DealRoom vs. Devensoft

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
DealRoom
Score 8.1 out of 10
Mid-Size Companies (51-1,000 employees)
DealRoom in Chicago offers their flagship application to support due diligence in data exchange related to deals between organizations and entities (notably mergers and acquisitions) with automation, risk detection via request tracking, easy document location, all under the auspices of compliant and controlled information transaction rules.
$1,000
per month (billed annually)
Devensoft
Score 0.0 out of 10
N/A
Devensoft helps strategic business leaders who understand the importance of realizing deal value quickly by centralizing and securing their M&A journey.​ The solution supports the deal success of organizations with transparency, priorities, and progress embedded into the fabric of all strategic initiatives.​ Key Features, M&A Pipeline Management Purpose-built pipeline visibility and control: Track targets and deals in…N/A
Pricing
DealRoomDevensoft
Editions & Modules
DealRoom Pipeline
$1,000
per month (billed annually)
DealRoom Diligence
$1,250
per month
DealRoom Integration
$7,500
per year per project
DealRoom M&A Platform
Contact Sales
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Offerings
Pricing Offerings
DealRoomDevensoft
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup fee$3,000 one-time fee per installation
Additional Details
More Pricing Information
Community Pulse
DealRoomDevensoft
User Ratings
DealRoomDevensoft
Likelihood to Recommend
9.2
(0 ratings)
-
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
-
(0 ratings)
Usability
9.1
(0 ratings)
-
(0 ratings)
Support Rating
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
DealRoomDevensoft
Likelihood to Recommend
In my experience, I found it to be great for project and task management. When something comes up for me to work on, I am assigned a task with all of the necessary information, e.g. resources, description, and urgency. I work remotely so it has made staying connected and informed easy and efficient
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Pros
  • 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.
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Cons
  • 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.
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Likelihood to Renew
DealRoom is very easy to use and has a clear interface and all the features we needed.
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Usability
It was the most intuitive data room platform that i used in my work
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Support Rating
Support is very friendly and answers fast.
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Alternatives Considered
DealRoom has a much better interface and a much faster download features. While most VDRs have the same features, the little improvements in UX and navigation go a long way to ensure that the users are happy and their time is saved. I didn't really select DealRoom. It was the Firm's decision
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Return on Investment
  • 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.
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ScreenShots

Devensoft Screenshots

Screenshot of a Kanban board for custom views of the M&A deal pipeline.Screenshot of a configurable summary page for details needed to get the deal done fast.Screenshot of the Activity Map,  providing project management functionality to help orchestrate the deal to close.Screenshot of a program to align teams post signature for integrations or divestitures.Screenshot of a package to run plays and replicate success across the M&A deal cycle.Screenshot of the Due Diligence package, with a due diligence portal to streamline the back and forth with sellers.