It is crucial to think about not only the cost of the data space but also its capabilities. A full-featured VDR for instance, will cost more than one that is more basic, but it may have advanced features, such as auditing capabilities, the ability to recover documents, and many more. Additionally, an online workspace that offers many security features like two-factor authentication, watermarking and a secure remote working environment is more expensive than one that offers basic file sharing.
The scope of the project can directly affect the cost of virtual data rooms. Some providers provide unlimited storage and users which could be beneficial for large projects with a long deadline. Some providers charge an annual subscription fee that can be lower or more expensive depending on the size or number of users.
Some vendors offer packages based on the number of documents that are uploaded to the platform. The prices range from $0.40 to $0.8 per page. This option could be beneficial for smaller projects that require only a limited number of documents. But, it’s usually worthwhile to compare prices for per-user and per-GB options that will provide greater flexibility.
When evaluating prices for data rooms be sure to take into consideration the integration of the software, the quality of the customer service and the level of security it offers. Virtual data rooms that are most secure are ones that have a focus upon the privacy of users, and feature features like granular settings for permissions, multi-level encryption, as well as robust auditing abilities.