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Peony vs Intralinks

Same data-room security.No per-page fees. No AI upsell.

SS&C Intralinks is a legacy VDR built for Fortune 1000 investment banks. Peony gives you the same security with AI-powered features on the Business plan, transparent pricing, and instant setup — without per-page charges, surprise overages, or weeks of onboarding.Set up in under 5 minutes. No credit card required.

No credit card required

Side-by-side comparison

SS&C Intralinks VDRPro is a legacy enterprise VDR with per-page pricing, AI as a paid add-on, and no page-level analytics. Peony is a modern data room with transparent pricing and everything included.

Feature
PeonyPeony
Intralinks
Full-feature plan
$40/admin/mo
$25,000+ per deal
Self-serve signup
Instant
Sales call required
Setup time
Under 5 minutes
Days to weeks
Data rooms
Unlimited
Per-deal pricing
Page-by-page analytics
Included
Not available
Screenshot protection
Active blocking
Viewer DRM only
Dynamic watermarks
Included
Available
AI document chat
Included
Separate product (extra cost)
NDA gating
Built-in
Custom setup required
E-signatures
Built-in
DocuSign integration (extra cost)

Why teams switch from Intralinks to Peony

Intralinks was built for a pre-cloud era of banking. Mid-market deal teams need faster setup, transparent pricing, and AI that works out of the box — not a legacy platform with surprise overages and AI as an add-on.

No surprise overages

Intralinks uses per-page pricing ($0.40–$0.85/page) with storage overages, duration extensions, and user fees that can push a deal 10x over the initial quote. Peony charges per admin per month with no hidden fees.

5-minute setup

Intralinks requires a sales call, custom quote, contract negotiation, and multi-week onboarding. Peony lets you create a data room in under 5 minutes with self-serve signup — no sales process.

AI included, not upsold

Intralinks sells AI features through a separate DealCentre AI product with its own pricing. Peony includes AI document chat, Smart Q&A, AI Rooms, and auto-indexing on the Business plan at $40/admin/mo — no per-feature upsells.

Page-level analytics

Intralinks shows document-level access logs. Peony provides page-by-page analytics showing exactly which pages buyers read, how long they spent, and what they focused on — giving you real-time deal intelligence.

Pricing comparison

Peony gives you a full-featured data room with AI, analytics, and advanced security — at a fraction of what Intralinks charges per deal.

Peony

Peony

Business

$40/admin/mo

Unlimited storage — data rooms, AI, full security

Pro

$20/admin/mo

200 GB — e-signatures included

Free

$0

2 GB — for evaluation

Business includes data rooms, AI chat, screenshot protection, watermarks, NDA gating, and custom branding. No per-page fees on any plan.

Intralinks

Per-page pricing

$0.40–$0.85/page

Mid-market deal = $25K+ in fees

Enterprise

Custom

Contact sales required

No free tier. No page-level analytics. AI is a separate paid product. E-signatures require DocuSign subscription. Per-page overages, duration extensions, and 10% annual uplift common.

When to use each platform

Intralinks is built for Fortune 1000 banks running billion-dollar transactions with dedicated project managers. Peony is the modern alternative for deal teams that want fast setup, transparent pricing, and AI included on the Business plan.

Choose Intralinks when you need

A legacy VDR vendor pre-approved by Fortune 1000 compliance teams

Billion-dollar transactions with dedicated project managers and 24/7 phone support

Information Rights Management (IRM) that persists after document download

Budget is not a constraint and speed is not a priority

Peony

Choose Peony when you need

A data room you can set up in minutes for fundraising, M&A, or due diligence

Transparent pricing with no per-page fees, no surprise overages, and no sales calls

AI document chat and Smart Q&A on the Business plan — not sold as a separate product

Page-by-page analytics to track exactly what investors and partners read

Screenshot protection and dynamic watermarks to prevent document leaks

Built-in e-signatures without a separate DocuSign subscription

What Peony gives you that Intralinks does not

Page-by-page analytics

Know exactly what your recipients read

Intralinks provides document-level access logs — who opened a file and when. Peony goes deeper with page-by-page analytics: time spent on each page, scroll depth, and visitor details. See which sections of your pitch deck investors focus on most.

