What users are saying about
11 Ratings
9 Ratings
11 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.7 out of 100
9 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 7.7 out of 100

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
Anonymous | TrustRadius Reviewer

HighQ

HighQ Collaborate is well suited to situations where a law firm maintains numerous documents for a client and the client needs access to them on a regular basis.For example, we may store the client's minute book (which is relatively common for a large corporate law firm to do), but the client may need access to documents in that minute book on a regular basis.Likewise, we have an internal system at the firm for hosting digital versions of closing books, however, many clients would not have a similar system because they would only receive closing books irregularly. USBs get lost and the client might not want to put the closing book on the main server where anyone can access it. By putting the closing book on the extranet site, the individuals in the client's organization who should be able to access the closing book can do so.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Project Management

DealRoom
HighQ
8.1
Task Management
DealRoom
HighQ
8.0
Scheduling
DealRoom
HighQ
8.0
Workflow Automation
DealRoom
HighQ
9.0
Mobile Access
DealRoom
HighQ
9.2
Search
DealRoom
HighQ
9.6
Visual planning tools
DealRoom
HighQ
5.0

Communication

DealRoom
HighQ
8.6
Chat
DealRoom
HighQ
9.0
Notifications
DealRoom
HighQ
9.0
Discussions
DealRoom
HighQ
9.0
Surveys
DealRoom
HighQ
6.0
Internal knowledgebase
DealRoom
HighQ
10.0

File Sharing & Management

DealRoom
HighQ
9.4
Versioning
DealRoom
HighQ
10.0
Video files
DealRoom
HighQ
9.0
Audio files
DealRoom
HighQ
9.0
Document collaboration
DealRoom
HighQ
9.2
Access control
DealRoom
HighQ
9.2
Advanced security features
DealRoom
HighQ
10.0

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.
Anonymous | TrustRadius Reviewer

HighQ

  • Document sharing. This product makes it easy to upload, review and organize documents related to a particular project or matter.
  • Permissions. Collaborate allows very granular permissions to be assigned for shared documents and administrative activities such as workflows.
  • Reliability. The product is cloud-based and rarely, if ever, unavailable.
Anonymous | TrustRadius Reviewer

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.
Andrea Hoch | TrustRadius Reviewer

HighQ

  • It is just not that exciting. We host documents on there for clients but the extranet sites have ultimately turned out to not be a product that our clients are clamoring for or that we are regularly pushing.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

DealRoom

DealRoom 9.1
Based on 1 answer
DealRoom is very easy to use and has a clear interface and all the features we needed.
Anonymous | TrustRadius Reviewer

HighQ

No score
No answers yet
No answers on this topic

Usability

DealRoom

DealRoom 9.1
Based on 1 answer
It was the most intuitive data room platform that i used in my work
Anonymous | TrustRadius Reviewer

HighQ

No score
No answers yet
No answers on this topic

Support Rating

DealRoom

DealRoom 9.1
Based on 1 answer
Support is very friendly and answers fast.
Anonymous | TrustRadius Reviewer

HighQ

HighQ 10.0
Based on 2 answers
The interface is easy to use and overall the software seems pretty robust (I haven't had any crashes yet), so I haven't had to use the support very often. Likewise, I don't think I've ever had a client e-mail me with questions or issues - the software is pretty idiot-proof.
Anonymous | TrustRadius Reviewer

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.
Anonymous | TrustRadius Reviewer

HighQ

I feel that HighQ does not really have any real competition in this space because it simply accomplishes its goals far better than the competition at lower cost, while requiring less training and administration.
Anonymous | TrustRadius Reviewer

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.
Anonymous | TrustRadius Reviewer

HighQ

  • Permits fairly simple administration by a single person for hundreds of Extranets
  • One shop stopping for reliable, secure document sharing and signing with external parties
  • Simple enough to use that internal and external users do not need training to take advantage of the product.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

DealRoom

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

DealRoom Editions & Modules

Edition
Basic$1000.001
Professional$2000.001
EnterpriseContact sales team
  1. per month
  2. none
Additional Pricing Details
We have additional pricing available. Teams can also pay a one-time flat rate. All pricing plans include unlimited users, unlimited data, and no overage fees.

HighQ

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

HighQ Editions & Modules

Additional Pricing Details

Rating Summary

Add comparison