Datasite Diligence Virtual Data Room

RATING:

4.7

(80)

About Datasite Diligence Virtual Data Room

Datasite provides a Saas solution for the M&A lifecycle. Its flagship product, Datasite Diligence, offers sophisticated analytics, ironclad security and dedicated customer support to enable deal success, from deal preparation and staging through all phases of due diligence. Primary features of Datasite Diligence include dashboard and visual analytics, queries management, custom watermarking, redaction, project management and sandbox. The platform offers drag-and-drop controls to help users organize documents and facilitates optical character recognition (OCR) in multiple languages. Additionally, it enables users to export data and visuals into multiple formats such as PDF, Excel and email. Datasite Diligence offers global safety standards with multiple compliances in...

Datasite Diligence Virtual Data Room Pricing

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Analytics - Track deal progress from every angle
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Datasite Diligence Virtual Data Room Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4

Functionality

4.5

Most Helpful Reviews for Datasite Diligence Virtual Data Room

1 - 5 of 80 Reviews

Sean

Management Consulting, 10,000+ employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

3

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed March 2024

Works great as a secure VDR

PROS

Datasite was easy to use and took little effort to set up.

CONS

The Q&A feature felt clunky and confusing. You aren't able to hide questions from specific users without setting up a whole new workflow.

Vendor Response

Greetings, Sean! Thank you very much for your review. Very glad Datasite has been easy to use and set up! I've shared your feedback on Q&A with our Product Team, and I appreciate the detail you provided. Again, thank you for taking the time to review Datasite! We look forward to working with you again soon. Best regards, The Datasite Team

Replied April 2024

Felipe

Investment Banking, 2-10 employees

Used monthly for less than 12 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2024

Very good program for the price

PROS

It is very easy to be an admin and keeps files save. Cheaper than other options

CONS

Sometimes the webpage was slow or crashed

Reason for choosing Datasite Diligence Virtual Data Room

Mostly price and the fact what we were used to the platform

Vendor Response

Hi there, Felipe! It's great to hear that you've found Datasite to be a great value, and an easy-to-use solution! Thanks for sharing your feedback on system slowness and outages. I've shared that with our Product team. Anytime you notice anything, contact our Datasite Assist team (service@datasite.com). We'll call or email you as soon as the system is up and running again. Thanks for your feedback, again! We look forward to hosting all of your future deals. Warm regards, The Datasite Team

Replied March 2024

Andrew

Capital Markets, 11-50 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

FUNCTIONALITY

5

Reviewed March 2024

Quality data room option

PROS

Datasite offers a safe and secure environment where we can share sensitive information without losing control of who has access.

CONS

The tradeoff with security is speed and ease of access. Resetting passwords and two factor authentication are must haves for a secure environment but this can sometimes slow down the speed of access.

Vendor Response

Hi Andrew! Thank you very much for sharing your feedback with us. I'm glad you've discovered some of our optional but valuable security features, like MFA. We're releasing some multi-factor authentication updates this spring that will hopefully make it a bit easier to login. I did pass along your perspective to the Product team. Stay tuned - we'll post about it on the webpage linked below. Again, thank you for the detailed review. We look forward to supporting you and your teams on future deals! Warm regards, The Datasite Team https://www.datasite.com/en/resources/new-features

Replied March 2024

Alia

Construction, 5,001-10,000 employees

Used monthly for less than 2 years

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed March 2023

Valuable review :-)

Overall easy to use.

PROS

Customer support is excellent. Easy user role and access management.

CONS

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. Lack of integration with other systems.

Reason for choosing Datasite Diligence Virtual Data Room

Ansarada, VDR

Vendor Response

Dear Alia, thank you for your kind words about Datasite and our service team. Your feedback on unique document numbers was very timely. We have just released an update that will enable you to search for files by their unique number. We encourage you to contact us at info@datasite.com to learn more. We look forward to working with you on your next deal. Best wishes, The Datasite Team

Replied March 2023

David

Accounting, 1,001-5,000 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed March 2024

Works well!

PROS

Very easy to use. Many data rooms are similar but Datasite has an attractive layout

CONS

None. I wish access was easier but understand the need for security protocol.

Vendor Response

Hello there, David. Thank you so much for sharing your feedback with us! We are so glad to hear that you find Datasite's interface visually appealing! I can definitely understand your comment about permissions being complicated. Our Product team is actively exploring ways we can simplify the setup, and I've shared your notes with them. Again, thank you very much for your review! We look forward to a continued partnership. Warm regards, The Datasite Team

Replied March 2024