Due diligence is a vital aspect of any M&A. Due diligence can help buyers and vendors avoid unexpected roadblocks and can result in higher valuations. However conducting due diligence can be difficult and time-consuming if it involves searching through disparate systems and manually checking statuses as well as documents. There are tools to streamline the process and help you stay on track and organized.
The software provides an online data room, as well as collaboration tools, in addition to analytics and other tools to speed up the M&A process. It works with any device and browser, and is suitable for teams of any size. It also comes with an upload feature for documents that you drag and drop and supports a variety of file formats. The security of data is high, with SSAE-16 Type II compliance data centers and AES-256 encryption. Customer support is available via telephone, email and a knowledge base.
The DD360 platform is powerful and secure cloud-based due diligence platform that offers business intelligence, automated workflows, and a centralized repository for all of your documentation and information. Its features include collaboration tools, a virtual data room as well as e-Signing and communication capabilities. It also includes an assessment tool for risk, which helps you identify the risks in your relationships with third parties.
Nexis Diligence is a subsidiary of LexisNexis and serves as the all-in-one software for due diligence to evaluate any risk from the people and entities that interact with your business. It has why not try this out an extensive database of 82 million records that can be searched. You can track domestic and international sanctions as well as politically Exposed Persons and many more. It also lets you make auditable reports.