Pricing Options for a Virtual Data Room

When a company decides to make use of a virtual data room there are two main features of the platform require secure storage for its files/documents and easy access for team members. There are a variety of pricing options available for a VDR depending on the type of project size, industry, amount of users and length. This includes per-page pricing or per-user pricing.

Many vendors charge by the number of gigabytes (GB). This pricing model is perfect for projects with small text files, but can be costly for companies that exchange large audio and video files.

The cost of a VDR also varies based on how much administrative access is granted to the system. Certain providers permit unlimited admins, which makes the platform pricier; however it streamlines processes and speeds the process of due diligence.

Certain vendors allow integration with other commonly used platforms, such as Slack or Microsoft Office that improves the user experience and functionality. These functions are usually more expensive than those that don’t integrate.

The length of a plan can often influence the cost of a data room. A vendor will usually determine a cost for a certain number of months and then charge monthly thereafter. Certain vendors, like DealRoom, will offer discounts for M&A transactions and also offer an other option to end the contract after the transaction has been completed. This option is better for businesses that aren’t certain about the duration of a project.