Due diligence is an essential part of any M&A process. It helps buyers and sellers avoid roadblocks that might arise during the deal and often can result in higher valuations. However conducting due diligence can be challenging and time-consuming if you are searching through multiple systems and manually checking statuses and documents. There are tools that simplify the process and allow you to keep track of your progress and organize.
This software offers a virtual data room and collaboration tools, as well as analytics and other tools to accelerate the M&A process. It is compatible with every device and browser, and is suitable for teams of all sizes. It also includes an upload feature for documents that you drag and drop and supports 25+ formats for files. Security of data is extremely high with SSAE-16 type II compliance datacenters and AES 256 encrypted. Customer service is available through email, phone, and a knowledge base.
The DD360 platform is powerful and secure cloud-based due diligence platform which provides business intelligence, automated workflows and a centralized repository for all of your documentation and information. Its features include a collaborative workspace and a virtual data room as well as eSigning and communication capabilities. It also comes with a tool for risk assessment that can help you determine risks in your third party relationships.
Nexis Diligence is a subsidiary of LexisNexis and serves as the all-in-one due-diligence software to evaluate any risk from the people and third-party entities that interact with your business. It includes a large searchable database of 82 billion records. It allows you to track the sanctions that are imposed on your country and globally and political Exposed Persons and other. It also allows you to make auditable reports.