www.thedailyvdr.com/how-much-does-a-virtual-data-room-cost/
Virtual data rooms are platforms for secure file storage, exchange and management that provide advanced features in document management. They also offer integrated capabilities for project governance. This lets teams simplify communication and delegate tasks and track the progress of their projects. This means they can improve productivity and performance across the entire organization. A virtual data room can be costly based on the pricing policy of the vendor. Some vendors charge per page or storage fees, while others charge flat monthly fees.
Many VDRs still adhere to a per-page pricing structure, which can be very expensive for large projects that have a lot of documents. This pricing model costs between $0.40 to $0.85 per page. This is ideal for smaller projects that have a predetermined number of pages, and don’t require large storage space.
Some vendors restrict the amount of storage to a particular fee, and charge an additional fee for any excess. This is a great alternative for smaller projects with only a small amount of storage, as it will reduce the initial setup costs as well as monthly subscriptions. However, this pricing plan may be difficult to scale up as the data room grows.
Other providers may offer an amount fixed at a cost that is dependent on the project’s size and length. They might also offer flexible storage that is based on the project’s requirements like unlimited GB or a fixed rate per month. This is a great way to reduce the risk of unexpected charges and to avoid overage charges.