The virtual data room pricing structure is an important factor that determines the value of a product. The pricing structure varies between vendors and is dependent on your company’s requirements. You can choose between user-per-page, per-page storage capacity, and flat monthly fee models.
The per-page subscription model involves a recurring payment dependent on the number of pages of documents processed by the virtual data room. It’s a rare option in VDRs but it can be a good option for companies exchanging predominantly small textual documents. The cost of this option can be anywhere from $0.40-$0.85 per page, which is a bit more than the virtual data room for simplicity other two options.
This type of pricing is ideal for short projects with a clear or set number of pages. It’s also the best option when working with text files, as many companies offer discounts for this particular use. The drawback is that you’ll have to upgrade the data storage in case you have a large volume of data.
Ensure you select a provider that has a user-friendly platform for the teams using it. Check for the “ease-of-use” badge on review sites and read the customer feedback. If the platform is difficult your team will have to spend more time learning the platform instead of working on your plan. A difficult-to-use user interface can also lead to frustration and a loss of trust in the virtual world. You can avoid this by examining the reputation of the vendor and looking at the features available in their pricing plan base.