Many investors and M&A advisors assume all VDRs cost the identical. But the truth is, pricing models for virtual data rooms differ widely. Some virtual data rooms charge per page, per user, and also per storage size as opposed to a flat fee per month. Choosing the right pricing structure will help you get most value for your money and also save time and effort by avoiding manual tasks.
The flat-rate model is the most popular option and providers offer plans ranging from $400 to $1,000. This type of plan typically has the same number of users as well as a fixed amount of storage space and allows additional space and users to be added as required. This is a great choice for projects or transactions which require high levels of security.
Other vendors charge per gigabyte (GB) and prices ranging between $60 and $77 per month. This is a great option for projects that have small text size files. It’s cheaper than other options and is free of overage charges.
Some providers offer a model of licensing per user, which is perfect for teams with a limited number of members. This pricing strategy is not ideal for larger projects, since overage fees are incurred when the number of licenses a person has exceeded a set limit.
Some vendors offer a variety of pricing structures. Their pricing plans depend on the type of business and requirements of the business. You can pick the most suitable virtual dataroom by considering all these factors.