Virtual data rooms enable to store and exchange important files. They’re used by companies the world over to support critical transactions, bolster compliance initiatives, and provide security that’s bank-grade. The value of data is growing, and so is the need for businesses to protect it. Fortunately modern VDRs are designed to help companies keep their private information safe from cyber fraudsters and malicious hackers.

However, many businesses are unsure of the pricing structure of data room services and how to compare one provider’s plans to another. Users may find it difficult to compare data room pricing plans that range from buffets with fixed prices to menus that resemble cordon bleu.

The first step in assessing the cost of data rooms is to determine what your business requires. Do you require a simple way to share and save documents safely or do you require advanced features like document indexing, virtual question and answer capabilities, or integrations with other tools for business? Once you’ve got a good understanding of your business needs, you can start evaluating the prices-to-quality ratios offered by various providers.

Per-page pricing

Some data storage providers charge monthly fees based upon the number of documents uploaded. This model can be cost-effective for smaller projects, however it could quickly escalate as the number of documents grows. Some providers provide a predetermined number of pages for documents and charge extra for additional documents, whereas others allow users to upload unlimited pages. Certain providers allow a set amount of storage space and only charge for large text files.