Datasite Diligence Virtual Data Room

DataSite: Streamlining Due Diligence

Comments: 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 Switching to Datasite Diligence Virtual Data Room: Great customer service and my local Datasite managers were very approachable

Easy to use and ensures documents are easily accessible and secure

Comments: 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

Alternatives Considered: Sterling Virtual Data Room, Firmex Virtual Data Room, and Intralinks VDRPro

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

Review from Mercia

Comments: The website is clear and well organized. All the required functions are there.

Pros:

The regular update notification emails are very helpful.

Cons:

The login process, sometimes the loading will take a while

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

Easy to use VDR platform with lots of functionalities

Comments: 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 Switching to Datasite Diligence Virtual Data Room: Past experience on using Datasite was the deciding factor

Datasite is good

Pros:

Easy to use. Good customer service and support. No plug-ins.

Cons:

I cant think of anything as the team was always able to provide a solution.

Alternatives Considered: Intralinks VDRPro

Reasons for Switching to Datasite Diligence Virtual Data Room: Familiarity and pricing. It was clear that datasite was better value for money.

Best dataroom provider I've used so far

Comments: Good experience overall. Available support and once you've started acquiring experience with datasite it's hard to switch to another provider

Pros:

Good interface, user friendly, fast functionnalities (folder creation for example)

Cons:

Suggestions of folder when you upload a document is not accurate at all

Alternatives Considered: Intralinks VDRPro

Reasons for Switching to Datasite Diligence Virtual Data Room: More experience on the tool, easier to manage

Awesome Product

Pros:

Datasite is very user friendly and the value can't be beat. It's a critical tool in getting our deals done and efficiently transferring data between parties in a secure environment. Additionally, their customer support is quick to react and troubleshoot any questions we have.

Cons:

There really isn't much to stay negatively about Datasite.

Datasite VDR - The best-overall solution for transaction datarooms

Comments: Very very happy. Easy and intuitive to use. Would strongly recommend over any other alternative.

Pros:

1. 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 2. Customer support: Very dedicated team

Cons:

All the below items are minor and do not change my preference for Datasite VDR 1. Speed of bulk uploads: can be a bit faster

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.

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

Alternatives Considered: Intralinks VDRPro

Reasons for Switching to Datasite Diligence Virtual Data Room: Mostly price and the fact what we were used to the platform

the best VDR

Comments: very good customer support who are always reachable

Pros:

QnA functionality and live redaction is way ahead of others

Cons:

extensive especially for special media and large excel files if not set up properly

Datasite Review

Pros:

It is fairly easy to navigate and there isn't 'too much' going on. This makes the VDR feel clean and simply makes it easier for me as the administrator to arrange everything.

Cons:

Permission management can be a bit difficult to navigate, especially in terms of setting up numerous groups (in order to issues different levels of security).

Secure and reliable virtual data room provider

Comments: Not the most budget friendly choice but the most reliable option in the market.

Pros:

It is a quite user-friendly and secure software.

Cons:

The price is quite expensive compared to competitors. Bulk downloading is much slower after the recent changes in the software.

Finance Controller

Comments: Overall great experience and would like to use again.

Pros:

The process for any Diligence is easy, secure and trackable.

Cons:

Only could be a cost, instead of cost by data if we had fixed fee could be helpful.

Great Service

Comments: Outstanding. Really enjoy the user experience.

Pros:

I use Datasite for a number of the deals I work on. I find the product extremely user friendly, easy to access, and helpful to find the materials I need. It is top of the market for this software.

Cons:

Notifications could be a bit more rapid and clear as to when new documents are uploaded, although it's not any worse than peer products.

Private Credit Review

Comments: I like it! I've found it very easy to use and the people at customer support are helpful when I can't figure out a tool / have tech issues.

Pros:

I think it's easy to use, and I wish I would use it more; however, I don't set up the data rooms (the bankers send me links and I sign up for whatever one they choose)

Cons:

N/A - it is my favorite VDR by miles. I think the next best is Intralinks, but Datasite is far better

Easy to use dataroom

Pros:

Very easy platform to navigate, making conducting due diligence and accessing the documents I need a breeze!

Cons:

Some other datasites may have more advanced AI add-ins but I have never found those particularly useful

review of datasite diligence

Pros:

I like how easy the platform is to use and the customer support is great.

Cons:

There is a bit of a learning curve, but nothing too crazy.

Datasite for Due Diligence

Pros:

The ease of use and the file management

Cons:

Not allowed to download files and maintain the security settings

VDR review

Pros:

Really intuitive to use, can identify newly uploaded files easily, quick management of files downloaded

Cons:

I have no complaints about the virtual data room

Excellent Experience

Pros:

Security Features. Help Support. Timely resolution of queries.

Cons:

No cons. I liked it from every aspect.

Datasite is secure and easy to use

Pros:

Datasite has an intuitive user interface which makes it easier to navigate

Cons:

There was nothing to dislike as all critical requirements were met well by Datasite

Excellent Data Room Company

Pros:

The Datasite VDR is very easy to navigate and is user friendly.

Cons:

Sometimes large files take longer to loan, so speeding up the website would be helpful.

Easy to use data room

Pros:

The Datasite Diligence Virtual Data Room is easy to use and allows multiple documents to be uploaded.

Cons:

At times the data room can be slow, given the number of documents that need to be refreshed.