Datasite Diligence Virtual Data Room

RATING:

4.5

(23)

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

4.5

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4

Functionality

4.5

Most Helpful Reviews for Datasite Diligence Virtual Data Room

1 - 5 of 23 Reviews

Anonymous

51-200 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2023

Great product and easy to use

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.

Reason for choosing Datasite Diligence Virtual Data Room

Functionality of dataroom is far superior to Dropbox.

Vendor Response

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

Replied March 2023

Austin

Mining & Metals, 10,000+ employees

Used more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2020

Excellent data room provider

PROS

Datasite is consistently excellent. Their platform is easy to use, intuitive, and customizable. Their customer support is top notch, and the optical character recognition has been incredibly useful for making documents searchable.

CONS

I have used Datasite many times, and it has always been a great experience. However, on the last project I worked on, it would default to the "Index" view of the data room which was not very helpful. I had to manually revert to a different view each time I visited the data room.

Reason for choosing Datasite Diligence Virtual Data Room

Datasite has excellent customer service and a consistently excellent product.

Vendor Response

Dear Austin, thank you for taking the time to leave us such a kind review. We are thrilled to hear you have had such positive experiences with our applications, and with our service team. Recently, we have redesigned our user interface to make it easier than ever to customize your index experience. If you are interested in checking out our latest innovations, please send an email to info@datasite.com. We hope to work with you again soon! Sincerely, The Datasite Team

Replied March 2023

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

Caroline

Law Practice, 51-200 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

3

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed March 2023

Review

PROS

It is easy to use, everything to you need to do takes seconds and very few pushes of buttons.

CONS

I would like to add documents in the Q&A without having to save them in the structure in the VDR.

Reason for choosing Datasite Diligence Virtual Data Room

It is a little less expensive but also sometimes easier to use.

Vendor Response

Dear Caroline, on behalf of Datasite, thank you for taking the time to leave us a review. We are very glad to hear you are finding the platform easy to use. I have shared your note about Q&A with our product development team. If we can do anything to further assist you, please contact us: info@datasite.com. We look forward to working with you again soon! Warm regards, The Datasite Team

Replied March 2023

Ralph

Financial Services, 10,000+ employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed April 2023

Feedback

Good

PROS

Generally easy to use although the recent change to the look & feel didnlt benefit us much and we rever to the previous view as asier

CONS

On occasion slow turnaround times but this has been fixed over time to satisfaction

Vendor Response

Dear Ralph, We appreciate your thoughtful review of Datasite, and we are very glad you find Datasite easy to use. We are excited about the latest upgrade of Datasite and would love the chance to give you a personalized tour of it. There are some very powerful new features in the new look of Datasite which can make it easier and faster to get your work done. Please send us an email at info@datasite.com if you like us to show you around. Best wishes, The Datasite Team

Replied April 2023