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Datasite Diligence Virtual Data Room

Datasite Diligence Virtual Data Room

4.7 (104)
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What is Datasite Diligence Virtual Data Room?

Datasite Diligence™ is the premier due diligence data room, streamlining mergers and acquisitions (M&A), asset sales, financing, and restructuring processes. As a sell-side virtual data room, it integrates advanced data room systems with strong data security, ensuring sensitive information stays protected at every stage. Designed to manage deals of any size, Datasite Diligence™ offers AI-powered redaction, detailed permission settings, and real-time tracking to control access and monitor activity. The data room simplifies task tracking, Q&A, and analytics in fast-paced transactions, aligning teams throughout the process. With its intuitive platform, Datasite Diligence™ supports secure document sharing and analysis, helping dealmakers across the globe manage complex transactions with ease. As trusted virtual data room software, Datasite Diligence™ ensures the efficient execution of due diligence checklists and saves valuable time.

Analytics - Track deal progress from every angle
Trackers - Consolidate your Excel checklists
Redaction - Redact (and unredact) with confidence
Q&A - Bring order to a cumbersome process
Mobile - Keep things moving while on the go

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How much is Datasite Diligence Virtual Data Room?

Starting From:
Not provided by vendor
Per Month
  • No free trial
  • No free version
Pricing Details (Provided by Vendor):
Contact Datasite For Pricing Information.

Datasite Diligence Virtual Data Room Features

What solutions does Datasite Diligence Virtual Data Room provide?

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Datasite Diligence Virtual Data Room Reviews

Showing 5 of 104 reviews
Overall
4.7
Ease of Use
4.6
Customer Service
4.7

Pros

  • Overall, my experience with Datasite Diligence Virtual Data Room has been positive. The platform's robust security measures instilled confidence in the protection of sensitive information.

  • Intuitive and ease of use: ability to "View As" a group is game-changing, and gives you peace of mind in ensuring that permissions are accurate and important sensitive data is shared correctly.

  • The diligence feature helps keep everything in one place for Q&A to stay easily organized, track outstanding items and coordinate across a large team. The features are easy to use and intuitive.

  • Very secure, easy to use, and multifunctional. Good support for any issues that may arise through the process.

Cons

  • The worst parts are the bugs using datasite outreach.

  • There could have been more warning before closing data rooms, but archive features should enable access if needed.

  • Sometimes hard to understand where I might switch on/off different features.

  • A major critical feature that is missing is unique identifier (ID number) for documentation. The reference for documents change if you change the order, which is a massive cons.

Most Helpful Reviews for Datasite Diligence Virtual Data Room

Tejashwi K. avatar
Tejashwi K.
Manager - Corporate Finance
Financial Services, 10,001+ employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
May 7, 2024

"DataSite: Streamlining Due Diligence"

Overall: Overall, my experience with Datasite Diligence Virtual Data Room has been positive. The platform's robust security measures instilled confidence in the protection of sensitive information. Despite occasional performance lags during peak usage times, its intuitive interface and efficient document management capabilities streamlined our due diligence processes.

Pros: Advanced security protocols instill confidence. Intuitive interface facilitates ease of use. Robust document management streamlines processes. Responsive customer support ensures assistance when needed.

Cons: Occasional lag during high-volume usage. Limited customization options for user interface.

Alternatives Considered: Intralinks VDRPro and iDeals Virtual Data Room
Reasons for Choosing Datasite Diligence Virtual Data Room: Great customer service and my local Datasite managers were very approachable

Vendor Response

By Datasite on May 14, 2024
Greetings, Tejashwi! And thank you so much for taking the time to share your thoughts with us. We are so glad to hear you've enjoyed our security features, UI, and customer service team. I've shared your notes about slow performance, and your desire for more ways to customize the interface with our Product team. Thanks for that! Again, really glad you reached out to share your feedback. We look forward to a continued partnership! Best regards, The Datasite Team
Chris F.
Analyst
Financial Services, 11-50 employees
Used the software for: 1-2 years
Overall Rating
4.0
Ease of Use
5.0
Customer Service
5.0
Features
4.0
Value for Money
4.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
May 7, 2024

"Easy to use and ensures documents are easily accessible and secure"

Overall: Great experience and the support team were very responsive and helpful when needed

Pros: Very easy to use and manage folders/documents. Setting up permissions and access controls are intuitive and the "view as" feature is particulalry useful to make sure the correct folders/files are accessible or hidden for the correct parties.

