DealRoom vs. Devensoft

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
DealRoom
Score 8.1 out of 10
Mid-Size Companies (51-1,000 employees)
DealRoom in Chicago offers their flagship application to support due diligence in data exchange related to deals between organizations and entities (notably mergers and acquisitions) with automation, risk detection via request tracking, easy document location, all under the auspices of compliant and controlled information transaction rules.N/A
Devensoft
Score 0.0 out of 10
N/A
Devensoft helps strategic business leaders who understand the importance of realizing deal value quickly by centralizing and securing their M&A journey.​ The solution supports the deal success of organizations with transparency, priorities, and progress embedded into the fabric of all strategic initiatives.​ Key Features, M&A Pipeline Management Purpose-built pipeline visibility and control: Track targets and deals in…
$150
per month per user
Pricing
DealRoomDevensoft
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
DealRoomDevensoft
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup fee$3,000 one-time fee per installation
Additional Details
More Pricing Information
Community Pulse
DealRoomDevensoft
Top Pros

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Top Cons

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User Ratings
DealRoomDevensoft
Likelihood to Recommend
9.2
(11 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(1 ratings)
-
(0 ratings)
Usability
9.1
(1 ratings)
-
(0 ratings)
Support Rating
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
DealRoomDevensoft
Likelihood to Recommend
DealRoom
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
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Devensoft
No answers on this topic
Pros
DealRoom
  • 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.
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Devensoft
No answers on this topic
Cons
DealRoom
  • 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.
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Devensoft
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Likelihood to Renew
DealRoom
DealRoom is very easy to use and has a clear interface and all the features we needed.
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Devensoft
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Usability
DealRoom
It was the most intuitive data room platform that i used in my work
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Devensoft
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Support Rating
DealRoom
Support is very friendly and answers fast.
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Devensoft
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Alternatives Considered
DealRoom
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.
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Devensoft
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Return on Investment
DealRoom
  • 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.
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Devensoft
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ScreenShots

Devensoft Screenshots

Screenshot of a Kanban board for custom views of the M&A deal pipeline.Screenshot of a configurable summary page for details needed to get the deal done fast.Screenshot of the Activity Map,  providing project management functionality to help orchestrate the deal to close.Screenshot of a program to align teams post signature for integrations or divestitures.Screenshot of a package to run plays and replicate success across the M&A deal cycle.Screenshot of the Due Diligence package, with a due diligence portal to streamline the back and forth with sellers.