Document Vault

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Document Vault is a virtual data room provider from the United Kingdom. Mainly, it caters to UK-based law firms and specializes in mergers and acquisitions. Also, among its customers, you can find insurance companies, real estate agencies, investment brokers, and government agencies. But even though Document Vault services these industries, it doesn’t mean that this provider is not suitable for other fields as well. 

Yet, you should note that the vendor insists that its software is suited for mergers and acquisitions, joint ventures, and can be used as a document archive. So if you need a virtual data room for other needs, Document Vault might be not sufficient.

About Document Vault

This provider is based in the United Kingdom and has just one office. Yet, it services companies from other countries, too. Document Vault exists since 2006 and supports a vast variety of market sectors:

  • Real estate
  • Oil and Gas
  • Mining
  • Solar energy
  • Insurance
  • Law
  • Investment

This vendor takes the security of its customers’ data seriously. Document Vault offers virtual data rooms that are hosted on data centers in the United Kingdom. All servers have ISO 9001 and ISO 27001 certificates. The provider protects user data both at rest and during transfer to eliminate any risks for data leaks. Additionally, Document Vault supplies users with the ability to set levels of access for invited parties and control their activity to spot suspicious behavior.

This vendor guarantees 99.9% uptime for its clients. It means that your virtual data room will be accessible all the time from any location. It’s a very important detail as you don’t want your storage to be unavailable during the deal.

Moreover, Document Vault offers training and extensive support when its customers need it.

Document Vault features

To be fair, this virtual data room is quite basic as it doesn’t offer unusual features. However, it supplies companies with all the tools necessary for mergers and acquisitions. Here users will have a secure repository that supports all kinds of documents. The data room will automatically index all uploaded files and sort them. The administrators can see the full list of all authorized users who can access the workspace, as well as the data about their activity. 

The information request center is a standard Q&A section where third-parties can get answers to their questions. And when new documents are added or existing ones are edited, all users receive email alerts. Finally, businesses can use the draft agreements feature to draft contracts.

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