SecureDocs Virtual Data Room

The SecureDocs VDR is a global data management platform for fundraising, M&A, IPOs, bankruptcy filing, and corporate repositories. SecureDocs offers simple yet effective storage solutions for sensitive data for a range of industries. 

Compared to most of its competitors, the SecureDocs virtual data room is very easy to set up and navigate. A user can figure out the tool in less than ten minutes and take full advantage of its capabilities with their 14-day free trial.

Pros and cons of the SecureDocs VDR

Many users recognize the SecureDocs VDR tool as an optimal solution for confidential data management with only a few flaws. Here’s a summary of SecureDocs virtual data room top pros and cons:

Pros

• Multifunctional feature set, including live Q&A and customizable user permissions
• Intuitive, quick set-up
• 24/7 live representative support via email and chat
• Comprehensive interface
• ISO 27001 certified Amazon Web services data centers

Cons

• Minimal platform and device integration, only available as a web-based service
• No live training
• Limited reporting and customization capabilities
• More expensive pricing structure and no free version
• Lack of clearance from some investment banks

What is a SecureDocs VDR do best?

Although SecureDocs VDR supplies usage opportunities for all size companies, it’s most effective for medium to large-scale companies. Some of the SecureDocs virtual data room’s most recognizable clients are pharmaceutical, legal, and financial advisory firms.

A SecureDocs VDR might not be an ideal choice for small-scale organizations and nonprofits.

SecureDocs virtual data room pricing

SecureDocs virtual data room flat-fee plans offer maximum transparency with no hidden costs and additional usage charges. There are three pricing tiers:

• The 3-month plan is designed for short-term projects that link to mergers and acquisitions, divestments, and bankruptcies.
  
  • Price: $400 a month, billed quarterly
    
• The 12-month plan accommodates long-term projects and corporate repositories.

• Price: $250 a month, billed annually
  
• Volume packages enable handling multiple deals or projects via single sign-in.
  
  • Price: Custom, billed annually

Additionally, SecureDocs VDR offers a complimentary 14-day trial that showcases the full capabilities of the premium plans. The users can rely on the trial period to familiarize themselves with the platform and to use it to set up an upcoming deal.