How Much Does a Virtual Data Room Cost?
Many investors and M&A advisors assume that all VDRs cost the same. But the truth is, virtual data room pricing structures differ significantly. Some employ per-page, user, and storage size pricing models while others charge a monthly flat fee. Selecting the best pricing model will allow you to get the most value for your money, and also save time and effort by avoiding manual labor.
The flat-rate plan is the most well-known, with plans ranging between $400 to $1,000. This approach typically includes the same number of users and a set amount of storage space and allows for additional storage and users to be added as needed. It is a great choice for projects and transactions that require a high https://www.indataroom.com/methods-of-protecting-documents-and-data degree of security.
Other vendors charge per gigabyte (GB), with prices ranging between $60 and $77 per month. This is an excellent option for projects that have small text size files. It’s less expensive than other options, and also is free of overage charges.
Some providers offer a per-user licensing model, which is best for teams that are restricted to a particular number of team members. This type of pricing model may not be the best option for large-scale projects as the cost of overage will be paid if the amount of licenses exceeds.
Some vendors offer a variety of pricing structures. Pricing plans for their services depend on the industry and project requirements of the business. You can choose the best virtual dataroom for your needs by taking into consideration all of these aspects.