Many investors and M&A advisors assume all VDRs cost anchor the same. But the truth is, virtual data room pricing structures differ widely. Some virtual data rooms charge per page, per user, and per storage size, while others charge a monthly flat fee. Choosing the right pricing model will help you get most value for your money and also reduce time and effort by avoiding manual tasks.
The flat-rate model is the most sought-after option and providers offer plans ranging from $400 to $1,000. This type of plan typically comes with a set number of users, a certain amount of storage, and the option to add users or space as required. It is a great option for transactions and projects that require a high level of security.
Other vendors charge per gigabyte (GB) which is a cost that can be found in prices ranging between $60 and $77 per month. This is an excellent option for projects with small text size files. It is cheaper than other options and is free of overage charges.
Some providers offer a per-user license model, which is best for teams that are limited to a set number of team members. This pricing strategy may not be the best option for large projects due to the fact that overage fees will be paid if the amount of licenses exceeds.
Certain vendors offer a combination of these pricing structures, and their pricing plans generally depend on the industry of the company and requirements for the project. All of these aspects into consideration can aid you in selecting the best virtual data room for your needs.
