If you’re in search of a VDR to manage an M&A transaction or to work with colleagues on an enormous project, it’s essential to be aware of how much a virtual data space costs before you decide to sign up for one. Some providers charge based on the amount of storage or users required and some offer packages that are appropriate for any project.
Some VDRs provide an individual per-page or per-document cost structure. This type of fee can quickly increase for project managers working on complex and lengthy deals. These companies typically charge $0.40 to $0.855 for each document uploaded into the VDR.
Other VDRs employ a subscription-based pricing model, where customers pay a monthly cost to use the service. This is often cheaper than charging per user or per storage and helps project managers reduce the risk of unexpected costs.
Many VDRs nowadays use the flat fee pricing model. These plans include a base price and then additional fees for user access, storage and other features. These plans are great for most projects and are ideal for those who require an VDR to meet their most pressing business requirements.
Some vendors charge by the gigabyte. This is a viable alternative for those who have to store a limited number of text files and do not have a need for videos or audio files. The people who choose this method of pricing should be prepared to cover overages.