M&A diligence used to be a process in which lawyers would sift through piles of papers to assess the operations and performance of the seller. Modern tools give lawyers and other dealmakers to perform their analyses with a speed and efficiency previously impossible.
Tech Due Diligence
In the midst of cybersecurity threats and GDPR regulations, performing due diligence on technology is essential for the health of your company. A proper due diligence process for tech involves evaluating a software firm’s security and ensuring that they’re conforming to GDPR regulations. It also examines the extent and strength of the company’s intellectual property, as well as identifying any potential issues.
In the course of an acquisition, it’s vital to understand the financial structure of a company and ensure that all parties agree on expectations. A thorough due diligence exercise can reveal issues like overstated net operating losses, not reported tax liabilities, non-filing exposures tax on payroll, sales and use taxes and property taxes.
During the due diligence process it is important Our site to have a plan for collecting and sharing all relevant information. A set of playbooks, that can be used throughout the process by teams helps to keep everyone on the right track and ensures that everyone is on the same page. Loopio’s collaborative workspace and team workspace features are ideal to accomplish this goal, allowing teams remain focused on their responsibilities and not get distracted by other tasks.
