Many investors and M&A advisors believe that all VDRs have the same prices. Virtual data room pricing can vary widely. Some virtual data rooms charge per page, per user and by storage size in comparison to others, which charge monthly fees that are flat. You can save time and money by selecting the best pricing structure.
The flat-rate plan is the most popular, with plans that range between $400 and $1,000. This model typically includes the number of users, a specific amount of storage, and the option to add more users or space as required. It is a great choice for projects and transactions that require a high degree of security.
Other vendors charge per gigabyte (GB), with prices ranging between $60 and $77 www.indataroom.com/methods-of-protecting-documents-and-data/ per month. This is a great option for projects with smaller text file sizes. It’s cheaper than other options, and it avoids overage charges.
Some providers offer licensing per user, which is ideal for teams with a restricted number of members. This pricing strategy might not be appropriate for large projects because excess charges can be due if the number licenses is exceeded.
Some vendors offer a combination of pricing structures. The pricing plans they offer are usually based on the industry and the project requirements of the company. All of these aspects into account will aid you in selecting the best virtual data space for your needs.