When selecting a virtual data room, you’ll see several pricing structures to select from. These include per-page charges, user fees, pricing for storage sizes and flat monthly fees. These charges differ from vendor to vendor, but can range from a few hundred to thousands of dollars per year for advanced virtual data room.

The per-page fee which ranges between $0.40 and $0.85, is ideal for small projects that read what he said require a certain number of documents. However, this pricing structure can quickly add up for large projects. It can also lead to large overage charges and high invoices. FirmRoom offers flat-rate pricing which allows deal teams to concentrate on their work and negotiate a fair price.

Another approach to pricing for data rooms is to provide a fixed price for a specified amount of time and then charge a monthly fee after that. This is ideal for companies that don’t know exactly the time frame their transaction will take, but it can be an extremely risky option for M&A transactions, which frequently end up taking longer than expected. Additionally, free virtual data rooms aren’t always reliable, because they don’t have an income stream to help with customer service. If there is a downtime your team could face unexpected costs and loss in productivity. The right data room cost will save your company from unnecessary costs making your deal more profitable.