The virtual data room pricing structure is an important factor that determines the value of a service. The pricing structure is different between vendors and depends on your company’s requirements. You can select between per-page, user storage capacity and monthly flat fee models.
The model of a per-page subscription involves an ongoing payment which is based on the amount of pages of documents processed by the virtual data room. It’s very rare in VDRs, but it could be a good choice for businesses that exchange a lot of small textual documents. This method can cost $0.40-$0.85 per page, which is more expensive than the other alternatives.
This kind of pricing is great for small projects that have an exact or predetermined number of documents. This is also the best option for those who utilize text files. Many providers offer discounts when this type of usage is observed. You’ll need to upgrade your data storage for large amounts of data.
Select a provider that offers an application that is simple to use for the teams who will be using it. Look for the “ease of use” badge on review sites and read customer feedback to see if people liked working with the platform. If the platform is complex, your team will have to spend more time on studying it instead of working on your plan. Additionally, a difficult to use interface can lead to frustration and a lack of trust in the virtual data room. You can avoid this situation by assessing the reputation of the vendor and also examining their basic pricing plan.
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