Logo of Datasite Diligence

Datasite Diligence

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Company health

Employee growth
18% increase in the last year
Web traffic
31% decrease in the last quarter

Ratings

G2
4.6/5
(115)
Glassdoor
3.9/5
(609)

Datasite Diligence description

Datasite Diligence is a secure online platform designed to streamline the due diligence process during mergers and acquisitions (M&A). It allows you to upload, organize, and share confidential documents with potential buyers or investors. With features like automated redaction, Q&A sections, and detailed activity tracking, Datasite Diligence helps you manage and close deals faster while minimizing risks. It's used by companies of all sizes, but is particularly valuable for complex transactions requiring a high level of security and control.


Who is Datasite Diligence best for

Datasite Diligence is a secure online platform streamlining the due diligence process during mergers and acquisitions. It allows secure document sharing, Q&A, and activity tracking. Users praise its intuitive interface and responsive customer support. However, some find the login process and file permissioning difficult. Datasite Diligence is best for large financial institutions managing complex transactions requiring high security.

  • Best fit for medium and large companies.

  • Ideal for financial institutions handling M&A.


Datasite Diligence features

Supported

Datasite Diligence tracks document views, downloads, and user engagement.

Supported

Datasite Diligence supports audit trails for user actions, including document access.

Supported

Datasite Diligence supports customizable watermarks to deter unauthorized copying.

Supported

Datasite Diligence allows restricting user actions like printing, viewing, or downloading documents based on permissions.

Supported

Datasite Diligence supports Q&A management, likely including a forum.

Supported

Datasite Diligence supports redaction using AI-powered tools and custom lists.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly negative
-0.78

Customer Service

Strongly positive
+0.89

Ease of Use

Strongly positive
+0.97

Reliability and Performance

Neutral
+0.14

Ease of Implementation

Rather positive
+0.33

Datasite Diligence reviews

We've summarised 106 Datasite Diligence reviews (Datasite Diligence G2 reviews) and summarised the main points below.

Pros of Datasite Diligence
  • Intuitive and user-friendly interface.
  • Excellent and responsive customer support.
  • Robust search functionality, including text recognition.
  • Detailed activity tracking and analytics.
  • Secure platform with strong permissioning controls.
Cons of Datasite Diligence
  • Difficult login process, requiring multiple attempts.
  • Convoluted permissioning for specific files.
  • Expensive, especially for media files.
  • Slow document upload times, especially for large files.
  • Difficult to locate newly uploaded documents.

Datasite Diligence pricing

The commentary is based on 21 reviews from Datasite Diligence G2 reviews.

Datasite Diligence is often described as a premium virtual data room solution with a price tag to match. While users consistently praise its features and usability, many note its higher cost compared to competitors, particularly for smaller clients or those sensitive to page-based pricing. Some users desire more pricing transparency.

Users sentiment

Strongly negative
-0.78

Datasite Diligence alternatives

  • Logo of Blackroom
    Blackroom
    Secure virtual data room streamlines dealmaking with AI.
    Read more
  • Logo of DiligenceVault
    DiligenceVault
    Streamlines fund due diligence for investors and managers.
    Read more
  • Logo of Virtual Vaults
    Virtual Vaults
    Secure deal management platform for due diligence and collaboration.
    Read more
  • Logo of ShareVault
    ShareVault
    Secure document sharing for due diligence and confidential deals.
    Read more
  • Logo of Ansarada
    Ansarada
    Secure dealmaking platform for M&A, fundraising, and audits.
    Read more
  • Logo of iDeals Virtual Data Room
    iDeals Virtual Data Room
    Secure document sharing for deals, simplified.
    Read more

Datasite Diligence FAQ

  • What is Datasite Diligence and what does Datasite Diligence do?

    Datasite Diligence is a secure virtual data room platform that streamlines the due diligence process for mergers and acquisitions. It enables secure document sharing, Q&A management, and activity tracking, facilitating faster deal closures. Its intuitive interface and robust security features make it ideal for complex transactions.

  • How does Datasite Diligence integrate with other tools?

    Datasite Diligence facilitates integrations through its open API. While specific integrations aren't detailed, the API allows connections with other tools, enhancing the platform's functionality and streamlining workflows. This flexibility makes it adaptable to various business needs.

  • What the main competitors of Datasite Diligence?

    Datasite Diligence's main competitors include Dealroom, Intralinks, Merrill DataSite One, and Firmex. These alternatives offer similar virtual data room solutions for secure document sharing and collaboration during mergers and acquisitions.

  • Is Datasite Diligence legit?

    Yes, Datasite Diligence is a legitimate and secure platform for managing confidential documents during mergers and acquisitions. It's known for its robust security features and user-friendly interface, making it a safe choice for businesses.

  • How much does Datasite Diligence cost?

    Datasite Diligence does not publicly disclose pricing information. Contact their sales team for a customized quote based on your specific needs and the scope of your project.

  • Is Datasite Diligence customer service good?

    Datasite Diligence customers praise the readily available and helpful customer support team. Users highlight the quick response times and efficient problem-solving. While some find the login process cumbersome, the overall sentiment towards customer service is positive.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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