Many investors and M&A advisors assume that all VDRs cost the identical. But the truth is, pricing models for virtual data rooms differ significantly. Some use per-page, per-user and storage size pricing models, while others charge a monthly flat fee. You can save time and money by choosing the appropriate pricing structure.
The flat-rate plan is the most popular, with plans that range between $400 to $1,000. The flat-rate model typically has a data room online predetermined number of users, a specific amount of storage, and the option to add more users or space as required. This is a good choice for projects or transactions that require a high degree of security.
Other vendors have a per gigabyte (GB) pricing structure that ranges from $60 and $77 per month. This is a good option for projects that have small text file sizes, since it’s cheaper than other options and avoids fees for overage.
Some providers offer a per-user license model, which is best for teams that are restricted to a specific number of team members. This pricing strategy may not be suitable for large projects due to the fact that overage charges will be charged if the number of licenses is exceeded.
Certain vendors offer a mixture of pricing structures. Pricing plans for their services are often dependent on the industry and the project needs of the company. You can pick the most suitable virtual dataroom by taking into consideration all of these aspects.