Peony Page-by-Page Analytics
Screenshot protection and dynamic watermarks

Stop document leaks before they happen

Intralinks offers viewer-level DRM that blocks downloads and printing, but has no active screenshot protection with forensic watermarking. Peony blocks screen captures and stamps every page with the viewer's identity — so if a document leaks, you know exactly who shared it.

Peony Screenshot Protection and Dynamic Watermarks
AI document chat

AI included on the Business plan — not sold separately

Intralinks sells AI features through a separate DealCentre AI product with its own pricing and contract. Peony includes AI document chat on the Business plan — buyers, investors, and partners ask questions about your data room and get instant, cited answers 24/7. Diligence that used to take weeks can happen in days.

Peony AI Document Chat

Screenshot protection

Block screen captures of sensitive documents. Intralinks offers viewer-level DRM but no active screenshot blocking with forensic watermarking.

Built-in e-signatures

Sign NDAs and agreements without leaving Peony. Intralinks requires a separate DocuSign subscription — adding cost and friction to every deal.

NDA-gated access

Require viewers to sign an NDA before accessing your data room. One click, legally binding, built directly into the viewer flow.

Page-level analytics

Track which pages recipients read, how long they spent, and where they stopped. Intralinks provides document-level access logs but no page-level engagement data.

Smart Q&A workflows

Counterparties submit questions, AI drafts answers from your documents, your team reviews and approves. Structured deal communication at scale — included, not upsold.

AI room completeness

AI scores your data room for completeness and flags missing documents before you go live. Never launch a data room with gaps again.

Frequently asked questions

I'm a VP at a mid-market bank running 3 sell-side mandates in the $50M-$200M range — is Peony a viable Intralinks alternative?

Yes. For your $50M-$200M mandates, Peony Business ($40/admin/month) gives your deal team the same capabilities as Intralinks VDRPro — organized data rooms with granular buyer-group permissions, full audit trails, dynamic watermarks, and structured Q&A — plus AI document chat, Smart Q&A, AI Rooms with completeness scoring, screenshot protection, built-in e-signatures, and page-by-page analytics that Intralinks does not include by default. Intralinks requires a sales call, custom quote, and multi-week onboarding with per-page fees that push your mid-market deals to $25,000+ per room. Your team can set up a Peony data room in under 5 minutes with no sales process — the kind of speed that matters when you win a mandate on Tuesday and the client wants a room by Friday.

Our 3-person firm spent $50,000 on Intralinks last year for two $100M sell-side deals — how does Peony pricing compare?

Peony Business is $40/admin/month — so your 3-person team pays $120/month for unlimited data rooms with AI document chat, Smart Q&A, screenshot protection, dynamic watermarks, NDA gating, and custom branding. That is $1,440/year versus your $50,000 on Intralinks — a 97% cost reduction with no per-page, per-viewer, or per-deal fees. Intralinks charges $0.40-$0.85 per page with hidden costs for storage overages, duration extensions, and additional bidder groups. One documented case showed an initial $3,800 Intralinks quote ballooning to $38,168 after overages. For your two $100M sell-side mandates, Peony eliminates that pricing uncertainty entirely.

We run sell-side diligence with 15-20 bidders on a $150M process with separate buyer groups — can Peony handle that like Intralinks VDRPro?

Yes. For your $150M process with 15-20 bidders, Peony Business ($40/admin/month) supports separate buyer-group permissions so each bidder only sees their authorized materials, NDA gating with built-in e-signatures, dynamic watermarks that trace any leak back to the viewer, and controlled redaction to black out sensitive figures before sharing with early-stage bidders. Your bidders also get AI document chat for instant cited answers from your CIM 24/7, and Smart Q&A manages the volume of buyer questions a 15-20 bidder process generates. Intralinks handles the same workflow but charges per-page fees that compound with your document volume — for a 3,400+ page data room on a $150M deal, that adds up to $25,000+ before overages.

