When it concerns virtual data rooms price structures, there are a variety of methods that vendors can employ. Most of them offer a base price with additional charges dependent on features and storage. Some of them offer the opportunity to try a trial for free to make sure the software can be used in conjunction with a project or a deal.
The pricing model for page uploads is among the easiest virtual pricing models for data rooms. It’s a dated model which dates back to when M&A professionals were required to bring documents manually for copying to providers onsite. This can result in extremely high bills after a project is completed, and it’s not ideal for companies that trade large text files.
Another method is to charge per GB of storage capacity. This method is perfect for small projects that have limited storage requirements. It’s worth noting that it is more expensive than other options, particularly when you have to store audio or video files.
Another model of pricing for virtual data rooms is charging by the number administrators. This is a good option for companies with a small number of staff members to manage the platform. Some vendors offer tariff plans that have a predetermined number of administrator licenses. In addition, adding more costs extra. Some vendors also charge more for privacy and security options, such as redaction, multi-factor authentication https://dataroompro.info/simplified-access-and-boosted-data-security-with-single-sign-on-feature-in-data-rooms/ watermarks, or remote shred. Additionally, some virtual data rooms also provide customer support as part of their pricing structure.