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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SecureDocs, An Onit Product
Score 8.4 out of 10
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SecureDocs in Goleta, California offers their Virtual Data Room as a deal room and secure corporate document vault, offering permission-based user roles, dynamic watermarking, drag-and-drop uploads, and other ease of use features that also maintain security.
I always prefer Datasite Diligence Virtual Data Room because of the user interface and ease of use. It provides the most seamless experience out of all of them and removes any concerns that the data room will cause us any challenges in the process.
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
It's easy to manoeuvre across. And you can just use the search bar at the top to find specific files, so you don't have to search through all the folders. Relevant in a big deal with lots of workstreams, such as CDD, FDD, ODD, RDD.
While the other players might offer certain additional features over the Datasite Diligence Virtual Data Room, the cost justification does not exist for any of those features. A secure data room at the cost of offering that is provided and the level of security functions make it at par with the other competitors and hence a go to choice for any organisation's requirements