The price of a virtual data room structure is a key factor that determines the value of a product. It varies between vendors and is contingent on the nature of your business’s requirements. You can choose between per-page or per-user storage capacity and flat monthly fee pricing models.
The per-page subscription model entails regular payments dependent on the number of pages of documents processed in the virtual data room. It’s not very common in VDRs however it could be a great option for companies exchanging predominantly small textual documents. The cost of this option could be as high as $0.40-$0.85 per page, which is greater than the other two options.
This pricing structure is ideal for projects that aren’t too long and have a certain number of pages. This is also the best option for those who utilize text files. Many companies offer discounts when this type of usage is observed. You’ll have to upgrade your data storage when your data is huge.
Ensure you select a provider with a user-friendly platform that is suitable for the teams that use it. Look for the “ease of use” badge on review sites and read the feedback of customers to see if people liked working on the platform. If the platform is confusing, your team will spend longer learning about it and less time working on your deal. A user interface that is difficult to use can also lead to frustration and a loss of trust in the virtual world. You can avoid this situation by assessing the reputation of a company and also examining their basic pricing plan.