securedocs data room
Ease of Use
3.9 / 5.0
Customer Support
2.9 / 5.0
Speed & Availability
3.0 / 5.0
Features
2.9 / 5.0
Value for Money
3.4 / 5.0
Reviews 7
3.2 / 5.0
"This product is extremely easy to use and simple to set up. Perfect tool for sharing files in the cloud."
Timothy B. - Pharmacy
Capterra logo 4.7
G2 logo 4.79
Softwareadvise logo 4.82

What is Securedocs Data Room?

SecureDocs is a well-established provider of secure data room that’s being used by thousands of corporations and businesses for managing and storing mission-critical materials. It is widely used by companies who need the service for audits, business operations, fundraising, and M&A. Whenever you’re anticipating an important event, this virtual data room can come in handy and facilitate your work with documents saving time and money spent on paperwork.

The main features distinguishing SecureDocs from competitors are transparent pricing policy, eSignature and simple user interface. What else?

Features of the data room

It provides users with pretty much everything for efficient and convenient management of documents and files. The most important features include:

  • Info protection features;
  • Tools for project management;
  • Access permissions on different levels;
  • Secure file preview;
  • Tags for documents;
  • Audits;
  • Management of anonymity;
  • permissions based on roles;
  • due diligence control.

Besides, users can enjoy 1-click archiving, easy migration of materials, unlimited data storage, notifications about new documents, and bulk user invitation.

The advantages and disadvantages of Securedocs Data Room

To understand whether this SecureDocs data room is suitable for your business, observe its pros and cons:

ProsCons
Intuitive interface. The platform is very easy to use.The high cost of virtual data room services (price starts from $100/month per data room). 12-months plan is cheaper than 3 months.
User-friendly customer support available via email and phone, as well as tickets.There’s no live chat on the official website.
This data room provides almost all essential features for document sharing, management, and access control.It lacks some of the useful tools, for instance, text search in documents, or re-indexing of the folder structure.
Straightforward pricing and no hidden fees. Although it’s not the cheapest option, the set of features provided totally justifies its price.You cannot turn email notifications on and off for separate users.
Supports many different file formats.PowerPoint files cannot be viewed in the platform, so you cannot restrict access by ‘viewing’ only.

What makes SecureDocs a perfect data room for M&A and other business processes is the fact it supports an unlimited amount of users. No matter how big your company is, your employees will enjoy a steady and safe access to materials.

SecureDocs features:

Features SecureDocs

Industry Solutions

Bankruptcy
Biotech Licensing
Debt Financing
Document Repository
Due Diligence
Fundraising
IPO & Exits
Litigation
M&A Buy Side
M&A Sell Side
Private Equity
Board Portals
Clinical Studies
Distressed Real Estate
Hedge Funds
Post Merger
Procurement Management
Restructuring

Files & Folders Management

File Formats Supported: Any file types can be uploaded. PDF and MS Office files can be viewed, any other file types must be downloaded to view
Automatic Numerical Indexing of Files & Folders
Drag & Drop Upload of Multiple Files and Folders
Export of Data Room Index to Excel
Desktop Synchronization
Archives Upload & Extraction
Document Version Control
Multilingual Documents Index

File Protection & Digital Rights Management

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

Data Hosting

99.9% Uptime Guarantee
ISO 27001 Certified
Data Backup
SOC 2 Certified
SSAE 16 Certified
Virus Scanning

Access Security

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

Accessibility & Ease Of Use

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

Search, OCR & Filters

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

Collaboration Features

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

Activity Tracking & Reporting

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

Customization

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

Support & Services

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

Deployment Options

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

Trial & Pricing

Free Demo
Free Trial: 14-day trial
Price: ANNUAL: $200/month, 3 MONTH PLAN: $300/month, 1 MONTH PLAN: $400/month

Company Info

Established: 2012
Locations: United States
Employees: no data
Clients: LogicMonitor, AppScale Systems, AcuFocus, Inc., PlantForm, Sovance, LLC, Strategic Finance, Tracon Pharmaceuticals, Ansible Works, Clean Diesel Techlogies, Lastline, Inc, Igen, The Corum Group, Stradling Yocca Carlson & Rauth

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Reviews

  • Nicholas M. - Unspecified 06 Feb, 2020 15:10 2.8 / 5.0
    This company provides poor Virtual Data Room software for such money that they ask.
  • Ben W. - Marketing 30 Jan, 2020 18:04 3 / 5.0
    Securedocs Data Room would be more appropriate for small businesses and the narrow scope of workflow needs. The main disadvantages are that for each unique profile, you can enable a unique set of different user privileges such as View Only, Access, Activity Control, DownLoad ability. If you want to enable multiple privileges for a particular user, you then need to make another special profile with that combination of privileges enabled.
  • Jeff D. - Corporate Development 16 Jan, 2020 17:36 4.4 / 5.0
    Overall is a good and reliable virtual data room. Rock-solid security, including inability to remove confidentiality watermark on PDF. It makes it easy to keep customers updated with the latest product documents and firmware. Broadcasts notices when updates are issued. You can't assign a user to more than one profile. If you want to enable multiple privileges for a particular user you then need to make another special profile with that combination of privileges enabled. This can be hard to manage for the new users.
  • Ryan N. - Technology 30 Oct, 2019 14:15 3.2 / 5.0
    It was easy to recommend to clients who didn’t want to pay 10K for a VDR.
  • Yannai S. - Technology & Services 08 Oct, 2019 13:20 3 / 5.0
    I like that the provider proposes a fixed price and it doesn't depend on the number of pages and file size that you upload to the cloud. But in this case, you will face with the limits in storage capacity. Therefore, plan ahead your storing needs of digital data room
  • Gaya Sedrick - «Soft Idea» 07 Oct, 2019 13:16 3 / 5.0
    I used «SecureDocs» free trial. There were no problems with the software but the full plan I didn't buy because of poor set of document management tools. In my opinion, this software is appropriate for file sharing but not for M&A transactions.
  • Timothy B. - Pharmacy 01 Oct, 2019 15:41 3 / 5.0
    This product is extremely easy to use and simple to set up. Perfect tool for sharing files in the cloud.