The cost of a virtual data space can vary greatly based on the provider you choose. The cost-to-quality ratio depends on the features provided by a provider, how many users are using the system and whether you need advanced functionality to aid due diligence, M&A, or project management. A quality VDR should have analytics capabilities that let an admin view user performance and let users quickly locate the information they require. It should also be compatible with mobile devices, be easy to use, and permit administrators to control access to security.
Some providers charge between $0.40 and $0.855 per page for documents that are scanned or uploaded. This is a great fee schedule for online deals that generate only a few documents. It’s also a reasonable cost for businesses that exchange only small text files. If your projects exceed the limit, you could be faced with high invoices or overage charges.
Other vendors charge a flat monthly rate which is ideal for projects with long timelines. This model typically allows for a certain amount of storage, unlimited pages https://www.indataroom.com/ideals-vs-clinked-virtual-data-room and users, and typically ranges between $400 and $1000 per month. FirmRoom charges a flat fee per month, which includes unlimited users as well as storage capacity for an annual contract.