As M&A deals continue to drag on and more due diligence is required of prospective companies, the need for the use of a virtual data room is more vital than ever. However, deal parties are realizing that the initial virtual data room pricing quote often isn’t in line with the amount they pay for. In certain instances, the per-page or per-user price quoted may end up being a lot (and sometimes 10x) higher than the amount they originally anticipated. This discrepancy can be attributed to complicated pricing models and other features and services not required to complete the project.

Pricing models for virtual data rooms can differ widely, from charges based on pages used to periodic fees based upon storage capacity. This is why it’s vital to determine the exact scope of a project prior selecting a VDR solution. The number of users, the amount of www.douceandco.co.uk/ projects, and the length of the project are all factors that can affect the price of the virtual data room is going to cost.

Take into consideration your company’s needs and the benefits of the various products on the market before making the right decision. If you’re in need of integrating with existing systems in order to speed up your workflow or if 24-hour technical support for your staff is essential, the price of a product will increase.

A subscription plan is an excellent option for businesses that have different requirements or are unable to predict the future needs for data storage. This pricing model gives you an amount of storage that is fixed and unlimited users, in addition to the option of a flexible setup time that can be customized to your business’s requirements.