Pricing is an important factor in determining the value of any service. It differs among vendors and is contingent on the nature of your business’s needs. You can choose between per-page or per-user storage capacity and flat monthly fees pricing models.

The model per page is the recurring payment based on the amount of pages that are processed by the virtual information room. This is a fairly unusual option, but it can be useful for companies who exchange mostly data room services aiding in risk assessment and management small textual documents. The cost of this method can range from $0.40-$0.85 per page, which is a bit more than the other two options.

This type of pricing is ideal for projects that are short and have an unambiguous or fixed number of documents. This is also the best option if you make use of text files. Many companies offer discounts when this kind of usage occurs. You’ll have to upgrade your storage for data in case your data is massive.

Select a vendor that has a user-friendly platform for the teams using it. Find the “ease-of-use” badge on review sites, and read user feedback. If the platform is difficult, your team will have to spend more time learning the platform instead of working on your proposal. A user interface that is difficult to use can also lead to frustration and a loss of trust in the virtual room. You can avoid this scenario by examining the reputation of a vendor and also examining their basic pricing plan.