Comparing Data Room Pricing

It is important to take into consideration not only the cost of the data room, but also its features. A full-featured VDR, for example will cost more than one that is simpler however it will have advanced features, such as auditing capabilities, the ability to recover documents and many more. A secure online workspace with features such as two-factor authentication, document recovery and watermarking will cost more than one that offers only basic file sharing.

The size of a job can also have a direct impact on the price of a virtual data space. Some providers provide unlimited storage and users, which can be useful for large projects with a long timeframe. Others charge a monthly cost that could be higher or lower dependent on the size of the company or the number of guests.

Some vendors also offer packages determined by the number of documents that are uploaded to the platform which can cost anywhere between $0.40 to $0.85 per page. This is a good option for smaller projects with an unspecified or limited amount of documents. It’s worthwhile to compare the costs of per-GB and per user options to get the best price.

Other aspects to take into account when evaluating data room pricing include integration and the quality of customer support and the level of security offered by the solution. Virtual data rooms that are most secure tend to be ones that are focused on the privacy of users and offer features like the ability to customize permissions in a way that is granular, multiple levels of encryption, and strong auditing capabilities.

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