Many investors and M&A advisors assume that all VDRs cost the identical. However, the reality is that the pricing structures of virtual data rooms differ widely. Some employ per-page, user and storage size pricing models whereas others have a flat monthly fee. You can save time and money by selecting the best pricing structure.
The flat-rate plan is the most popular option, with providers offering plans ranging from $400 to $1,000. This type of plan typically has a fixed number of users and a predetermined amount of storage space, and allows additional space and users to be added at any time. It is a great option for projects and transactions that require a high level of security.
Other vendors charge per gigabyte (GB) for their services, with prices ranging from $60 to $77 per month. This is a great choice for projects with small text size files. It’s less expensive than other options and will not charge overage fees.
Some providers offer a model of licensing per user, which is ideal for teams with a restricted number of members. This pricing method isn’t suitable for larger projects since overage costs are incurred when the number of licenses is greater than the limit set by the provider.
Some vendors offer a variety of pricing structures. Pricing plans for their services are usually based on the industry and project requirements of the business. The combination of these elements into account will assist you in choosing the most appropriate virtual data room for your needs.