Datasite Diligence Virtual Data Room vs. M‑Files

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Datasite Diligence Virtual Data Room
Score 9.1 out of 10
N/A
Datasite Diligence is a sell-side virtual data room offering rigorous security and seamless collaboration. Users can categorize and redact with AI, track tasks, answer questions, and analyze progress.N/A
M‑Files
Score 8.9 out of 10
N/A
M-Files is a platform for knowledge work automation. M-Files helps knowledge workers to find information faster, work smarter, and achieve more. M-Files features a metadata-driven architecture, embedded workflow engine, and advanced artificial intelligence that enable customers to eliminate information chaos, improve process efficiency, and automate security and compliance. By embedding automation and GenAI into its core, M-Files' platform not only increases efficiencies…N/A
Pricing
Datasite Diligence Virtual Data RoomM‑Files
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Datasite Diligence Virtual Data RoomM‑Files
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Datasite Diligence Virtual Data RoomM‑Files
Considered Both Products
Datasite Diligence Virtual Data Room
Chose Datasite Diligence Virtual Data Room
Datasite is much better than any of its competitors - it has a more sleek, interactive, and easier interface than the other providers, and is an overall much more efficient platform than the rest. From using Datasite on both the sellside and buyside, I can confidently say it's …
Chose Datasite Diligence Virtual Data Room
Our primary VDR provider is Firmex. We like its UX, pre-post customer care experience, and overall ease of usability.
Chose Datasite Diligence Virtual Data Room
The indexing, file structure and document viewing are better in Datasite than each of the others. It's also easier to download or open documents in a new tab (vs. in browser) and easier to search and do targeted bulk downloads in Datasite.
Chose Datasite Diligence Virtual Data Room
Some things are more efficient on Datasite
Chose Datasite Diligence Virtual Data Room
Much easier to navigate folders and data within the specific projects. The data rooms mentioned above sometimes only allow for one download at a time which significantly bogs down our team members. Datasite does a great job of allowing users to quickly review and download data …
Chose Datasite Diligence Virtual Data Room
similarly convenient UI
Chose Datasite Diligence Virtual Data Room
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.
Chose Datasite Diligence Virtual Data Room
Datasite Diligence Virtual Data Room was more user friendly
Chose Datasite Diligence Virtual Data Room
Datasite is far superior in UX and usability. It is also much faster. Overall, it is a far better solution. I can't think of anything that DFIN does better.
Chose Datasite Diligence Virtual Data Room
Datasite Diligence Virtual Data Room is much better in terms of an interface — very way to use which saves a lot of time. The biggest advantage is permissioning and the ease of doing that. Personally, have made much more mistakes with the other solutions due to complicated …
Chose Datasite Diligence Virtual Data Room
The 'structure' on Datasite Diligence Virtual Data Room is more organized and easier for viewers and use.
Chose Datasite Diligence Virtual Data Room
Those are way harder to navigate, worse UI, slower, etc.
Chose Datasite Diligence Virtual Data Room
Datasite Diligence Virtual Data Room is comparatively cheaper as compared to Intralinks.
Chose Datasite Diligence Virtual Data Room
It is much easier using Datasite Diligence Virtual Data Room to navigate subfolders. I like how Datasite Diligence Virtual Data Room allows you to look through folders using the table of contents on the left side compared Intralinks which doesn't have that feature.
Chose Datasite Diligence Virtual Data Room
Intralinks is a bit less user friendly.
Chose Datasite Diligence Virtual Data Room
Ansarada
Chose Datasite Diligence Virtual Data Room
There is not really our decision to choose Datasite Diligence Virtual Data Room rather than other services provides, since Client / Target hire Datasite Diligence Virtual Data Room.
Chose Datasite Diligence Virtual Data Room
They are all very similar. Straightforward use case. The most important factor is price. We usually go with the cheapest option of the same vendor as the client. No site has a better function than the other. The sites and data rooms all work as intended to help manage the M&A …
Chose Datasite Diligence Virtual Data Room
Datasite Diligence Virtual Data Room is more sophisticated as a platform and offers more functionality in terms of features. Although more functional and advanced, Ansarada was a smaller platform that was cheaper and easier to use due to its' simple nature. Price point was also …
Chose Datasite Diligence Virtual Data Room
Actually, Datasite Diligence Virtual Data Room was chosen by our clients / transaction parties, rather us. We are users of Datasite Diligence Virtual Data Room as they were assigned to us. Sometimes we also use our firm databases for due diligence. Datasite Diligence Virtual …
Chose Datasite Diligence Virtual Data Room
I always prefer Datasite Diligence Virtual Data Room because of the user interface and ease of use. It provides the most seamless experience out of all of them and removes any concerns that the data room will cause us any challenges in the process.
Chose Datasite Diligence Virtual Data Room
I think Intralinks is the closest competitor. Relative to the rest of the providers (outside of Intralinks), Datasite Diligence Virtual Data Room is easier to use and more reliable.
Chose Datasite Diligence Virtual Data Room
Datasite Diligence Virtual Data Room is much better than SS&C Intralinks DealCentre because it is easier to use and better customer service.
Chose Datasite Diligence Virtual Data Room
Datasite Diligence Virtual Data Room is the clear leader in virtual data rooms. Its tracking and update features are top notch. Other sites do not have the same functionality.
M‑Files
Chose M‑Files
M-Files provides an easier way of managing document that is needed for any organization and the integrations to other systems makes life easier when there needs migration of the documents to M-Files.
