https://douceandco.co.uk/commercial-transactions-and-international-transactions/
If a company chooses to use a virtual information room there are two main aspects of the platform it requires: secure storage for documents and files and an easy access to team members. Based on the industry and project, the number of users and duration it is possible to choose different pricing options for the VDR including per-page pricing, per-user pricing, pricing for storage size or a fixed monthly cost.
Many vendors charge based on the gigabytes (GB). This pricing structure is great for projects with small text files, however it can be expensive for companies who exchange large audio and video files.
The cost of a VDR is also contingent on the administrative access granted to the system. Some providers allow unlimited admins which could make the platform more expensive. However, this feature streamlines work flows and can speed up due diligence.
Integration with other platforms, like Slack or Microsoft Office (for example), can improve the user experience and functionality. These features are typically more expensive than those that don’t integrate.
The length of a project can affect the cost of the data room. A provider will typically set a price for a specified number of months, and then charge monthly thereafter. Certain vendors, such as DealRoom offer discounts for M&A transactions, and will also provide the option of cancelling the contract once the transaction has been completed. This option is better for businesses who are not sure of the duration of the project.