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Many investors and M&A advisors assume all VDRs cost the same. But the truth is, the pricing structures for virtual data rooms differ widely. Some employ per-page, user, and storage size pricing models, while others have a flat monthly cost. You can save time and money by selecting the appropriate pricing structure.
The flat-rate model is the most well-known option and providers offer plans which range from $400 to $1000. This type of plan typically comes with a set number of users, a certain amount of storage, and the ability to add additional users or space as needed. This is a great choice for projects or transactions that require a high level of security.
Other vendors charge per gigabyte (GB) for their services, with prices ranging between $60 and $77 per month. This is a great option for projects with smaller text size files. It’s cheaper than other options, and it does not incur overage fees.
Some providers offer licensing per user, which is ideal for teams with a small number of members. This pricing method isn’t ideal for larger projects, because overage charges are charged when the number of licenses used 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 company. You can select the best virtual dataroom by considering all these factors.
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