Many investors and M&A advisors believe that all VDRs have the same cost. But the truth is, the pricing structures of virtual data rooms differ significantly. Some virtual data rooms charge per page, per user and by storage size as opposed to a monthly flat fee. You can save time and money by choosing the right pricing structure.
The flat-rate plan is the most popular, with plans that range between $400 and $1,000. This model typically comes with an unspecified number of users as well as a fixed amount of storage space, and permits additional space and users protecting documents to be added at any time. This is a good choice for projects or transactions which require high levels of security.
Other vendors employ a per-gigabyte (GB) pricing model, with prices between $60 and $77 per month. This is an excellent option for projects with smaller text size files. It’s less expensive than other options, and it does not incur overage fees.
Some providers offer licensing per user, which is ideal for teams with a restricted number of members. This pricing strategy might not be the best option for large projects because the cost of overage will be charged if the number of licenses is exceeded.
Some vendors offer a variety of pricing structures. Their pricing plans depend on the industry and the project needs of the company. You can select the most suitable virtual dataroom by weighing all these aspects.