Datasite Diligence Virtual Data Room Reviews

Works for data review

Comments: Very good and does its job well for serving data

Pros:

Great place to store temporary documents for a project. Easy to provide access to other team members for review. Keyword searches highlight in results.

Cons:

No custom searches like for regular expressions or conditional searches

Datasite is top tier!

Pros:

The interface is intuitive to use and the customer service team is very helpful. Datasite is also widely used in the M&A industry so consultants and bankers already know its functionality.

Cons:

Occasionally there are errors uploading files. It's not always clear how a data room is being billed.

Alternatives Considered: Intralinks VDRPro and Ideals Virtual Data Room

Reasons for Switching to Datasite Diligence Virtual Data Room: Datasite had competitive pricing while also maintaining data security and simple functionality.

Terribly expensive VDR

Comments: Terrible, way too overpriced with a very predatory pricing structure.

Pros:

Functional VDR with required analytics and other functions.

Cons:

Terrible pricing structure, at a cost per page, and extra costs for excels. Very predatory an way too expensive compared to other VDR providers. Representatives are not very helpful.

Review 1/13/25

Comments: Fantastic, always helpful, and easy to use online.

Pros:

Impeccable client service, pick up at the drop of a hat. Love working with them.

Cons:

Can sometimes be a bit pricey but I understand why.

Alternatives Considered: Intralinks VDRPro

Reasons for Switching to Datasite Diligence Virtual Data Room: Better client service and overall user interface

Great Data Sharing Tool but Price Can be High

Comments: I currently use Datasite on the daily basis. It is very user friend and makes it easy for me to find documents that I have uploaded and other documents that others have uploaded. The only thing that is not my favorite is that it can be hard to tell what documents have been uploaded when.

Pros:

The easy of use. The fact that you have one central spot to be able to upload large files and data sets to be able to share with internal and external clients. It is also nice that gives you a daily update on what documents have been provided by either parties.

Cons:

The price. Datasite historically charges clients by the amount of pages that are extracted from the platform. Therefore, the cost of using the software can and will add up quickly.

Great Product, Great Team

Comments: Very good. It is the best product and makes my life as a banking analyst less stressful since I know I am not sharing anything with who it shouldn't go to

Pros:

How easy it is to work with several buyers / parties

Cons:

Sometimes it can be slow to load files in

Datasite review by Shelley

Comments: I've utilized the virtual dataroom on multiple occasions and had a great experience.

Pros:

The virtual dataroom is structured and easy to follow.

Cons:

I didn't have any issues with the datasite diligence virtual dataroom.

Capterra Review

Pros:

Really helps things go a lot smoother, definitely saves on efficiency

Cons:

Takes some getting use to the interface, but once you're familiar its great

Jack Herceg's Review

Comments: Really good. The software is organized and easy to download.

Pros:

Easy to download and very organized every project.

Cons:

Nothing major to note. Download speeds are relatively strong.

Excelent Data Room Software

Comments: It was easy to use and allowed all participants to work smoothly and efficiently

Pros:

Easy to use with intuitive and relevant features

Cons:

Nothing really. It provides all you need

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

Datasite is the Gold Standard

Pros:

Very clear permissioning and directory levels. Access rights are intuitive for all users.

Cons:

No real cons for a practical purposes. Pricing can be a bit high.

Great VDR for M&A processes

Comments: Overall pleased I use them for all our M&A deals.

Pros:

UI is easy to use and has multiple functions and features, it's not overly simplistic which is good.

Cons:

Could be quicker, have better redacting tech, more automation.

Alternatives Considered: Intralinks VDRPro

Reasons for Switching to Datasite Diligence Virtual Data Room: Datasite has a better UI / more intuitive.

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).

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.

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.

Datasite review

Pros:

Easy to use, excellent custumer support (Also for counterparties not used to use VDRs)

Cons:

when you perform bulk uploads you are not able to instruct additional uploads

Alternatives Considered: Intralinks VDRPro

Great data room

Pros:

Files are secure, easy to access, and user access is very easy to manage.

Cons:

The search functionality could be improved, especially for pdf files.

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

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.

Good data room

Pros:

efficient. good to use. not hard to navigate

Cons:

expensive. not good value for money. could be cheaper.

Easy to Run Diligence

Pros:

Datasite makes it easy to upload files quickly, view new uploads, and has great 24/7 customer service.

Cons:

Some of the features can be a bit restrictive, and permissioning can be confusing.