SecureDocs Virtual Data Room Software


 

SecureDocs is a virtual data room tool used for storing and sharing confidential documents both internally and externally. It is suitable for businesses of any size and a range of industries including used during due diligence, mergers and acquisitions, audits, fundraising, business valuations and more.

SecureDocs enables users to control their data through permission-based users roles, dynamic watermarking and customizable non-disclosure agreements. Administrators can restrict permissions for accessing folders or subfolders and create rules for documents with no access, view-only for Office and PDF documents or full access.

SecureDocs offers a drag-and-drop feature. Audit logs in SecureDocs shows users who is looking into a document with dates and timestamps that can be shared via email. Users can set activity alerts and email notifications for newly added documents and daily audit logs. The solution supports unlimited users and data and provides online support.

 

SecureDocs Virtual Data Room - Audit log
 
  • SecureDocs Virtual Data Room - Audit log
    Audit log
  • SecureDocs Virtual Data Room - Drag and drop
    Drag and drop
  • SecureDocs Virtual Data Room - User roles
    User roles
  • SecureDocs Virtual Data Room - Reports
    Reports
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 10

81 Reviews of SecureDocs Virtual Data Room

Showing 1-20 of 81

 

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John from Woodside Capital Partners

July 2018

July 2018

Simple, easy to use interface. Very effective tool for us to share documents securely.

Ease-of-use

Functionality

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Pros

The interface is functional and intuitive. I was also pleased with the easy to use drag and drop feature.

Cons

Would like to have the ability to see what documents were being viewed or read with more detail. Would like to have the ability to extent the contract monthly.

Review Source: Capterra

  Response: SecureDocs, SecureDocs Inc.

Date: July 2018

July 2018

 

Thank you for your review of SecureDocs. We appreciate you taking the time to share your experience using our software!

 

Ankit from SG Analytics
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

July 2018

July 2018

It was great using this friendly software and was really helpful. It met our objective.

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Log and audit trail is the best thing

Pros

Log and audit trail is the best thing in the software along with role creation. As an example, you get the watermark of the user whose id is used while taking the print which helps in data privacy.

Cons

There could be optimization in mass permission changes. You can't view mail attachments through the software. This does not let you to restrict access to 'view only'.

Review Source: Capterra

  Response: SecureDocs, SecureDocs Inc.

Date: July 2018

July 2018

 

Thank you for your kind review of SecureDocs Virtual Data Room. We're happy to hear that you had a positive experience, and hope that you'll consider us again the next time the need arises.

We take customer feed back very seriously, and make sure to read each review for inspiration when adding new features, and when searching for areas of improvement to our product and service.

I noticed that you mentioned you wanted to be able to restrict access to 'view only', and we're pleased to let you know that our system does allow for 'view only' permissions.

We'd be happy to walk you through setting up that feature in order to improve your experience with our solution.

Thanks again for sharing your thoughts!

 

john from Ambassador Financial Group
Number of employees: 11-50 employees Employees number: 11-50 employees

July 2018

July 2018

Super easy to use and manage

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Saves money and time with being able to provide a data room to your M&A clients. Sometimes the Attorneys will get involved and host the data room and the cost and ability to control the data is lost.

Pros

The software is very easy to use and the low cost price point is great. Very easy to order and set up any data room.

Cons

I really don't have any dislikes about this software. There are a few small things that could be offered where the user could choose how files will be numbered, for example 1, 2, 3 vs I, II, III.

Review Source: Capterra

  Response: SecureDocs, SecureDocs Inc.

Date: July 2018

July 2018

 

Thank you so much for sharing your experience using SecureDocs. We're happy to hear it was a positive one!

 

Juan Francisco from Administracion Corporativa YRI
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

June 2018

June 2018

Excellent

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Really easier to use, and helpful for our clients and the velocity for droop the files and who we can see in realy time the information.

Pros

Really is easier to use, and helpful for our clients and the velocity for droop the files and who we can see in realy time the information.

Cons

i would like a system that has the possibility to incorporate an file to coments or issue between the files in the web, I mean the possibility to the final client insert coment in the same web page about and specific items.

