During the course of an M&A or due diligence process the deal teams are required to exchange sensitive documents with outside parties. Virtual data rooms offer a simple way to securely store and share this information with the stakeholders. However many businesses are struggling to comprehend the various pricing models that exist for VDR services. This article will help clarify the data room pricing process by describing different pricing structures and defining the factors which affect the cost.
The pricing structure per page is one of the most diverse pricing structures among vendors. Some vendors charge $0.40 to $0.85 per page. This could quickly increase for large projects. Some vendors offer a subscription model that provides a set amount of storage space, with the option of adding more GBs for an additional cost. This is an excellent option particularly in the event that the number of participants in your project is well-known.
Other vendors base their pricing on the number of gigabytes the room uses. This is costly for companies that trade audio or video files, but it’s a good choice for smaller text files. Other providers allow a specific number of GBs or a range and charge overages, which can be as high as $75 per GB.
Still others charge flat monthly fees, which can range from $400 to $1000 a month, depending on the vendor. This fee typically includes a fixed number of admins, users, projects and storage capacity. This method is thought to be the easiest and predictable because it lets teams focus on their deal without worrying about data charges or user fees. overage charges.