The virtual data room pricing structure is one of the major factors that determines the value of a product. Pricing structures vary between vendors and is dependent on your specific data room services aiding in risk assessment and management business needs. You can choose between per-page, user, storage capacity, or flat monthly fee models.
The per-page model is an ongoing subscription based on the number of document pages processed by the virtual data room. This is a fairly uncommon option, but it could be useful for companies that deal with primarily textual documents. This option is priced between $0.40-$0.85 a page which is more expensive than the other options.
This pricing model is perfect for projects that are short and have a set number of pages. This is also the best option for those who utilize text files. Many providers offer discounts when this kind of usage is observed. The downside is that you’ll have to upgrade the data storage in case you have a large quantity of data.
Choose a company that has an application that is simple to use by the teams that will be using it. Check for the “ease-of-use” badge on review sites and read customer feedback. If the platform is complicated, your team will have to spend more time understanding it, rather than working on your plan. Additionally, a difficult to use interface can lead to frustration and a lack of trust within the virtual data room. You can prevent this from happening by checking the reputation of the vendor and looking at the features they offer in their pricing plan base.
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