Due diligence is an essential part of any M&A process. Due diligence can help vendors and buyers overcome unexpected roadblocks and result in higher valuations. Due diligence can be a time-consuming and time-consuming if you have to go through various systems and manually review statuses and documents. There are a variety of tools that can streamline the process and help you stay on track and organized.
This software offers an online data room, as well as collaboration tools, in addition to analytics and other tools to accelerate the M&A process. It is compatible with every device and browser and can be used by teams of any size. It also comes with a drag-and-drop document upload feature and supports more than 25 formats for documents. The security of data is high and comes with SSAE-16 Type II compliant data centers and AES-256 encryption. Customer service is available via email, phone or an online knowledge base.
DD360 is a robust and secure cloud-based due diligence platform that gives business intelligence, automated workflows and a central repository for all your documents and information. Its features include a collaborative workspace as well as a virtual data room communication, eSigning, and data room capabilities. It also includes the risk assessment tool which can help you identify the risk in your third party relationships.
Nexis Diligence, a subsidiary of LexisNexis is the all-in one due diligence software that assesses the potential risks posed by people and third party entities who interact with your company. It has a broad searchable database of 82 billion records and allows you to track international and domestic sanctions as well as Politically Exposed Persons and other. It also allows you to make auditable reports.