Chose M‑Files
I have no experience with similar products.
Chose M‑Files
Configuration of general access vs Libraries and silos of data makes this such an easier application to use. Especially when it comes to workflows and security and then support of that configuration.
Chose M‑Files
Microsoft Sharepoint is not very flexible in my opinion. Mass changes are not easy to carry out. Microsoft Teams data is too much. I can't keep up with all the Microsoft Teams groups I'm in.
Chose M‑Files
We selected it because it is having out of box integration capabilities to connect with M-Files. We are using M-Files already as a content management system and we were lacking the feature of document sharing. With Hubshare now this gap has been filled.
Chose M‑Files
Free metadata - the capability to build own solutions - way ahead of any competitive products.
Chose M‑Files
M-Files delivers best-in-class search capabilities. It simply devastates the competition when used even half-way correctly.
Chose M‑Files
Document handling is much easier as in Sharepoint. We select M-files because its metadata model fits our needs better, and it is easier to use than Sharepoint. You can customize metadata easily and fast.
Chose M‑Files
M-Files is with totally unique features from these solutions, one of major is all these solutions have folder structure where M-Files has content based structure. Secondly one of major features is that it enables integration with filters to search within Drawing Documents, most …
Chose M‑Files
We demoed 3 different tools, and our user group unanimously chose M-Files over the others for its user-friendly interface.
Chose M‑Files
We chose M-Files because they have a very high capterra.com rating, a large install base, and excellent Gartner ratings.
Chose M‑Files
The customization ability seemed to be a level above and easy to navigate and available options are constantly being reinvented. We have used OnBase for years and now desire to move away from this option for a number of reasons.
Chose M‑Files
I've compared recently with Box, but they still predicate their storage on WHERE instead of WHAT, which means if it isn't in a specific folder, you won't find it. Some documents may relate to multiple projects. In M-Files instead of putting a copy of a file in many folders …
Chose M‑Files
This is a good choice for any organization.
Chose M‑Files
M-Files is a great ECM platform that has many of the bells and whistles companies are looking for for a casual and easy to use enterprise content system.
Chose M‑Files
They have closer functions, but in my opinion, M-Files has many more features for document handling. Only GreenDocs has more capabilities related to Engineering, and if your company needs a solution for this area, this would be the best application. M-Files supports more …
Chose M‑Files
M-Files' pricing and strong feature set helped to make the decision.
Best Alternatives
Datasite Diligence Virtual Data RoomM‑Files
Small Businesses
M‑Files
M‑Files
Score 8.9 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.1 out of 10
Medium-sized Companies
M‑Files
M‑Files
Score 8.9 out of 10
MSB Docs
MSB Docs
Score 9.4 out of 10
Enterprises
M‑Files
M‑Files
Score 8.9 out of 10
Tungsten Capture
Tungsten Capture
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Datasite Diligence Virtual Data RoomM‑Files
Likelihood to Recommend
9.0
(0 ratings)
9.9
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
9.9
(0 ratings)
Usability
8.1
(0 ratings)
8.2
(0 ratings)
Availability
9.1
(0 ratings)
9.1
(0 ratings)
Performance
9.1
(0 ratings)
9.1
(0 ratings)
Support Rating
9.1
(0 ratings)
8.0
(0 ratings)
Online Training
-
(0 ratings)
9.1
(0 ratings)
Implementation Rating
-
(0 ratings)
8.2
(0 ratings)
Configurability
-
(0 ratings)
9.6
(0 ratings)
Product Scalability
9.1
(0 ratings)
10.0
(0 ratings)
Vendor post-sale
9.1
(0 ratings)
7.0
(0 ratings)
Vendor pre-sale
9.1
(0 ratings)
7.0
(0 ratings)
User Testimonials
Datasite Diligence Virtual Data RoomM‑Files
Likelihood to Recommend
Datasite is well suited for organizing large quantities of a variety of documents into folders. It is not as well suited for Xcel, which generally requires downloading in order to review, but there are quick preview options for Word and PDF items.
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M‑Files is great for companies with multiple locations. Drive letters can become cumbersome to use and collaborate with colleagues and M‑Files fills that gap. The check out/check in system is great and allows only one editor at a time. This can be good and bad depending on the situation.
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Pros
  • Quick preview of document content is something I love! It lets me decide whether the file is relevant to our purposes or not instantly.
  • Navigating through the folders is also very easy, and the website is also responsive without any lag/stutter.
  • Although I don't use the feature due to confidentiality reasons, quick translate option is a really great addition to the tool.
  • Many datarooms can only show excel documents as PDFs for a quick preview. I like the way Datasite Diligence Virtual Data Room has Excel online handler to view the file. This is so helpful!
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  • Version control and history tracking on documents.
  • Search ability to filter content for a team, creator, or another property.
  • Permission control, limit access to documents to read or edit, or only specific workflow states.
  • Administrative control to access all content.
  • Administrative control to restore deleted content.
  • Administrative control to audit and retag content when needed.
  • Robust workflow capabilities.
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Cons
  • Ability to follow-up to closed Q&A answers without creating new question (i.e. seller marked Q&A as closed when it doesn't address your request)
  • Links to Q&A response notification emails do not work from the PC, they only work from the mobile app
  • Ability to download PDF files from mobile app
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  • More user friendly customization options that do not require knowledge of coding/scripting. For example, prompting the creation of a new document from a template in a workflow.
