Datasite

Datasite Diligence

7.2 /10

What is Datasite Diligence?

Leading Data Room for M&A Due Diligence Dealmakers require tools with features and capabilities that anticipate any roadblock they may face. With Datasite Diligence, you can set up a virtual data room (VDR) faster than ever before while gaining access to a set of leading features and expert support designed to keep your deal moving forward no matter the situation.

Company Details

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Awards & Recognition

Datasite Diligence won the following awards in the Virtual Data Room category

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2023 Data Quadrant Gold Medalist

2023

3 Top Rated Capabilities

1 Top Rated Features

2023

3 Top Rated Capabilities

1 Top Rated Features

2022

Datasite Diligence Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Datasite Diligence.

80 Likeliness to Recommend

1
Since last award

87 Plan to Renew

1
Since last award

76 Satisfaction of Cost Relative to Value

3
Since last award

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Emotional Footprint Overview

+78 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Datasite Diligence?

12% Negative

0% Neutral

88% Positive

Pros

Helps Innovate
Efficient Service
Appreciates Incumbent Status
Client Friendly Policies

Feature Ratings

Average 75

File Sharing Collaboration

File Rooms

Data Encryption

Drag and Drop User Interface

Permissions and Access Right Management

Q&A Management

Optical Character Recognition

Redaction

Reporting and Analytics

Artificial Intelligence Categorization and Indexing

Digital Rights Management

Vendor Capability Ratings

Average 76

Ease of Implementation

Usability and Intuitiveness

Vendor Support

Availability and Quality of Training

Quality of Features

Breadth of Features

Business Value Created

Ease of Data Integration

Product Strategy and Rate of Improvement

Ease of Customization

Ease of IT Administration

Datasite Diligence Reviews

Role: Finance
Industry: Healthcare
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Jun 2022

Best VDR software without question

Likeliness to Recommend

10 /10

Pros

Reliable
Enables Productivity
Efficient Service
Respectful

Oni P.

Role: Consultant
Industry: Banking
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Apr 2022

On the higher end of cost but fantastic product.

Likeliness to Recommend

9 /10

What differentiates Datasite Diligence from other similar products?

Datasite integrates other complimentary offerings into its core VDR offering (i.e. redaction, deal marketing tool, etc.) which differentiates them above competitors.

What is your favorite aspect of this product?

The ability to redact within the VDR platform.

What do you dislike most about this product?

Sometimes it feels as though there are too many functionalities, which on one end are a blessing but ultimately can overwhelm.

What recommendations would you give to someone considering this product?

Invest the time to understand what you need from a VDR solution. For a very comprehensive solution, Datasite is an excellent tool.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Nomazulu S.

Role: Consultant
Industry: Construction
Involvement: Vendor Selection and Purchasing

Validated Review

Verified Reviewer

Submitted Apr 2022

Extremely user friendly albeit expensive

Likeliness to Recommend

10 /10

What differentiates Datasite Diligence from other similar products?

It is user friendly

What is your favorite aspect of this product?

The set up of the functions on screen

What do you dislike most about this product?

Not much, I like the product

What recommendations would you give to someone considering this product?

It wouldn’t be my only recommendation but it would be on the list of suggestions

Pros

Saves Time
Transparent
Helps Innovate
Performance Enhancing

Cons

Less Friendly Negotiation

Datasite Diligence

What is Datasite Diligence?

Company Details

Need Assistance?

Awards & Recognition

2023 Data Quadrant Gold Medalist

Datasite Diligence Ratings

80 Likeliness to Recommend

1 Since last award

87 Plan to Renew

1 Since last award

76 Satisfaction of Cost Relative to Value

3 Since last award

Emotional Footprint Overview

+78 Net Emotional Footprint

How much do users love Datasite Diligence?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

File Sharing Collaboration Users share, view, edit, discuss, and provide feedback on content, synchronously or asynchronously, either natively or through a third-party integration.

File Rooms The ability to create rooms or groups to organize similar files.

Data Encryption Encrypt data in flight, while it's being uploaded/entered, and at rest, after it is uploaded/entered.

Drag and Drop User Interface Optimal user interfaces and interactions, such as drag-and-drop and file open-in applications.

Permissions and Access Right Management Defining of user-access rights for content assets or folders at group and individual level to control the management of digital assets.

Q&A Management The ability for admins to field questions from users, route to a subject matter expert to answer, vet the answers and get back to the questioner.

Optical Character Recognition The ability to transcribe the image text into a format that is recognized as electronic text

Redaction The ability to fully redact personally identifiable and sensitive information through text and image redaction.

Reporting and Analytics The solution provides the ability to create metrics-driven dashboards and reports showing unique visitors, click-through, conversions, payments etc.

Artificial Intelligence Categorization and Indexing Analyze and manage files with integrated AI through suggested categorizations and index creation.

Digital Rights Management Protect intellectual property from being saved, copied, printed or distributed and the ability to add watermarks or expiry dates to documents.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Datasite Diligence Reviews

Best VDR software without question

Likeliness to Recommend

Pros

Oni P.

On the higher end of cost but fantastic product.

Likeliness to Recommend

Pros

Nomazulu S.

Extremely user friendly albeit expensive

Likeliness to Recommend

Pros

Cons

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Feature Ratings

File Sharing Collaboration

File Rooms

Data Encryption

Drag and Drop User Interface

Permissions and Access Right Management

Q&A Management

Optical Character Recognition

Redaction

Reporting and Analytics

Artificial Intelligence Categorization and Indexing

Digital Rights Management

Vendor Capability Ratings

Ease of Implementation

Usability and Intuitiveness

Vendor Support

Availability and Quality of Training

Quality of Features

Breadth of Features

Business Value Created

Ease of Data Integration

Product Strategy and Rate of Improvement

Ease of Customization

Ease of IT Administration