The cost of data rooms can vary dramatically based on the data room service you select. The cost-to-quality ratio is contingent on the features provided by the vendor, how many users are using the software and whether you require advanced features to aid due diligence, M&A, or project management. A good VDR should have analytics features that let an admin view user performance and allow users to swiftly find the information they need. It should also be compatible with mobile devices, be simple to use and enable administrators to manage security access.
Some providers charge between $0.40 to $0.855 per page for documents scanned or uploaded. This is a great fee schedule for online deals that produce only a few documents. It is also a reasonable price for companies that exchange small text files. If your projects go over the limit, you could be confronted with high invoices or overage fees.
Other providers charge a flat monthly rate, which can be ideal for large projects with lengthy timelines. This structure typically allows for a certain amount of storage as well as unlimited pages and users, and typically ranges between $400 and $1000 per month. FirmRoom charges a flat rate per month that covers unlimited users as well as storage capacity, with an annual contract.