SecureDocs virtual data room is a trusted virtual data room solution designed for M&A, due diligence, and secure document sharing. As part of the Onit portfolio, SecureDocs provides businesses globally with affordable, secure, and easy-to-use virtual data rooms. In this comprehensive overview, we'll explore what the SecureDocs virtual data room offers and how it compares to modern alternatives like Papermark.

SecureDocs virtual data room: what's inside?

The SecureDocs virtual data room is a straightforward platform designed specifically for secure document sharing and M&A transactions. This virtual data room offers a simple, reliable environment for document storage, management, and collaboration, helping businesses handle sensitive deal documents with confidence while maintaining the highest security standards.

Key features of SecureDocs virtual data room

1. Fast setup and content management

The SecureDocs virtual data room provides a streamlined approach to document organization and deal management. The platform offers a 10-minute setup with rapid self-setup capabilities, allowing users to get started quickly without speaking to a salesperson or committing to technical training. Users can easily upload files and folders through drag-and-drop functionality, while the intuitive, user-friendly interface ensures a quick-start design for immediate deal readiness.

2. Seamless collaboration

The platform enables efficient teamwork across all stakeholders with customizable dashboards for activity monitoring and permission-based roles for user management. The Q&A functionality facilitates deal communication. Advanced search capabilities help users find information quickly. A 24/7 dedicated support team ensures users have assistance whenever needed.

3. Security and compliance

Security is paramount in the SecureDocs virtual data room offering. The platform maintains SOC 2 Type 2 audit compliance and uses 256-bit encryption for data in transit and at rest. Multi-factor authentication adds an extra layer of security. AWS data centers ensure 99.9% uptime. The platform provides granular user permissions and customizable NDAs, along with watermarking capabilities. Importantly, SecureDocs staff have no back-end access to user data.

4. Comprehensive analytics

The SecureDocs virtual data room provides detailed insights into deal progress through audit trail reporting with activity analysis and customizable dashboards with filtering options. Users receive activity alerts and notifications, while exportable activity logs allow for comprehensive reporting. The platform tracks user activity by role, group, and document views, providing valuable insights into engagement patterns.

How to use SecureDocs virtual data room

1. Initial setup

• Create your SecureDocs account
• Set up your virtual data room in 10 minutes
• Configure security settings and user permissions
• No sales consultation required

2. Content organization

• Upload documents via drag-and-drop
• Organize content using folder structure
• Apply watermarks and security settings
• Set up user roles and permissions

3. Collaboration management

• Invite users with role-based access
• Configure Q&A workflows
• Set up activity monitoring and alerts
• Customize dashboards for insights

4. Deal monitoring

• Track user activity and engagement
• Generate audit trail reports
• Monitor document views and downloads
• Export activity logs for analysis

SecureDocs virtual data room pricing

SecureDocs offers transparent, flat-fee pricing starting at $250/month. This includes:

• Unlimited users
• Unlimited documents
• 24/7 support
• All security features
• No hidden fees or per-page charges

The platform provides a 14-day free trial to test the service before committing to a subscription.

SecureDocs virtual data room reviews

SecureDocs has received positive feedback from users, with a 4.8/5 rating based on 38 reviews on G2. Users appreciate the platform's ease of use, transparent pricing, and reliable security features.

Limitations of SecureDocs virtual data room

While the SecureDocs virtual data room offers a solid solution, some considerations include:

1. Limited customization compared to enterprise solutions
2. Basic analytics compared to advanced platforms
3. No self-hosting options
4. Limited API access
5. Basic white-labeling capabilities
6. No open-source option
7. Limited integration options
8. Basic mobile experience

Why consider Papermark as an alternative?

Papermark is a secure, modern data room with transparent pricing, full white-labelling (including custom domains), and page-by-page analytics. While SecureDocs offers a solid foundation, Papermark delivers enterprise-grade security with granular permissions, NDAs, watermarking, and audit logs that SecureDocs lacks.

Transparent pricing

Papermark offers a 7-day free trial with the Data Rooms plan at €349/month. This includes 5 team members, unlimited documents, no file size limit, unlimited custom domains for data rooms, audit logs, Q&A module with permissions, and advanced customization and branding.

Enterprise-grade security & compliance

Papermark provides granular permissions, NDAs, watermarking, and comprehensive audit logs. The platform is SOC 2 Type II compliant, supports GDPR/CCPA requirements, and encrypts data both in transit and at rest with SSO and MFA support.

Page-by-page analytics

Track engagement with detailed page-by-page analytics across documents and decks. Get insights into which sections receive the most attention, helping you optimize your deal process and identify interested parties.

White-labelling and customization

Full white-labelling capabilities including custom domains and branding. Create a seamless experience for your clients with your own branding throughout the data room interface.

Modern productivity features

1. AI-powered auto-indexing, full-text search, and smart redaction
2. Granular user permissions down to the page level
3. Integrated Q&A workflow and real-time notifications
4. Version history, secure shredding, and automatic PDF conversions
5. Request files from visitors functionality
6. Dedicated account manager support

Try Papermark data room

Feature comparison

Conclusion

The SecureDocs virtual data room is a solid virtual data room solution with good security features and transparent pricing. However, for organizations seeking a modern alternative to SecureDocs with advanced capabilities, Papermark offers an intuitive platform with transparent pricing, unlimited storage, and advanced features without the complexity.

Learn more about Data Room features