Datasite Diligence Virtual Data Room For Diligence
March 10, 2025

Datasite Diligence Virtual Data Room For Diligence

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • Datasite Diligence

Overall Satisfaction with Datasite Diligence Virtual Data Room

Datasite Diligence Virtual Data Room offers the best VDR product, given its simplicity to use and advanced feature set. Datasite Diligence Virtual Data Room search is more advanced to compared to competitors solutions, as well as their notifications are more timely and accurate. Uploading and organizing files within the VDR is simple, saving valuable time during the diligence process.

Pros

  • Notificiations
  • Search
  • Security

Cons

  • Ability to tag other members in the VDR
  • Q&A use to be hard to use but is improving
  • Document summaries
  • Security, SSO sign on to save time logging in
  • Notifications, always being alerted when new docs are added
  • Transparency, easy to track what has and has not been completed
Datasite Diligence Virtual Data Room's platform is very simple to use and does not require a ton of training. I only gave a 9 vs. 10 given some of the more advanced features do require a few uses to understand and appreciate, but even then, they are easy to learn and quickly provide value to the project.
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.

Do you think Datasite Diligence Virtual Data Room delivers good value for the price?

Yes

Are you happy with Datasite Diligence Virtual Data Room's feature set?

Yes

Did Datasite Diligence Virtual Data Room live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Datasite Diligence Virtual Data Room go as expected?

I wasn't involved with the implementation phase

Would you buy Datasite Diligence Virtual Data Room again?

Yes

Datasite Diligence Virtual Data Room is best suited for M&A transaction engagements, with multiple parties involved and many files to be shared. However, it can be used on any project that requires file sharing where speed, usability, and security are important to the documents being shared. If the project requires data transfer, Datasite Diligence Virtual Data Room can solve it.

Comments

  • Sydney Ashmore | TrustRadius Reviewer
    Sydney Ashmore
    (Vendor Representative) commented 8 months ago
    Hello, and thank you for your thoughtful review! We’re delighted to hear that Datasite Diligence stands out for its ease of use, advanced search capabilities, and timely notifications—helping you save valuable time during diligence. It’s also great to know that the platform's security, purpose-built features, and usability have supported your workflow. We appreciate your insight on the more advanced features. While they may take a few uses to fully appreciate, we’re glad to hear they are easy to learn and quickly add value to your projects. We're always exploring ways to make powerful functionality even more intuitive. Thank you for your continued partnership with Datasite! We look forward to supporting your next deal. Best, The Datasite Team

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