Devensoft Reviews & Product Details

It's a great company helping with the acquisition and mergers. They offer a lot of different services and navigate the company employees with all possible tips and advice. The staff working there is super nice, polite and professional. They respond super quickly to all the requests and are sharing their experience throughout the whole process. I'd recommend them highly. Review collected by and hosted on G2.com.

I did not have any negative experiences on the collaboration with the Davensof staff. Maybe the only thing that I could improve on is to have more customised dashboards based on different data requests. Review collected by and hosted on G2.com.

Product was built from the ground up for the end-to-end M,A &D process with a clean and simple user interface to ease adoption in period of transformational change. The product covers all the bases to manage and report on the M&A program and individual deals, while providing a single source of truth for the deals. The integration of PowerBI Embedded to the reporting gives the teams on the ground the ability to design and produce reports as needed without having to engage Devensoft for custom services. Review collected by and hosted on G2.com.

there are not any elements of Devensoft that are disliked. As a frequent user, when opportunities to improve the tool arise, Devensoft is very open to receive the feedback and ideas. They partner well with us to design and implement improvements and engage us in their developmental roadmap planning to gather our input on priorities. Review collected by and hosted on G2.com.

Easy to use and very responsive to updates/modifications. Devensoft tool was very helpful on our M&A integration deals. The base tool was easy to use and we were able to get over 200 people up and running quickly. We were able to have all info and tracking in Devensoft so there was a single source of truth. Project managers could run teh day to day projects in the tool and execs could get the rolled up reports to monitor overall M&A progress Review collected by and hosted on G2.com.

Overall reporting was good, but would like more flexibility in format set ups and adjustments Review collected by and hosted on G2.com.

Devensoft allows us to automate many of our post merger integration activities, eliminating a lot of manual reporting and activities. Additionally, the cloud platform enables us to bring together our teams from all over the world in a seamless platform. Finally, from a data repository perspective, allows us to keep target information in the cloud for easy access at any time. Review collected by and hosted on G2.com.

Integration with data room services could be better. Right now, we typically have to navigate the various data room providers for the diligence process, then either manually input information through Devensoft or a Sharepoint application to do our own analysis, etc. Ideally, one could have seamless integration between the two sets of systems (since they are offering two distinct services) and further simplify workflow. Review collected by and hosted on G2.com.

The best part of Devensoft is that it links a target through the entire M&A process, from identification and lead mapping/scoring through to diligence (inclusive of a data room function) to project management within the PMI stage. Additionally, the document repository aids NDA, IOI/LOI collection and diligence documents. Reporting is relatively easy and the graphics are aesthetic enough for professional reporting. Review collected by and hosted on G2.com.

The main concern is that it's not the easiest to use - once you understand the order of operations it's seamless, but it's not intuitive. That said, the development staff is very responsive and acts quickly to update/upgrade the platform based upon user experience. So far, they've greatly enhanced its functionality in response to our guidance. Review collected by and hosted on G2.com.

We had solid processes in place prior to Devensoft, but did use a number of different tools for each of the various stages - pipeline, due diligence and integration. With Devensoft, we've been able to interconnect our processes and work even more efficiently. We have better visibility into our pipeline of opportunities, a streamlined due diligence plan, and seamless, detailed integration plan. Review collected by and hosted on G2.com.

The operational reports are not that relevant for our particular reporting needs, but we were able to create the custom reports required via Power BI that is embedded in the analytical reporting section. It took some time to setup, but the team at Devensoft did a great job supporting us and now our reporting is largely streamlined in Power BI. Review collected by and hosted on G2.com.

Devensoft’s digital, web based Acquisition pipeline and workflow management system was selected to manage our portfolio of acquisitions from origination through integration and has been of significant value to our company. Using this product has resulted in a standard web based tool providing better manage access rights for security and confidentiality, “one source of the truth” for pipeline management & reporting, document storage, multiple functions leveraging playbooks on integrations to document risk/issues/decisions, assigning owners, criticality and due dates, dashboard & summary views, to manage overall progress through go-live. In addition to the product benefits, the Devensoft team has been a true business partner, working with us to understand and meet our company’s solution requirements as our needs evolve. Which has been particularly important given we execute 30+ new acquisitions and divestitures per year. I would recommend Devensoft to any organization looking for an effective system to manage their acquisition activities from cradle to grave. Review collected by and hosted on G2.com.

Over the past few years using this product we have not experienced any real downside. Review collected by and hosted on G2.com.

The most exciting thing is the ability to customize tracking tool to meet your tracking processes, with DevenSoft Support we manage to create a tracking tool that 100% customized to our process. Review collected by and hosted on G2.com.

The only downside I faced was the lack of auto generated email that is link with due dates in the system Review collected by and hosted on G2.com.

Ability to have a single source of truth for all of our M&A activity. Streamlines our M&A processes to produce efficiency and effectiveness. Review collected by and hosted on G2.com.

Nothing specifc. All issues/questions are answered quickly by the Devensoft support team. Review collected by and hosted on G2.com.

Ease of use, ability to run multiple/complex programs and projects across numerous geographies. Ability to quickly roll up and break down plans. Ability to link documents, map dependencies, track risks and issues. Plus good visibility of financials, action status and management information. Good leadership/support team, keen to build strong ongoing partner relationships. Review collected by and hosted on G2.com.

Nothing. All our bespoke needs/requirements were supported/developed by Devensoft. Review collected by and hosted on G2.com.