It is important to take into consideration not just the price of the data room but also its capabilities. For comparing data rooms pricing instance, a fully-featured VDR will cost more than a simpler one, but could also contain advanced features like document recovery, auditing capabilities and more. A secure online workspace with features such as two-factor authentication, document recovery and watermarking will cost more than a VDR which only provides basic file sharing.
The scope of a project will also have an influence on the cost of the virtual data room. Some providers offer plans that allow unlimited storage and users, which could be beneficial for large-scale projects with a lengthy timeline. Others however, charge a monthly fee which may be lower or higher depending on the size the business or the number of guests.
Some vendors offer packages based on the amount of documents that are uploaded to the platform. The costs vary between $0.40 to $0.8 per page. This option could be beneficial in smaller projects that contain the same or a small amount of documents. It is worth comparing the costs of per-user and per GB options to get a better deal.
When evaluating data room prices it is important to consider the integration of the service as well as the quality of customer support and the level protection it provides. Virtual data rooms that are the most secure are those with a strong focus on the privacy of users and feature features like granular settings for permissions, multi-level encryption, as well as robust auditing capabilities.
