Many investors and M&A advisors assume all VDRs cost the identical. However, the reality is that pricing models for virtual data rooms vary greatly. Some utilize per-page, per user, and storage size pricing structures, while others charge a monthly flat fee. Choosing the right pricing structure will help you get most value for your money, and also save time and effort by eliminating manual tasks.
The flat-rate model is the most sought-after option and providers offer plans that range from $400 to $1,000. This approach typically includes a fixed number of users and a set amount of storage space and allows additional space and users to be added at any time. This is a good choice for projects or transactions that require a high level of security.
Other vendors use a per-gigabyte (GB) pricing structure, with prices between $60 to $77 per month. This is a good alternative for projects with smaller text file sizes as it is more cost-effective than other options and eliminates overage fees.
Some providers provide a per-user model of licensing that is ideal for teams that are limited to a set number of team members. This model of pricing may not be appropriate for large projects since the cost of overage will be due if the number licenses is exceeded.
Certain vendors offer a combination of these pricing models, and their pricing plans usually depend on the industry of the company and project requirements. You can select the most suitable virtual dataroom by weighing all these aspects.