Many investors and M&A advisors assume that all VDRs are priced the same. Virtual data room pricing can vary widely. Some virtual data rooms charge per page, per user, and per storage size and others charge a monthly flat fee. Choosing the right pricing structure will help you get most value for your money, as well as reduce time and effort by avoiding manual work.
The flat-rate plan is most popular, with plans ranging between $400 to $1,000. This approach typically includes the same number online data storage of users, as well as a certain amount of storage space and permits additional space and users to be added at any time. This is a great option for projects or transactions that require a high level of security.
Other vendors charge per gigabyte (GB) for their services, with prices ranging between $60 and $77 per month. This is a great option for projects that have small text file sizes. It’s cheaper than other options, and it avoids overage charges.
Some providers offer a per-user license model that is ideal for teams that are restricted to a particular number of team members. This pricing strategy is not suitable for larger projects, as overage charges are incurred when the number of licenses a person has exceeded an amount that is set.
Some vendors offer a mix of these pricing structures, and their pricing plans generally depend on the industry of the company and project requirements. The combination of these elements into account will aid you in selecting the most suitable virtual data room for your needs.
