Digify Data Room Review

digify data room logo
Capterra:
4.9
G2:
4.7
Software Advice:
4.9

What is Digify Data Room?

When such tasks as audits, M&A, or due diligence appear on the horizon, business owners get mesmerized: there are so many documents to share and manage that it seems to be a Herculean task. However, a secure data room can help to solve numerous issues in a jiffy. Such data room as Digify provides a myriad of functions, but mainly serves to store, manage and share mission-critical business materials during important processes. Thanks to virtual data room services, you can also:

  • Organize collaboration among your employees and with third parties.
  • Set up the level of access for users depending on their role.
  • Make sure that your files are stored in a safe environment without risks of a security breach.
  • Have documents synchronized in real time
  • Provide access to your files for the team whenever and wherever they need it. Most platforms support Android and iOS mobile devices, as well as Linux, Mac, and Windows

Key features of Digify data room

Being a top-rated secure data room Digify offers a myriad of options for customers, including:

  1. Use of watermarks for ownership protection;
  2. Setting up separate passwords for each document;
  3. File importing from GoogleDocs, Box, and Dropbox;
  4. One-click file uploading from computers and mobile devices;
  5. Real-time tracking and notifications about document updates and new files;
  6. Restriction of forwarding;
  7. File statistics.

All that makes Digify the best data room for M&A, due diligence, and other business tasks.

The advantages and disadvantages of Digify data room

Want to figure out whether Digify data room is suitable for your business? Consider its merits and drawbacks.

ProsCons
Agreeable pricing policy.Users cannot set up anonymity which decreases the security level.
100 Gb of storage provided – enough to store all corporate materials.No document tagging which complicates the search.
Supports all platforms (iOS, Mac, Windows, Linux, Android)No management tools for procurement and projects.
the data room customer service is available 24/7.A small number of features for collaboration.
Some video and image formats are not supported.

Digify is a virtual data room that would be suitable for business of any scale – it’s perfect for storing and sharing confidential information. However, if you put a heavy focus on collaboration, probably, you need another platform.

Digify Data Room features:

Features Digify Data Room

Industry Solutions

Board Portals
Document Repository
Due Diligence
Fundraising
Litigation
M&A Buy Side
M&A Sell Side
Private Equity
Bankruptcy
Biotech Licensing
Clinical Studies
Debt Financing
IPO & Exits
Restructuring

Files & Folders Management

File Formats Supported: MS Office document formats, pdf, txt, pub, rtf, html, mht, jpg, jpeg, jpe, gif, bmp, png, wmf, flv
Automatic Numerical Indexing of Files & Folders
Drag & Drop Upload of Multiple Files and Folders
Export of Data Room Index to Excel
Archives Upload & Extraction
Document Version Control
Multilingual Documents Index

File Protection & Digital Rights Management

Customizable Document Watermarks
Document Access Expiry
256-Bit SSL/TLS Encryption
Granular Document Permissions
View-Only Access
Prevention of Download, Print and Copy
Remote Shredding of Documents
Secure Fence View

Data Hosting

Data Backup
99.9% Uptime Guarantee
ISO 27001 Certified
SOC 2 Certified

Access Security

Two-Factor Authentications
Mobile Device Management
Granular User Permissions
Permission Groups
Access Expiration
Access Limitation by IP Address

Accessibility & Ease Of Use

iOS Application
Android Application
Mobile Device Interface
User Interface Languages:
No Plugins
Scroll-Through Web-Based Document Viewer

Search, OCR & Filters

Search by Name
Search by Content (Full Text Search)
OCR (Optical Character Recognition)
Filtering by Parameters

Collaboration Features

Basic Questions & Answers Module
Secure User Messaging
New Document Email Notifications
Files & Folders Notes
Advanced Questions & Answers Module

Activity Tracking & Reporting

Graphic Reports
Tracking of Document Viewing Time
Tracking of All User Activity
Real-Time Audit Trail
Scheduled Reports (Sending to Email)

Customization

Branded User Interface
Custom User Invitation Letter
Custom Agreements for Accessing Data Room
Customer-Managed Encryption Keys
Custom Login Page
Single Sign-On Integration
Integrations Through APIs

Support & Services

Business Hours Support
24/7 Email Support
Online Help Center
Dedicated Project Manager
Support Languages: English, German, French
24/7 Phone & Email Support
Live Trainings
Data Room Archive on DVD or USB Drive
Translation Services

Deployment Options

Cloud (Web-Based)
On-Premise (Installed)
Multiple Datacenter Locations

Trial & Pricing

Free Trial:
Price: 7-Day Trial

Company Info

Established: 2011
Locations: United States
Employees: 25
Clients:
Assistant in choosing a virtual data room provider