Vendors may employ different strategies to charge for virtual data rooms. Most of them require an upfront fee that is accompanied by additional charges that are based on features, storage, duration of use and more. Some of them offer a trial period for free to ensure the product will work with your project or a deal.

One of the most basic virtual data room pricing models is per page upload. It’s a rather outdated model which dates back to when M&A professionals needed to bring documents manually for copying to the providers on-site. This can result in expensive charges after a project has been completed, and isn’t suitable for companies that exchange large text documents.

Another option is to charge per GB of storage capacity. This discover this info here https://boardroompro.blog/flexible-performances-with-virtual-data-rooms/ method is ideal for small projects that have limited storage requirements. It is worth noting that this method may be more expensive than other options, particularly when you’re looking to store audio and video files.

Other popular virtual data room pricing models involve charging by the number of administrators that is a good choice for companies that have a smaller amount of employees managing the platform. Some vendors offer tariff plans that have an established number of administrator licenses. Adding more will cost you extra. Some vendors charge higher fees for security and privacy features like multi-factor verification and watermarks, as well as remote shredding. Some virtual data rooms include the support of customers as part of their price.