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.
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SS&C Intralinks DealCentre
Score 7.7 out of 10
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DealCentre brings together a purpose-built set of solutions into one fully integrated M&A technology platform suite that delivers value across the deal — from the early prep phase through due diligence, and ultimately a successful close. The solution includes: VDRPro™ Accelerates M&A due diligence with automated setup, easy file management — including bulk uploads, document-based workflows, integrated redaction. DealMarketing™ - Reaches the right people to…
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 …
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
Those are way harder to navigate, worse UI, slower, etc.
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.
There is not really our decision to choose Datasite Diligence Virtual Data Room rather than other services provides, since Client / Target hire Datasite Diligence Virtual Data Room.
Actually, Datasite Diligence Virtual Data Room was chosen by our clients / transaction parties, rather us. We are users of Datasite Diligence Virtual Data Room as they were assigned to us. Sometimes we also use our firm databases for due diligence. Datasite Diligence Virtual …
I think Intralinks is the closest competitor. Relative to the rest of the providers (outside of Intralinks), Datasite Diligence Virtual Data Room is easier to use and more reliable.
There are many comparable features across these products, and I've also seen Intralinks, SnartRoom and Venue improve at the same pace as Datasite Diligence Virtual Data Room does. However, I still feel that the basic navigation and combing through index list, Q&A etc., is a lot …
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.
Very well suited for data room usage. Great for project based work where you have a specific group of people who are located worldwide that you want to collaborate with together. Very useful for sharing large documents with virtually anyone. Probably not appropriate or useful for small group or one on one usage involving documents that can be easily emailed (smaller in size).
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.
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.
Intralinks is more robust and has a more professional user interface. I use both products but I would default to intralinks if it was an important project involving outside resources or partners. Box I feel is perfectly suitable for internal projects that involve department members or multiple company departments