www.douceandco.co.uk/how-to-handle-commercial-transactions/
If a company decides it is interested in using a virtual room, they need two main features that are highly secure storage of its files/documents, and easy access for team members. Based on the type of industry and project in terms of the number of users and duration of the project, there are a variety of pricing options for a VDR like per-page pricing, per-user pricing pricing based on size of storage or a monthly flat cost.
Many vendors charge by the number of gigabytes (GB). This pricing model may work well for projects with smaller text file sizes but can be expensive for companies that are exchanging large video or audio files.
The price of a VDR also varies based on the amount of administrative access is granted to the system. Certain providers allow unlimited admins, making the platform pricier; however it streamlines workflows and can speed up due diligence.
Integration with other platforms, like Slack or Microsoft Office (for example), can improve functionality and user experience. These options are generally more expensive than those that do not integrate.
The duration of the project will usually influence the price of a virtual data room, because a service typically offers an initial price for number of months, and then charges per month after that. Certain vendors, such as DealRoom offers discounts for M&A transactions, and offer the option of cancelling the contract once the transaction is completed. This is a great option for businesses that are not sure of how long their project will last.
