Datasite Review – Datasite Data Room Features

Datasite is a reputable virtual data space that is equipped with powerful tools that can help companies close deals faster. It offers a robust support system that enables customers to reach representatives via chat, email or phone in up to 14 languages.

DataSite provides a cloud-based service that assists due diligence and assists investment bankers, M&A professionals and law firms close deals through folder indexing and file organization, as well as simple document retrieval. DataSite has access control that is granular, allowing administrators to control who can access and edit files. The platform’s redaction feature automates due diligence by automatically identifying sensitive information by its redaction of text and images.

Data encryption is available both in the process of transport and in rest. A vulnerability assessment tool allows independent professionals to test the security of the platform. Datasite is HIPAA-compliant and operates in an accredited ISO 27001 environment. Its staff undergoes regular training on security standards and annually affirms their code of conduct and confidentiality agreement.

Datasite’s impressive capabilities have led industry analysts to recognize it as one of the top data rooms. It is used by a wide range of companies, including financial services, legal services oil and energy, banking as well as pharmaceuticals and healthcare and her explanation technology sectors. It features a user-friendly interface which allows users to upload documents and arrange them into directories. The drag-and drop and intelligent file uploading capabilities reduce the time needed to create an information room.

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