Datasite Diligence Virtual Data Room Reviews

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.

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.

Makes my job easier

Comments: My overall review of parasite is a very positive experience

Pros:

Ease of use and speed. The platform allows me have control.

Cons:

The ability to not be able to bulk download documents sometimes is a pain

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.

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.

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.

Good product, happy customer

Comments: Absolutely no complaints, very happy with the product.

Pros:

Very easy and straigh forward. Reasonably priced, fantastic customer service.

Cons:

May be slightly more expensive than competitors so I feel I should have a look around the market from time to time.

M&A transaction data room

Comments: Good, would generally recommend as a good site for M&A deal due diligence.

Pros:

Generally user friendly, good range of functions and AI redaction tool is very helpful, sandbox folder is helpful when learning how to navigate data room and preparing folders before publication.

Cons:

Setting permissions for groups of users was not as easy to vary as some other data room sites used. Expensive in comparison to some other similar platforms.

Best VDR platform

Pros:

Best VDR platform ever by far from the competition.

Cons:

Nothing to comment here. Generally the platform ticks all the boxes.

Alternatives Considered: Intralinks VDRPro

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.

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

Great product and a clear leader in the market

Pros:

Datasite is straightforward to use, has strong name recognition, and is a go-to product in most diligence.

Cons:

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

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.

Great vdr

Pros:

Excellent vdr features and overall solution

Cons:

Initial complexity setting up vdr but customer service has been helpful

Datasite Review

Pros:

It is highly functional and easy to use. The best feature is the redaction tools.

Cons:

The worst parts are the bugs using datasite outreach.

Datasite Review

Pros:

The ease of use is great. Compared to other services, it is very intuitive.

Cons:

The pricing is a lot more expensive than other platforms.