Review Source: Capterra

  Response: SecureDocs, SecureDocs Inc.

Date: July 2018

July 2018

 

Thank you for sharing your experience using our solution. We're glad to hear it was a positive one!

We take customer feedback seriously and appreciate you taking the time to make suggestions for improvement.

 

Jonathan from Precision Biopsy, LLC

June 2018

June 2018

Set-up Data Room for M&A

Ease-of-use

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Pros

Very easy to use without any training or tutorials. Fixed cost with no hidden fees, unlike other data rooms that charge based on number of pages and video size. Start-up friendly with intro deals for new users.

Cons

They are not cleared by all investment bank compliance departments. This is not a comment on functionality or capabilities. But it does impact the ability to use them if your investment bank has not cleared them.

Review Source: Capterra

  Response: SecureDocs, SecureDocs Inc.

Date: July 2018

July 2018

 

We're happy to hear that our solution was easy-to use and helpful during the M&A process.

Thank you for sharing!

 


June 2018

June 2018

Excellent features. Far better than VRoom that we used back in 2015

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Pros

Audit tracking of user activities. Like ability to see who viewed and uploaded document. Like indexing file capability.

Cons

Numbering system. Cannot import logical numbering system required for due diligence searches. Had to remap numbering to locate files uploaded.

Review Source: Capterra
 

Mark from Canyon Midstream
Number of employees: 51-200 employees Employees number: 51-200 employees

June 2018

June 2018

Great platform that is flexible and easy to use for multiple applications

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Pros

It's easy to move files around and organize documents as VDRs become more complicated over the life of the project. Also helpful that it's one flat fee vs. having to pay by file size. Nothing is worse than having to pick and chose what you want to upload because you're approaching your data limit like with other virtual data rooms.

Cons

The user experience is great, but if there were two areas I would improve the product it would be: 1) making it easier for users to see which files have been uploaded most recently and 2) being able to send a link to specific files to make it easier to communicate when answering questions on specific files in the data room.

Review Source: Capterra
 

Sandro from First Solar

May 2018

May 2018

Best VDR!

Ease-of-use

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Able to share securely deal documentation with banks and investors and discriminate view/download rights between different groups through the great UI

Pros

Excellent usability with all the functions needed. Reasonable price and no limits on capacity. Contracts are easy to understand and support is timely and friendly. Highly recommended. Correctly displays text in other languages.

Cons

Nothing. Service is perfect. Sometime the exchange to sing a new contract is not perfectly straightforward but it was always solved in a timely manner.

Review Source: Capterra
 


May 2018

May 2018

Easy to use and hands on service personnel.

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Anonymity between investors was a must. I like that we are able to delineate access by individual folders.

Pros

The software is easy to use and self-explanatory. The whole set up process took less than a day including the uploading of all our documents. The audit log is a great feature allowing you to see every users' activities.

Cons

We have yet to have any issues with the software. The software allows unlimited users to access the data room which many other data room's do not offer.

Review Source: Capterra
 

Josh from Nebraska Book Company

May 2018

May 2018

Very satisfied with the product

Ease-of-use

Functionality

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Maintain user roles and share documents with a variety of third parties.

Pros

Easy to use and intuitive to set up. We were able to set up our file structure, roles, and users in very little time. Makes sharing documents easy while maintaining confidentiality

Cons

I think it is expensive, there are free products in the same market. I think the pricing is better over a longer subscription.

Review Source: Capterra
 

Stefan from zavvie
Number of employees: 2-10 employees Employees number: 2-10 employees

May 2018

May 2018

Great product, and a I got good price on it.

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Quick to set up our data room, and easy to manage it.

Pros

Intuitive. Fast. No glitches or bugs. Nice e-signature feature. The tools for sharing access are also particularly good.

Review Source: Capterra
 


May 2018

May 2018

easy setup, proper costing (not as crazy as most DR providers, USD+++ for 1Gb of data). Very good!

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proper due diligence in cloud. saves time and money.

Pros

ease of access, setup, functionality, (out of the box), support and the pricing. All in all very proper product with all the necessary functionality available.

Cons

How the solution is used within our company there is really nothing missing or not working. the price, compared to other providers is really the best (including watermarking).

