Due diligence is a crucial element of any M&A. It helps buyers and sellers to avoid any unexpected obstacles during the deal and often results in higher valuations. However, conducting due diligence can be challenging and time-consuming if it involves using different systems and manually checking statuses and documents. Luckily, there are tools to streamline the process and allow you to keep track of your progress and organize.
The software offers an online dataroom and collaboration tools as also analytics and other tools that accelerate the M&A processes. It is compatible with every device and browser and can be used by teams of all sizes. It also includes an upload feature for documents that you drag and drop and supports more than 25 formats for files. Security of data is extremely high thanks to SSAE-16 Type II compliant datacenters and AES-256 encrypted. Customer service is available via phone, email and knowledge base.
The DD360 platform is powerful and secure, cloud-based platform designed for due diligence that provides business intelligence, automated processes, and a central repository for all your information and documents. Its features include a collaborative workspace, a data room virtual and eSigning capabilities. It also includes the risk assessment tool which can help you identify risks in your third party relationships.
Nexis Diligence is a subsidiary of LexisNexis and is the all-in-one software for due diligence for assessing the risk from third-party entities that work with your business. It is a searchable database of 82 billion records dataroom-technology.info/due-diligence-checklist-for-selling-a-business/ and enables you to monitor international and domestic sanctions including Politically Exposed Persons and other. It also lets you create auditable reports.
