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Pricing Options for a Virtual Data Room

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If a business decides to make use of a virtual data room it is important to consider two primary features of the platform need to be secure storage for documents or files and the ability to access them for team members. There are various pricing options for a VDR based on the project, industry, amount of users and length. These include per-page pricing or per-user pricing.

Many vendors charge by the gigabytes (GB). This pricing structure can be suitable for projects with relatively small text file size but can be costly for companies that are exchanging large audio or video files.

The price of a VDR is also dependent on the amount of administrative access is granted to the system. Certain providers permit unlimited admins. This makes the platform more expensive. However it streamlines workflows and speeds up due diligence.

Some vendors allow integration with other widely used platforms, such as Slack or Microsoft Office which enhances the user experience and functionality. These options are typically more expensive than those without integrations.

The duration of the project will usually determine the cost of the virtual data room because a service typically offers an initial price for period of time and then charges month-to-month after that. Some vendors, like DealRoom offer discounts on M&A deals and let you terminate your contract after the deal is completed. This option is more beneficial for companies who aren’t certain of how long a project will last.

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