Datasite Diligence is a sell-side virtual data room offering rigorous security and seamless collaboration. Users can categorize and redact with AI, track tasks, answer questions, and analyze progress.
As a technology diligence specialist, on the buyside I'll use whatever the target company has chosen. On the sell side, if asked for a recommendation, I'll usually point clients towards the most suitable solution for their scale and the complexity of the deal.
More secure, faster downloads, more intuitive to navigate, better Q&A functionality. Cost often higher though - but this doesn't impact buyer of M&A deals typically.
Datasite is much better than any of its competitors - it has a more sleek, interactive, and easier interface than the other providers, and is an overall much more efficient platform than the rest. From using Datasite on both the sellside and buyside, I can confidently say it's …
The indexing, file structure and document viewing are better in Datasite than each of the others. It's also easier to download or open documents in a new tab (vs. in browser) and easier to search and do targeted bulk downloads in Datasite.
Much easier to navigate folders and data within the specific projects. The data rooms mentioned above sometimes only allow for one download at a time which significantly bogs down our team members. Datasite does a great job of allowing users to quickly review and download data …
Datasite is far superior in UX and usability. It is also much faster. Overall, it is a far better solution. I can't think of anything that DFIN does better.
Datasite Diligence Virtual Data Room is the clear leader in virtual data rooms. Its tracking and update features are top notch. Other sites do not have the same functionality.
Datasite Diligence Virtual Data Roomis easier to use and more fully meets my needs. Other platforms do not offer has much functionality and are not as reliable for notifications when new files are added.
Datasite Diligence Virtual Data Room is much better in terms of an interface — very way to use which saves a lot of time. The biggest advantage is permissioning and the ease of doing that. Personally, have made much more mistakes with the other solutions due to complicated …
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Chose Datasite Diligence Virtual Data Room
The 'structure' on Datasite Diligence Virtual Data Room is more organized and easier for viewers and use.
It is much easier using Datasite Diligence Virtual Data Room to navigate subfolders. I like how Datasite Diligence Virtual Data Room allows you to look through folders using the table of contents on the left side compared Intralinks which doesn't have that feature.
Datasite is well suited for organizing large quantities of a variety of documents into folders. It is not as well suited for Xcel, which generally requires downloading in order to review, but there are quick preview options for Word and PDF items.
User-friendly interface. We download datarooms for a single deal over 30+ times per deal (as the dataroom gets updated), so the interface being easy to access / navigate is extremely important.
Features: Datasite Diligence Virtual Data Room gives great tools beyond just downloading a dataroom. Easy notifications when something gets downloaded, two factor authentication, ability to search data room or filter for recently uploaded files, etc.
Organization: A lot of data rooms do not allow you to keep organized file paths. When you download a dataroom it often looses all the index folder names. Datasite Diligence Virtual Data Room keeps files extremely organized and is always available.
Major feature I noticed in other datarooms that's missing in Datasite Diligence Virtual Data Room is bulk download feature. I can select multiple files/folders under a parent folder, however, I would like to be able to download selected files/folders from among multiple folders.
Another feature I'd love to see is a "New*" menu item in Q&A, just like we have in the Documents section correctly. I know I can still use the date to filter the latest answered questions, but having the "New" option makes it a lot easier to do a quick filter. My idea is that this option will show all activity that I haven't looked at since my last login, irrespective of date.
It is my go to data room provider and I am super comfortable using it. I don't think I would want to use anything else since I can't trust them like I can trust Datasite
Tough to figure out at first but after using the platform for some time, you can get used to Datasite Diligence Virtual Data Room pretty quickly. Would be great to have more of a tutorial up front to better be able to navigate the software, especially starting off as the data dealt with is sensitive.
As a technology diligence specialist, on the buyside I'll use whatever the target company has chosen. On the sell side, if asked for a recommendation, I'll usually point clients towards the most suitable solution for their scale and the complexity of the deal.