Merrill Datasite


imgHeadquarters

USA

imgYear establish

1967

imgWebsite

merrillcorp.com


Best For
Medium and large businesses
Price Category
High Price, Premium Software
Free Trial
14 Days
Free Demo
Yes
Deployment
SaaS
Web
Cloud
Linux
Android
Windows
iOS
Training
Live Training
Webinars
Live Online
Documentation
In-person
Support
24/7/365
Local Centers
Live Chart
Email&Phone
Personal Manager


Merrill Datasite review

img 4.94/5.0
img -/5.0
img - /5.0

It is one of the oldest virtual data room providers out there. Of course, there are VDR brands that exist for much longer. But we still are always amazed by vendors that were created in the middle of the previous century. Unfortunately, most of them can’t compete with modern providers because old-fashioned ones often lack agility and the skill to follow the business world. However, that’s not the case with Merrill DatasiteOne. Before you start considering Merrill data room as a possible solution for your company, pay attention to the mission of this provider. It focuses on large enterprises that hold cumbersome deals. That’s why you will see plenty of huge Wall Street corporations among Merrill’s customers. And that’s why the price is higher than the average.

However, it doesn’t mean that if you have a smaller company, this provider is not for you. You can pick it if you feel like it fits the requirements, and the fee doesn’t seem too high for you. Merrill Datasite offers a free demo, and you should take advantage of it to see the service and all its features. It can help you to understand if this provider is really a correct choice.

Unlike the software of most old-fashioned vendors, Merrill virtual data room is packed with various features. Users can upload documents of any format, even archives. Their size can reach up to an incredible 50 GB per upload. Also, the manager of the data room can schedule when the document will be published, keeping it in a sandbox for a while. This software supports 11 languages and offers optical text recognition.

One of the features that Merrill highlights on its website is the search. But studying customer reviews, we have noticed that most of them are not content with it. They complain that it is not working as it should, making it impossible to find the required files. That’s a significant drawback because efficient document management heavily relies on the search function.

Things are much better in the collaboration department. Merrill offers the notification system that will alarm users about new files that were just uploaded. It allows parties to react quickly, accelerating the process. A Q&A section is enhanced with a setup wizard. With its help, the manager can create Q&A teams, categories and decision rights in no time. Also, the Q&A section has a dashboard that displays the status of inquiries. It helps to manage the questions and answers efficiently.

Reports are something Merrill is really proud of. They are beautiful and very informative. CEOs can receive many valuable ideas and data from these reports. And to get detailed analytics on the KPI of the deal, managers can create custom dashboards. All the reports and stats can be exported via email, in Excel or PDF.

The interface is highly intuitive and therefore, very easy to use. Customers are also satisfied with the aesthetics saying the desktop version of Merrill virtual data room looks great. Unlike the mobile interface, which many find unattractive.

Merrill Datasite Features

INDUSTRY LICENSE
Accounting
Banking
Bankruptcy
Biotech
Board Portals
Clinical Studies
Debt Financing
Distressed Real Estate
Document Repository
Due Diligence
Energy, Oil & Gas
Fundraising
Hedge Funds
IPO & Exits
Life Sciences & Pharmaceutics
Legal / Litigation
M&A Buy Side
M&A Sell Side
Post Merger
Private Equity
Procurement Management
Restructuring
SECURITY COMPLIANCE
AICPA SOC 1 Certified
AICPA SOC 2 Certified
GDPR Certified
HIPAA Certified
ISO/IEC 27001:2013
Privacy Shield
SSAE 16 Certified
DATA PROTECTION FEATURES
256-Bit SSL/TLS Encryption
Access Expiration
Access Limitation by IP
Custom Access Agreements
Customer-Managed Encryption Keys
Data Backup
Digital Watermarking
Granular Document Permissions
Integrations Through APIs
Multiple Datacenter Locations
Permission User Groups
Prevention of Download and Copy
Secure Fence View
Single Sign-On Integration
Two-Factor Authentications
View-Only Access
Virus Scanning
EASE OF USE
Archives Upload & Extraction
Desktop Synchronization
Document Version Control
Drag & Drop Upload
Files & Folders Indexing
Mobile Device Management
Multilingual Documents Index
No Plugins
Optical Character Recognition
Scroll-Through Document Viewer
Web-Based Spreadsheets Viewer
ACTIVITY TRACKING
Document Viewing Time
Exporting Reports to Excel
Real-Time Audit Trail
Tracking of All User Activity
User Reports
QUESTIONS & ANSWERS
Advanced Q&A Module
Basic Q&A Module
Email Notifications
Files & Folders Notes
Secure User Messaging
CUSTOMIZATION
Branded User Interface
Custom Domain
Custom Login Page
Custom User Invitation Letter
Custom Workflows and Features
FREE TRIAL & PRICING
Free Demo
Free Trial
Price
Several Tariff plans pricing
Individual approach pricing
COMPANY INFO
Established1967
HeadquartersUSA
Websitemerrillcorp.com