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If you’re responsible for providing due diligence services and want to lessen the burden on participants in the project, using a virtual data space could be the ideal solution for your business. There are numerous providers on the market, so selecting the right one can take time and effort. It is important to ensure that you select one with a user-friendly interface that is in line with your business and is simple for everyone in your group to use.

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A well-structured folder structure is a different way to enhance due diligence. This involves creating main folders that are associated with a particular type of file, level of confidentiality, or project stage and subfolders to further divide files into easily-navigable sections. Choose a service that has auto-numbering and indexing features to keep the structure as well organized as possible.

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