NDAs (also known as non-disclosure agreements and confidentiality agreements) are an essential element of any deal.
Without an NDA, there is nothing to protect a business that shares confidential material during the deal-making process.
Though essential, the NDA has a reputation for being inconvenient, even dreaded—by both sides of the deal. Getting a non-disclosure agreement signed is time-sensitive, but the process can be bogged down by multiple downloads, red lines, and negotiations. Furthermore, there’s no easy, clear audit trail for legal purposes. Suffice to say, there’s nothing like a non-disclosure agreement to kill the momentum of a fast-moving deal.
Luckily, that’s all about to change. DocSend is proud to announce the launch of One-Click NDA, the fastest, easiest NDA signing option available. With One-Click NDA, business leaders can securely share sensitive documents, track how people engage with them, and execute NDAs—all from one single place.
Getting Started with DocSend’s One-Click NDA
If you’re on a DocSend Finance or DocSend Enterprise Plan, you can get started with One-Click NDA immediately.
You’ll want to begin with uploading the NDA. To upload the NDA, use the Content tab. You’ll then need to enable eSign for the document, and update your NDA settings in the NDA Settings tab. Once your NDA is ready, you can add it as a requirement to any document you share by simply clicking “Require NDA to view” during link creation.
The process of adding an NDA to a DocSend Space is just as seamless—and you can create links with NDAs from both the Google Chrome extension and Outlook extension. For more on how to send out your first one-click NDA in a matter of minutes, and to learn more about DocSend user and signer requirements, click here.
Now let’s explore some of One-Click NDA’s most popular and impactful use cases.
Private Equity: Fundraise with confidence
When it comes to fundraising in the private equity world, security is key. You certainly don’t want your confidential information and fundraising materials shared with other investors, so NDAs are often a necessity. Once your NDA is uploaded and identified in NDA Settings, applying an NDA to your pitch deck is as simple as checking a box when you create a link and share your pitch deck.
Oftentimes, however, the act of sending an NDA to an investor’s team becomes a redlining-fueled distraction from the deal at hand. If you’re negotiating the terms of the NDA, you’ve officially lost track of the deal and lost the attention of your target investor.
With DocSend’s One-Click NDA, the focus remains on your fundraising pitch deck because NDA is seamlessly shared with your pitch deck. Plus, you’ll also be able to track investor engagement automatically!
Click here for an example of a pitch deck shared with One-Click NDA.
Investment Banking: Master your mergers & acquisitions
If you’re an investment banker in the M&A (Mergers & Acquisitions) business, you already know just how severely time can kill a deal—so why waste precious time with the legacy NDA signature process?
DocSend’s One-Click NDA empowers you to scalably approach secure document sharing for both buyers and sellers of client companies. In a few quick minutes, you can upload your NDA for use, and apply it with one quick click to all potential buyers when you share a link.
It’s also incredibly important to ensure that you aren’t discouraging prospective buyers from accessing or engaging with the materials you’re sharing with them. Thankfully, DocSend’s One-Click NDA is just as simple for the viewer, with the option to download the NDA.
In fact, once the recipient has signed the NDA, you’ll receive a notification—and an audit trail of all actions are automatically recorded and stored in DocSend.
HR: Seamlessly showcase company culture and performance
HR shouldn’t be focused on coordinating NDA signatures—they should be focused on growing and supporting teams that drive company growth and revenue. With DocSend’s One-Click NDA, recruiters can safely share proprietary information with prospective candidates by seamlessly adding NDAs to any company overview deck, financial information, performance metrics, or other confidential materials they choose to distribute to engage candidates.
In this way, HR teams are empowered to put their best foot forward in the recruiting process. (Click here, or on the tile below, to check out a sample Space with One-Click NDA!)
Furthermore, One-Click NDA enables HR teams to optimize the new hire onboarding process, tail to tip. By handling confidentiality agreements with a simple click during the process of sharing onboarding materials with new hires HR teams can focus their time and energy on what matters: training and new hire support. Plus, they receive a notification—and automated audit trail—when candidates have signed!
During the recruiting, offer negotiation, and onboarding processes, the transfer of confidential information and materials to candidates and new hires is unavoidable. DocSend’s One-Click NDA gives you a foolproof way to seamlessly and scalably protect your company while giving candidates and new hires the intel they need to learn your business.
Business Development: Safeguard your partnership process
Forming and maintaining high-value BD deals necessitates the frequent exchange of confidential materials like business plans and strategies, product roadmaps, or performance data. Once you’ve equipped your BD deal room with One-Click NDA, you’ll be able to streamline both your prospect’s viewing experience and your own NDA sending process. In this way, you can take BD deal velocity to the next level without worrying about the NDA signature process.
Click here (or on the below tile!) for a sample deal room with One-Click NDA enabled.
As we’ve mentioned, One-Click NDA is fully compatible with DocSend Spaces—meaning you can upload and send all the files pertaining to a prospective partner with a convenient, easy-to-sign NDA. To learn more about DocSend Spaces, you can click here.
One-Click NDA: In Summary
Whether you are working a private equity deal, onboarding new hires, or working on a high profile business partnership, DocSend’s One-Click NDA is here to add that extra layer of document security to the confidential materials you’re sharing.
If you don’t have an account on our Finance or Enterprise plans and wish to make your NDA signing process seamless with a built-in audit trail, you can upgrade by clicking here. Otherwise, please feel encouraged to request a demo of One-Click NDA, or give us a call at (888) 258-5951. We look forward to hearing from you!