Datasite is an AI and data company for mergers and acquisitions (M&A), differentiating itself with a single platform to source deals, manage pipelines, streamline diligence and connect with other dealmakers. The company’s clients span investment banking, private equity, legal, corporate development and boards of directors. With headquarters in Minneapolis and locations on five continents, Datasite serves users from over 180 countries.

Since its founding in 1969 as Merrill Corporation, the company has evolved from offering financial printing and communications services to focus solely on its M&A SaaS solution. Renamed Datasite in 2020, the company continues to evolve to provide innovative tools for dealmakers to utilize AI and data to drive faster, smarter outcomes.

Why Datasite needed credit and collections automation

When Datasite began seeking a collections solution in 2012, it faced significant challenges in its global practices. Teams struggled with workflow inefficiencies and lacked comprehensive visibility into customer accounts. Building a business case for IT resources and securing budget approval presented additional obstacles.

Improving accounts receivable visibility with automated workflows

Datasite selected FIS® GETPAID after consulting references who highlighted the product's user-friendly interface designed specifically for credit and collections. Knowledgeable professional service teams, a dedicated account manager and access to product upgrades and new features were key factors in Datasite's decision to choose GETPAID.

Pairing technology with expertise has been transformative for Datasite's collections operations. FIS supported the business case by providing cost estimates and delivering the project on time. Additionally, during Datasite's ERP transition, the FIS professional services team assisted with remapping fields and customer numbers to ensure continuous operations.

“We had the project manager onsite to work through the implementation and brought them back onsite for go-live training,” explained Karrie Lynch, Director of Credit & Collections at Datasite. “This was a huge win in terms of support.”