How to Make a Data Room Price Comparison
Pricing is a crucial factor in determining the value of a service. The pricing structure is different among vendors and is contingent on your company’s requirements. You can choose from per-page, per-user, storage capacity and flat monthly fee pricing models.
The per-page model entails a recurring subscription based on the number of document pages processed by the virtual data room. It’s a rare option in VDRs but it can be a good choice for companies that trade mostly small textual documents. This option is priced between $0.40-$0.85 a page which is more expensive than other alternatives.
This kind of pricing is great for short projects with an unambiguous or fixed number of pages. It’s also the best choice if you work using text files, as many providers offer discounts for this use case. You’ll need to upgrade your storage for data when your data is huge.
Ensure you select a provider with a user-friendly platform that is suitable for the teams that use it. Find the “ease-of-use” badge on review sites and look up customer feedback. If the system is complex your team will be spending more time figuring it out and less time working on your deal. An interface that is difficult to use for users can also lead to frustration and a loss of confidence in the virtual space. You can avoid this by examining a vendor’s reputation and taking a look at the features that are available in their pricing plan base.