SecureDocs Virtual Data Room: Fast, Affordable, and Secure Solutions for Australian Businesses

SecureDocs Virtual Data Room is a secure document sharing platform for managing large volumes of sensitive documents. SecureDocs helps companies around the world share confidential files with external parties while maintaining full control over access. It is a highly trustworthy due diligence platform that supports data-sensitive processes such as

·   Mergers and acquisitions,

·   Due diligence,

·   Initial public offerings

·   Licensing deals

·   Audits

·   Business valuations, and

·   Investment preparation

SecureDocs started operations in 2012 and has helped process billions of global transactions. Onit’s acquisition of SecureDocs in 2022 further strengthened its position as a trusted provider in the legal tech and deal management space.

Legal, life sciences, financial services, and other sectors use SecureDocs data room in Australia for secure data sharing and deal management. Its combination of strong functionality and ease of use makes it suitable for both small and large-sized businesses in Australia.

Securedocs stands out in the VDR market because of:

1.  Fast Setup and User-Friendly Design

SecureDocs is amongst the safest and fastest virtual data room solutions. You can set up the data room in less than 10 minutes. Its clean interface is easy to navigate and requires little to no training. This makes it ideal for startups and businesses that need to move fast without compromising on security or usability.

2.  Strong Security for Sensitive Information

SecureDocs VDR uses industry-leading security, including 256-bit encryption, two-factor authentication, and audit trail reporting. These features protect your data and ensure compliance with industry standards. Businesses can confidently manage corporate documents and track every action within the VDR.

3.  Flat-Fee Pricing for Cost Control

SecureDocs offers affordable flat-fee pricing, which is not common among all the VDR providers. Its flat-fee pricing includes unlimited users and is especially valuable for companies that handle a high volume of data. This makes the platform both affordable and scalable.

SecureDocs info overview

Key Features of SecureDocs VDR

SecureDocs is a complete package for all types of organisations. It provides all the necessary and advanced features to facilitate complex business transactions. Here are some key features of SecureDocs VDR.

1.      Intuitive User Interface with Drag-and-Drop Functionality

SecureDocs data rooms are not only easy to set up but they are easy to use as well. Its drag-and-drop feature makes document uploading and sharing as easy as you like. Just select documents from the source and simply drag them into the VDR.

2.      Unlimited document storage and Users

It is one of those areas where a few VDR vendors can compete with Securedocs. It allows you to add unlimited users and unlimited documents to your VDR. This feature is highly useful for managing large-scale transactions without keeping track of data storage consumption.

3.      Advanced Search and Customizable Dashboards

You can easily locate and access any desired file from the VDR within a few seconds using the advanced search feature. Customizable dashboards allow you to monitor user activity by role, document, or upload.

Security and Compliance

Securedocs makes your data room secure with premium security features and regulatory compliance.

1.      SOC 2 Compliance and ISO 27001 Certification

It is a U.S. regulatory standard that evaluates if a company keeps customer data safe and secure over time.

ISO 27001 certification is an international standard that confirms a company has a clear system to manage and protect its data and reduce security risks.

2.      256-bit Encryption

The 256-bit encryption feature encrypts data during transit and at rest to protect sensitive business documents. It is commonly used in military setups and the banking sector.

3.      Two-factor Authentication

The 2FA feature protects your data room from unauthorised individuals. It adds an identity confirmation layer, which requires users to provide a one-time generated code along with the login password.

4.      Audit Trail Reporting and Permission-Based User Roles

SecureDocs provides detailed user activity reports through audit trails. You can see what the users are doing in the data room. Permission-based access allows you to define data access levels for all users according to their roles.

5.      Single Sign-On

Streamlines user authentication by allowing access to multiple systems with one set of credentials. This simplifies password management and enhances security by limiting the number of logins to remember while controlling third-party access.

6.      Certified Amazon Web Services Data Centres

These facilities have multiple layers of protection, including network segmentation, firewalls, intrusion detection systems, electronic access cards, PIN authentication, biometric verification, and round-the-clock on-site security personnel.

7.      No Backend Access

It ensures that even the service provider cannot access your back-end systems. You won’t find this feature in ordinary file-sharing services.

Pricing and Plans

SecureDocs offers transparent flat fee pricing starting at $250/month. Here is an overview of SecureDocs’ flat-fee pricing structure.

Securedocs pricing structure allows customers to accurately estimate the overall cost in advance. This is what makes Securedocs different from other vendors.

Use Cases for Australian Businesses

SecureDocs is a virtual data room trusted by companies around the world. It can facilitate a wide range of business activities in Australia, such as:

·   M&A Transactions: Securedocs offers a secure data room that streamlines the entire deal process. Users can access sensitive corporate documents and seamlessly collaborate. It also offers a due diligence checklist for easy data organisation.

·   Fundraising: Give investors controlled access to financials and company records with full transparency.

·   Audits & Legal Compliance: Allows you to stay audit-ready and organised with secure file storage.

Securedocs is suitable for small and large businesses in the legal, real estate, healthcare, and financial services industry in Australia.

Customer Support and Onboarding

SecureDocs has an industry-leading customer support team that provides 24/7 support through guides, FAQs, live chat, email, and phone. They also guarantee 99.9% uptime for the data room. However, support is provided only in English. Users have appreciated the competence and responsiveness of their customer support team.

The data room setup only takes 10 minutes, and the training materials include:

·   Live demo

·   Webinars

·   Videos

·   Documentation

Testimonials and Success Stories

SecureDocs has helped businesses in streamlining IPOs, fundraising, and similar processes across the world.

StabiLux Biosciences

StabiLux Biosciences adopted SecureDocs to improve and simplify its fundraising workflow. Tokarz (the CEO of StabiLux) aimed to sidestep the hurdles he had faced in earlier ventures. The platform’s intuitive design and robust features made the entire process more efficient and manageable.

Inogen, Inc.

Inogen turned to SecureDocs during its $70.5 million initial public offering to handle sensitive corporate documents. The platform’s advanced tools helped secure important data and expedited the due diligence phase.

TVC Capital

The data room helped San Diego venture group TVC Capital successfully process 14 transactions, including 2 exits and over 10 follow-on deals. This shows the platform’s reliability in handling multiple complex transactions.

Getting Started with SecureDocs

SecureDocs offers a 14-day free trial, which allows you to explore its features without any commitment.

Here is how to start your free trial.

·   Go to https://www.securedocs.com/start-free-trial

·   Provide the required information to create your account.

·   Your data room will be set up immediately once you submit the required information.

Customer Support

Phone: +1 866-700-7975

Email: [email protected]

Key Takeaways

SecureDocs delivers a secure data room to share and manage important documents online. It is one of the best data room solutions for transactions like M&As, fundraising, audits, and IPOs.

The data room can be set up in 10 minutes, and the company offers a transparent pricing structure. With features like unlimited storage and users, easy file searches, built-in electronic signatures, and activity tracking, it helps make managing documents easy during complex tasks.