Firmex Releases Document Versions Feature

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Firmex releases Versions, a feature in its Virtual Data Rooms that allows users easy access to the most accurate version of a document.

“We’re very excited about this new feature,” said Firmex CEO Joel Lessem. “It will bring a new level of ease and organization to the deal making process, and help our customers succeed.”

Firmex is pleased to announce the release of Firmex Versions, a new feature that allows our virtual data room users to automatically organize and store different versions of a document, supporting easy collaboration across the entire deal team.

Anyone familiar with running deals knows the headaches caused by keeping track of different versions of the same document. As documents undergo one revision after another, it's difficult knowing which one is the most up-to-date. This confusion slows down talks, leads to critical errors, and costs companies money and time.

Firmex Versions makes it easy for multiple users to collaborate on a single document in a Firmex virtual data room, streamlining the document review process. When users drag and drop a document with the same name and file extension into their data room, Firmex automatically detects changes, no matter how small, and creates a new version of the document in the data room.

“We’re very excited about this new feature,” said Firmex CEO Joel Lessem. “It will bring a new level of ease and organization to the deal making process, and help our customers succeed.”

Versions is now available in all of our virtual data rooms. Visit the Firmex site to see a full demonstration.

Intuitive, affordable, pervasive – thousands of companies worldwide choose Firmex Virtual Data Room (VDR) solutions to securely share their highly confidential documents. Firmex online data rooms are so easy to setup and use, customers can immediately control, share, collaborate and track the use of confidential documents. Whether looking to acquire or sell a company, raise funds, undergo a financial audit, share intellectual property or manage compliance documents, Firmex allows customers to securely share the right information with the right people, internal and external, anytime.

For further media inquiries, contact Mark Wright, VP Marketing (Mark(dot)Wright(at)Firmex(dot)com)

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Mark Wright
Firmex Virtual Data Rooms
+1 (416) 840-4241 Ext: 242
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since: 10/2009
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