Virtual data rooms are becoming more crucial than ever before as M&A transactions are getting longer and the companies that are being targeted are required to conduct more due diligence. Deal parties discover that the initial quote they receive for a virtual data space often doesn’t match the final invoice. In some instances the price quoted per page or per user might be 10x higher than expected. This can be due to complicated pricing models and also to additional features and services not required for the project.

Pricing models for virtual rooms can be distinct that range from costs based on the number of pages used to recurring charges based upon storage capacity. It’s important to know the precise nature of your project before selecting the right VDR. The number of users, the amount of projects and the duration of an undertaking are all factors that could determine how much a virtual data room is going to cost.

To make the best decision, consider your business needs and the benefits international transactions of different products on the market. If you’re in need of integrating with your existing systems to speed up your workflow or if 24/7 technical support for your staff is essential then the cost of a product can increase.

A subscription plan is a good option for businesses that have various requirements or cannot anticipate future data storage needs. This pricing model gives you the storage capacity of a fixed amount and unlimited users, as well as an adjustable setup period that can be tailored to the needs of your business.