  • When using the 'insert property' feature in a Word doc, I would love to convert dates from a mm/dd/yy format to be written out (such as September 21, 2018). Or possibly even just to pull the year or the month from a selected date to insert into a document.
  • I've often wished that I could find more detailed tutorials online for some features.
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Likelihood to Renew
It is my go to data room provider and I am super comfortable using it. I don't think I would want to use anything else since I can't trust them like I can trust Datasite
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M-files meets our almost all needs, we dont have other option to replace m-files. it saves lots, like Hardware because of Vault Feature means we can create many vaults (mini-servers) in m-files in other solutions we need more hardware for more installations.
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Usability
Tough to figure out at first but after using the platform for some time, you can get used to Datasite Diligence Virtual Data Room pretty quickly. Would be great to have more of a tutorial up front to better be able to navigate the software, especially starting off as the data dealt with is sensitive.
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It is a powerful system that can locate content fast and effectively. The system takes quite some time to setup initially. It can be hard for M-Files support to know how businesses operate and how they want to use the system in a way that works for them. The customization makes it great for companies to cater to their own needs. Once the system is set up in a way that makes sense for the business, the user experience is positive. There is room for improvement in the notifications, workflow, and support areas.
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Reliability and Availability
Great customer service and prompt responses to requests.
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always there.
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Performance
Files download and upload very quickly.
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I noticed some lagging with the integration with Microsoft Office but not so much that I would not use it. It has gotten better with updates. to be fair the issues were when Office 2013 first came out.
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Support Rating
Customer service has always solved my issues in a relatively short period of time.
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Usually when I need help from them I got support and it was very good and focused to solve my problem. I didn't have so many problems, but when used it worked. I just would like to have a support in my native language, but I can understand that sometimes is hard for the companies.
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In-Person Training
No answers on this topic
We had online conference call training with a recording to use later as needed
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Online Training
No answers on this topic
They answer all questions and record your training for later use.
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Implementation Rating
Excellent product and resource.
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The key insight is that the most important thing is to have a open mind. The application is easy to use, but if you have a company with different views and it is not aligned could be a huge problem. So the company transformation is required together with the application. Ensure to use as much as possible the capabilities of the application helps to have best ROI.
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Alternatives Considered
I think Intralinks is the closest competitor. Relative to the rest of the providers (outside of Intralinks), Datasite Diligence Virtual Data Room is easier to use and more reliable.
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I've compared recently with Box, but they still predicate their storage on WHERE instead of WHAT, which means if it isn't in a specific folder, you won't find it. Some documents may relate to multiple projects. In M-Files instead of putting a copy of a file in many folders (thus having many copies) you can build out the relationships, so there is only 1 copy of a document which prevents multiple "originals" from being developed separately.
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Scalability
There is a bulk download, and it appears there is a bulk upload which makes it easier to get multiple files onto the platform when needed.
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do so much more than we need but has all the stuff we do need.
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Return on Investment
  • Allows my organization to quickly identify new data that has been uploaded in order to quickly communicate status to clients.
  • No limits on number of files or file sizes which make it a great tool for any deal, large or small.
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  • The price we pay for M-Files is about one third less than the price that we were paying our previous vendor plus we have a custom-built amazing dependable system with great support.
  • From a compliance and legal standpoint, our policies are always available to end users including easy access to previous versions.
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ScreenShots

Datasite Diligence Virtual Data Room Screenshots

Screenshot of Mobile - To keep things moving while on the goScreenshot of Analytics - For tracking deal progress from every angleScreenshot of Q&A - Bringing order to a cumbersome processScreenshot of Redaction - For redacting (and unredacting) with confidenceScreenshot of Search / Artificial Intelligence (AI) - Transforms data into actionable informationScreenshot of Trackers - Consolidate Excel checklists

M‑Files Screenshots

Screenshot of M-Files - SearchScreenshot of M-Files - Profile openScreenshot of M-Files - PermissionsScreenshot of M-Files - Process mapsScreenshot of M-Files - Pinned items