How Much Does a Virtual Data Room Cost?

Data room costs can vary greatly depending on which virtual data room service you select. The cost-to-quality ratio is contingent on the features offered by a provider, how many users are using the system and whether you require advanced features to support due diligence, M&A, or project management. A great VDR should have analytics features that let an administrator monitor user performance and enable users to quickly locate the information they require. It should also support mobile devices, be easy to use and enable administrators to manage access to security.

Some companies charge between $0.40 and $0.855 per page for documents that have been scanned or uploaded. This is a good pricing plan for online deals that generate very few documents. It is also a reasonable cost for companies that exchange small text documents. If your projects exceed this limit, you may be confronted with high invoices or overage fees.

Other providers charge a flat monthly rate which is ideal for large projects that have a long timeframe. This arrangement typically provides unlimited users, pages and storage and is typically between $400-$1,000 per month. FirmRoom, for example, charges a flat monthly fee that covers unlimited users and storage capacity for an annual contract.

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