Many investors and M&A advisors believe that all VDRs cost the same. Virtual data room new indataroom.com article pricing varies dramatically. Some virtual data rooms charge per page, per user and also per storage size as opposed to an annual flat fee. You can save time and money by selecting the best pricing structure.
The flat-rate model is the most popular option and providers offer plans that range from $400 to $1,000. This type of plan typically has a set number of users and a predetermined amount of storage space and allows for additional storage and users to be added when needed. It is a great option for transactions and projects that require a high degree of security.
Other vendors charge per gigabyte (GB) which is a cost that can be found in prices ranging between $60 and $77 per month. This is a great choice for projects that have small text size files. It’s less expensive than other options and will not charge overage fees.
Some providers offer licensing per user, which is ideal for teams with a small number of members. This type of pricing model may not be the best option for large projects due to the fact that the cost of overage will be incurred if the number of licenses is exceeded.
Some vendors provide a combination of these pricing models, and their pricing plans typically depend on the company’s industry as well as the requirements of the project. Taking all of these factors into consideration will help you decide on the most appropriate virtual data room for your needs.