Review Source: Capterra
 

Dipak from Puranik Builders Pvt. Ltd.

April 2018

April 2018

Best VDR in terms of Features, Service and Price.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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Pros

We are an Indian company. We have evaluated few VDR software. Raised many quires before purchasing the VDR and got the prompt and satisfactory answer even after the 12 hours time zone difference. Also, SecureDocs is the best in terms of Features, Service, and Price.

Cons

I was the part of decision-making committee. I am heading the IT division in Puraniks. I believe there are no Cons to this product. One can easily rely on this.

Review Source: Capterra
 

Dan from Domo, Inc.
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

March 2018

March 2018

Very easy to use. Had all the support we needed.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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Simple and secure way to store and share documents.

Pros

Easy to use. Easy to upload large files. I like that we don't have to think about the data room. It is easy enough to use that we just use it and no one dreads having to deal with it. It does exactly what it is supposed to do, without anyone needing training or having to stress about whether it will work.

Cons

Mobile app support would be nice. We have been able to log in from a mobile device and work through the browser of a phone, but I don't think there is a mobile app available at this point.

Review Source: Capterra
 

Tammy from Thesan Pharmaceuticals
Number of employees: 2-10 employees Employees number: 2-10 employees

February 2018

February 2018

Very easy to transfer data and get up and running quickly.

Ease-of-use

Functionality

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Easily able to give access to potential buyers of our products.

Pros

User friendly. Transferring all of our data from one data room to another was very easy. The customer service is top and notch and they respond very quickly to questions.

Cons

Re-sending an invite to a current user is a little confusing. In other data rooms I've worked in it is typically re-sending the invite. In SecureDocs it has you reset the password to the user.

Review Source: Capterra
 

Albert from Panaseer Limited

February 2018

February 2018

Great platform. Easy to set up, zero friction with invited users. They have thought of everything.

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Pros

Ease of use and ability to quickly get up and running. Easy to share and track activities. Fair pricing.

Cons

Still haven't quite perfected viewing multi-spreadsheets but not a major issue as users can download and view instead. Participator invitations end up in the target's clutter folder more often than not - it may be possible to fix this by checking the standard wording used in the invite to stop them getting picked up by filters

Review Source: Capterra
 

Leslie from Cornerstone Business Solutions, Inc.
Number of employees: 2-10 employees Employees number: 2-10 employees

February 2018

February 2018

Excellent customer services, easy to use, unlimited users & data & extremely reasonable price.

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It has worked great & I recommend it to all of my clients (I am a fractional CFO with several early-stage biotech companies).

Pros

Works just like any other data room, very user friendly (no training required like some other systems. Great, cost effective way for small, start up biotechs to look professional for due diligence.

Review Source: Capterra
 

Mykel from TVC Capital

December 2017

December 2017

My PE firm runs all of our transactions through SecureDocs. It's invaluable.

Ease-of-use

Functionality

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Pros

SecureDocs is very easy to use as an administrator and is intuitive to new invited users which creates a lot of efficiency. The system serves as our system of record for all transaction work. The team is also great - they build customer feedback into the roadmap for new features and provide excellent support.

Cons

It's never failed our firm in any way, but it would be nice if SecureDocs enabled text search within documents. It would also be nice to re-index folder structures with copy paste.

Review Source: Capterra
 

Tripurari from Minda Industries Limited

December 2017

December 2017

Exremely quick set up and roll out of services

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Extremely quick closure of transaction.

Pros

Contemporary,Value for Money . The product is Customized / tailor made to meet the customer requirement

Review Source: Capterra
 

Jesse from Vaquero Capital
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2017

December 2017

Awesome customer service & very easy to use.

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Reduces the amount of time I need to spend messing around in data rooms. It is very easy and efficient.

Pros

The software is extremely easy to use. I really like the interface and way you can upload // review files. The best part is the audit log to keep track of data room activity.

Cons

I don't have much bad to say about the software. There could be optimization in mass permission changes. For example, to turn on and off email notifications, you have to go manually 1 by 1. Other than that, no complaints.

Review Source: Capterra
 
 
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