Merrill DataSite

When using the Merrill data room, what immediately jumps out is that it is intended for large enterprises who are engaged in extremely complex projects or transactions. This is reflected in their pricing plans. However, if you were hoping to try out the Merrill data room before buying a plan, there is no free trial available. Also, there are no live training available, so it is almost as if they want you to buy a super expensive product that has a lot of question marks surrounding it and without a flexible pricing plan, you could get locked into an expensive price that could really hurt the entire project.

The Merrill VDR has a long history dating back to 1967 and compliments other services that Merrill provides. The Merrill datasite will be able to take a load of handling content off your shoulders and delegate this responsibility to Merrill so that you can focus on all of the nuances that come with running your business. They do their absolute best to provide the best interaction and collaboration between both internal and external teams and this is really evident when having to handle complex projects that require a lot of data.

However, it appears that you would be able to enjoy all of the benefits that data room software in conjunction with other software that Merrill offers Bridge, Connect, and DPA. This really makes it much more expensive than other data room providers because the electronic data room is expensive all by itself, not to mention the abundance of other tools that you are forced to pay for, regardless of whether you will be needing them or not. Therefore, be sure to come up with a list of exactly what you will be needing besides a data room, then it would be better to shop for other virtual data rooms that will provide with the services that you actually need.

Also, customization is virtually nonexistent in the Merrill datasite. There are no custom domains, agreements for accessing the data room, active directory integration or integration through APIs. If you are fine with conforming to what Merrill offers, then there will not be any problems, but if you are looking to customize the data room or access it through an iOS or Android application you will run into many problems since these services are not supported.