Many investors and M&A advisors believe that all VDRs are the same price. But the truth is, the pricing structures for virtual data rooms differ significantly. Some virtual data rooms charge per page, per user and for the size of storage and others charge monthly fees that are flat. The right pricing structure 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 most well-known, with plans ranging between $400 to $1,000. The typical flat-rate plan includes a set number of users and a predetermined amount of storage space and allows for additional space and users to be added when needed. This is an excellent option for projects or transactions that require a high degree of https://www.indataroom.com/due-diligence-data-room-for-the-companies-progress/ security.
Other vendors use a per-gigabyte (GB) pricing structure, with prices between $60 to $77 per month. This is a great choice for projects with small text file sizes. It’s cheaper than other options, and it does not incur overage fees.
Some providers offer a model of licensing per user, which is ideal for teams with a small number of members. This pricing method isn’t suitable for larger projects because overage charges are charged when the number of licenses a person has exceeded an amount that is set.
Some vendors offer a combination of pricing structures. Their pricing plans are usually dependent on the industry and project needs of the company. Taking all of these factors into consideration will aid you in selecting the best virtual data room for your needs.