Cons: Was looking to try and freeze a portion of the dataroom but not all folders, unfortunately, this feature wasn't available

Reasons for Choosing Datasite Diligence Virtual Data Room: Had used it previously on other deals and found it very effective.

Vendor Response

By Datasite on May 14, 2024
Hi Chris! Thank you so much for sharing your detailed review of Datasite! I'm super glad to hear that you've found our product easy to use. And you've discovered "View As"! That one is a hidden gem and so useful for that permissions gut check. I've shared your feedback on being able to freeze parts of the data room with the Product team - and I thank you for that detail. Again, thank you so much for your feedback. We look forward to a continued partnership. Best regards, The Datasite Team
Jessica Y.
Associate
Hospital & Health Care, 5,001-10,000 employees
Used the software for: 6-12 months
Overall Rating
3.0
Ease of Use
3.0
Features
3.0
Likelihood to Recommend
7/10
Reviewer Source
Source: Capterra
March 19, 2024

"Datasite Review"

Pros: Good storage area for client documents, responsive website, I like that files open in separate tabs too

Cons: Search function isn't good/accurate, index sorting for new documents isn't set up efficiently

Vendor Response

By Datasite on March 28, 2024
Hi there, Jessica! Thanks so much for sharing your feedback with us. I've shared your feedback on search and using the New Documents shortcut with our Product team so they can investigate, and I appreciate you passing this along. Thank you for taking the time to review Datasite. We hope to work with you again soon! Warm regards, The Datasite Team
Devashish C.
Senior Director Corporate Development
Telecommunications, 10,001+ employees
Used the software for: 2+ years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
10/10
Reviewer Source
Source: Capterra
December 8, 2023

"Easy to use VDR platform with lots of functionalities"

Overall: Very good overall experience, we are using it repeatedly over years across many projects

Pros: Easy to use Redaction tool Giving access to password protected file without sharing password Managing user access and restricting file access as required Q&A

Cons: Nothing comes to mind as the tools I use are sufficient

Alternatives Considered: Intralinks VDRPro
Reasons for Choosing Datasite Diligence Virtual Data Room: Past experience on using Datasite was the deciding factor

Vendor Response

By Datasite on January 2, 2024
Greetings, Devashish! Thanks for leaving Datasite Diligence a review. We're so glad to read that you've been able to take advantage of so many of our tools - redaction, permissions, and Q&A - wow! We truly hope you continue to choose Datasite for all of your future deals, and we look forward to partnering with you again soon. Warm regards and thanks again, The Datasite Team
Verified Reviewer
Associate
Law Practice, 51-200 employees
Used the software for: 1-2 years
Overall Rating
5.0
Ease of Use
5.0
Customer Service
5.0
Features
5.0
Value for Money
5.0
Likelihood to Recommend
8/10
Reviewer Source
Source: Capterra
March 22, 2023

"Great product and easy to use"

Overall: Having used it for a number of transactions, my experience has been positive.

Pros: The ease of use. It is simple to set up and manage which is critical when managing a sale of a business.

Cons: That excel spreadsheets cannot be redacted.

Alternatives Considered: Dropbox Business and Brainloop DealRoom
Reasons for Choosing Datasite Diligence Virtual Data Room: Functionality of dataroom is far superior to Dropbox.

Vendor Response

By Datasite on March 27, 2023
Greetings, and thank you for taking the time to review us! We're thrilled that you are finding Datasite easy to use. Your feedback is extremely valuable to us, and we have shared your note about redacting Excel files with our product development team. We'd love to hear more from you about this topic. If you're interested, please contact us at info@datasite.com. We look forward to working with you again soon. Warm regards, The Datasite Team