Pricing is an important aspect in determining the worth of any service. It varies from vendor to vendor and depends on the nature of your business’s requirements. You can choose from per-page or per-user, storage capacity and flat monthly fee pricing models.
The per-page model is an annual subscription based upon the amount of documents processed via the virtual data room. This is a very rare option, but could be useful for businesses which exchange primarily textual documents. This option is priced between $0.40-$0.85 a page which is more expensive than the other options.
This kind of pricing is ideal for short projects with an exact or predetermined number of papers. This is also the best option if you use text files. Many companies offer discounts when this type of usage occurs. You’ll have to upgrade your storage for data when your data is huge.
Ensure you select a provider with an easy-to-use platform for the teams using it. Check for the „ease-of-use“ badge on review sites, and read user feedback. If the platform is complicated and confusing, your team will spend more time learning it and less digital storage as a strategic asset in mergers and acquisitions on working for your deal. Additionally, a difficult to use interface can lead to frustration and a lack of trust within the virtual data room. You can avoid this by checking the reputation of a company and taking a look at the features they offer in their base pricing plan.