My 4-person banking team just won a $70M mandate and the client wants the data room live by Friday — how fast can we set up Peony versus Intralinks?

Your team can have a Peony data room live in under 5 minutes — median setup time is 4 minutes 19 seconds. Sign up, create your room, drag in your CIM and diligence files, configure buyer-group permissions and NDA gating, and share a branded link. For your $70M mandate with a Friday deadline, that is same-day delivery versus Intralinks' sales process, contract negotiation, and multi-week onboarding. Peony Business ($40/admin/month) includes everything your team needs — AI document chat, screenshot protection, watermarks, and page-level analytics — with no sales call required.

We're running a $180M cross-border auction with bidders in 5 jurisdictions — does Peony offer stronger security than Intralinks?

For your $180M cross-border auction, Peony Business ($40/admin/month) includes screenshot protection that blocks screen captures of your CIM and financial models across all five jurisdictions — going beyond the viewer-level DRM that Intralinks offers. Dynamic watermarks stamp every page with each bidder's identity, and NDA gating requires signed agreements before any counterparty accesses your room. Peony also provides built-in e-signatures without requiring a separate DocuSign subscription, and page-by-page analytics showing which bidders in which jurisdictions are seriously engaged. Intralinks charges per-page fees that scale with your document volume across multiple jurisdictions, and DealCentre AI is a separate paid product — making security and AI upsells rather than defaults.

Our team handles 70+ buyer diligence questions per deal on $80M-$200M mandates — what AI features does Peony include that Intralinks charges extra for?

For your $80M-$200M mandates, Peony Business ($40/admin/month) includes four AI capabilities with no per-feature upsells: AI document chat so your bidders get instant cited answers from your CIM without emailing your deal team, Smart Q&A where your counterparties submit questions and AI drafts responses for your team to approve, AI Rooms that score your data room's completeness against standard M&A checklists, and auto-indexing with OCR across every file. Your team's 70+ weekly questions go from a manual burden to an AI-assisted workflow. Intralinks offers AI through DealCentre AI, but it is a separate product with its own pricing — another line item on an already opaque invoice that your firm does not need for deals under $200M.

I'm evaluating VDRs for our PE fund's $100M-$300M deal pipeline — is Peony or Intralinks better for mid-market M&A?

For your $100M-$300M pipeline, Peony is purpose-built for mid-market deal teams. Intralinks was designed for bulge-bracket banks running billion-dollar transactions with dedicated project managers and IT support — capability your fund does not need and should not pay for on sub-$300M deals. Peony Business ($40/admin/month) delivers the same security with AI-powered Q&A that reduces your team's buyer information requests, screenshot protection, page-level analytics showing which bidders are seriously engaged, and built-in e-signatures — all without per-page fees or multi-week onboarding. For your fund's annual deal volume, that is $480-$960/year versus $50,000+ on Intralinks.

We have 2 active deals averaging $90M each on Intralinks moving from Phase 1 to Phase 2 diligence — can we migrate to Peony between phases?

Yes. Your team can complete the Intralinks-to-Peony migration in a single session between phases. Upload your Phase 2 documents to a Peony data room, set buyer-group permissions, configure NDA gating and dynamic watermarks, and share branded links with your counterparties. For your two $90M deals, the transition eliminates Intralinks' per-page fees that compound as you add Phase 2 diligence documents — avoiding the storage overages and duration extensions that inflate costs mid-deal. Your bankers, bidders, and legal counsel need zero training, and your deal calendar stays on track with no multi-week onboarding delays.

Compare other data room providers

Looking for the best data room for private equity? Read our complete PE data room comparison, or explore our PE data room solutions.

Ready to switch from Intralinks?

Set up your Peony data room in under 5 minutes. No per-page fees, no sales call, no credit card required.