Many investors and M&A advisors assume that all VDRs cost the identical. But the truth is, the pricing structures of virtual data rooms vary greatly. Some virtual data rooms charge per page, per user and per storage size as opposed to an annual flat fee. Choosing the right pricing model will help you get the most value for your money, as well as save time and effort by avoiding manual tasks.
The flat-rate plan is most popular, with plans ranging between $400 and $1,000. The flat-rate model typically has a set number of visit this page indataroom.com/more-progressive-functions-with-data-room-online/ users, a predetermined amount of storage, and the option to add more users or space as needed. This is a great choice for transactions or projects that require a high level of security.
Other vendors utilize a per-gigabyte (GB) pricing structure that ranges from $60 and $77 per month. This is a great choice for projects with small text file sizes, as it is more cost-effective than other options and does not incur excess fees.
Some providers offer a per-user license model that is ideal for teams that are limited to a certain number of team members. This type of pricing model may not be ideal for large-scale projects as the cost of overage will be paid if the amount of licenses is exceeded.
Certain vendors offer a combination of these pricing models, and their pricing plans generally depend on the business’s industry and requirements for the project. All of these aspects into consideration can help you choose the most appropriate virtual data room for your needs.