Datasite vs. DealRoom

Merrill DatasiteOne is particularly useful with multi-party due diligence for business development purposes. It is not as necessary for sharing nonconfidential data.

Incentivized

Well suited for projects where a large number of files need to be securely exchanged with clients. Not very suitable if the engagement does not involve heavy data exchange. We have used it in multiple M&A and due diligence projects and it works like a charm. I strongly recommend DealRoom

Incentivized

• 24/7 help desk is the top differentiator. Every help desk agent I've interacted with has really known the product end to end.
• Cross-platform compatible with no plug-ins, software downloads needed.
• Beautiful UI, looks very professional
• Reporting at the page level (with timestamps)

Incentivized

• Fixed cost pricing is unique and refreshing. Saves headache and worry throughout the process and with the client.
• Internal Diligence Tracking through the requests feature is a game-changer. Prevents inefficient excel trackers and unnecessary emails throughout the process.
• GUI and interface are clean and easy to use.
• Customer support and response to inquires is timely and helpful.

• Frankly, I can't think of any missing features or things that need to be improved. From the perspective of the user who is reviewing documents, it works quite well.

Incentivized

• DealRoom doesn't currently have an option for automatic weekly user analytics. I hope to see this feature implemented soon.
• The software is easy to use, as mentioned before, however, utilizing the setting buttons for folder structures can be difficult to understand at first.

DealRoom is very easy to use and has a clear interface and all the features we needed.

Very intuitive system, mostly drag and drop. There are ample opportunities for user and admin training with the Merrill staff as well.

Incentivized

It was the most intuitive data room platform that i used in my work

Customer service has always solved my issues in a relatively short period of time.

Incentivized

Support is very friendly and answers fast.

I prefer Firmex. They have a strong search function and a user interface that makes it easy to identify new documents. Merrill is robust and offers the same basic tools, but I find its interface less intuitive.

Incentivized

DealRoom provides a superior product. We select DealRoom for most of our engagements mostly due to the advanced Due Diligence capabilities that it provides. However, the ease of use, speed, and simplicity of the product are also factors that inspire us to choose DealRoom as our "go-to" provider.

• Merrill DatasiteOne has had a positive impact by allowing us to review large amounts of documents under tight timelines.
• Really it is just a tool to serve the larger business objective of completing due diligence for our clients.
• I don't think I've ever had a negative experience when the target has elected to use Merrill DatasiteOne for their datasite.

Incentivized

• It helped us manage documents and share info between our firm and the potential investors and clients. And also helped to manage internal processes and keep an eye on everything in the company.