Many investors and M&A advisors believe that all VDRs cost the same. But the truth is, virtual data room pricing structures differ significantly. Some use per-page, per-user and storage size pricing models, while others charge a monthly flat cost. You can save time and money by selecting the right pricing structure.
The flat-rate plan is most popular, with plans that range 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 as required. It is a great option for transactions and projects that require a high degree of security.
Other vendors utilize a per-gigabyte (GB) pricing structure that ranges from $60 and $77 per month. This is a great choice for projects with small text size files. It’s less expensive than other options and is free of overage charges.
Some providers provide a per-user model of licensing, which is best for teams that are restricted to a certain number of team members. This model of pricing is not suitable for larger projects, because overage charges are charged when the number of licenses exceeds the specified limit.
Some vendors offer a variety of pricing structures. The pricing plans they offer are often dependent on the industry and the project requirements of the business. Incorporating all of these factors into account will help you decide on the most appropriate virtual data room for your needs.