Data Room Price Comparison For M&A Transactions
There are numerous different models that data rooms employ to determine their pricing. Some data rooms charge per page, while others charge based on the size of the storage. Others charge a flat monthly cost. It is vital that M&A professionals are aware of the average VDR pricing for every pricing type to make informed choices regarding the most suitable vendor for their budget and requirements.
One of the more common methods to determine pricing is to base it on the amount of documents that are stored in the data room. This is a great option for teams that don’t need to be flexible with the sizes of files they can upload, but it won’t make sense for projects that require extensive collaboration.
Another method that vendors determine the price for the data room is taking into account the number of administrative users. This is a great option for teams with less requirements for collaboration and sharing documents, but it can be expensive for projects that require more sophisticated tools like security, visual analytics and collaboration.
Some vendors have a flat monthly fee, which is ideal for longer M&A transactions that may be a bit unpredictable in terms of timeframes and are difficult estimate. This pricing model is also good for companies that want to avoid the costs of scanning and uploading large quantities of physical documents. Another thing to think about with this model is whether the provider provides customer service in its pricing. For instance, some providers provide support via a dedicated coordinator on weekends and during non-working office hours, which is useful when working with time-sensitive documents.