There are a variety of factors to consider when choosing the right virtual dataroom for your M&A project or investment banking project. These include costs, capabilities and security. Many vendors have different pricing models that affect the total cost of the virtual dataroom. Understanding the pricing model will assist you in choosing the right one to save money while getting more features for your virtual data room.
The type of file storage you’ll need in your VDR will also have a significant effect on the cost you pay for a virtual data room. Some providers charge by the page (with additional charges if the limit is exceeded) however, others offer fixed prices that are comparable to internet and cell phone subscriptions. Still others are charged by the number of users or the amount of data stored. It is important to ensure that you get the greatest price for your money, regardless of the amount your data storage space costs.
A flat-rate pricing model is generally believed to offer the most value. This type of pricing model has an annual fee that covers a specific amount of cloud storage as well as a specific number of users. It’s perfect for large-scale projects with long timelines as well as companies that handle multiple deals at the same time.
www.thedailyvdr.com/secure-online-document-exchange-how-virtual-data-rooms-simplify-due-diligence
