Many investors and M&A advisors believe that all VDRs are priced the same. The pricing for virtual data rooms varies dramatically. Some utilize per-page, per user, and storage size pricing models, while others have a flat monthly cost. You can save time and money by choosing the right pricing structure.
The flat-rate model is the most popular option with plans with prices ranging from $400-$1,000. The flat-rate model typically has a set number of users, a set amount of storage space, and the option to add additional users or space as required. It is a great choice for transactions and projects that require a high level of security.
Other vendors use a per-gigabyte (GB) pricing model that has prices ranging from $60 and $77 per month. This is a great choice for projects that have small text file sizes. It is cheaper than other options, and also does not incur overage fees.
Some providers provide a per-user model of licensing which is suitable for teams that are limited to a particular number of team members. This pricing strategy might not be the best option for large-scale projects as overage fees will be paid if the amount of licenses exceeds.
Some vendors why not find out more offer a mix of these pricing models, and their pricing plans generally depend on the company’s industry as well as project requirements. Taking all of these factors into consideration can aid you in selecting the most appropriate virtual data room for your needs.