Due diligence is a crucial part of any M&A. Due diligence helps buyers and vendors overcome unexpected roadblocks and lead to higher valuations. However, conducting due diligence can be difficult and time-consuming when it involves searching through multiple systems and manually checking statuses as well as documents. There are tools to simplify the process, and keep you on track.
The software includes a virtual dataroom and collaboration tools as well as analytics, and other tools to speed up the M&A processes. It can be used by any team and is compatible with all devices and browsers. It supports more than 25 types of files and comes with the ability to upload documents using a drag-and-drop feature. Its data security is high and comes with SSAE-16 Type II compliant data centers and AES-256 encryption. Customer support is offered by phone, email or a knowledgebase.
The DD360 platform is a powerful, secure, cloud-based platform for due diligence that provides business intelligence, automated processes, and an integrated repository for all your information and documents. Its features include a collaborative workspace, a data room virtual communication, eSigning, and data room capabilities. It also comes with a risk assessment tool that helps you to identify the risks associated with your relationships with third parties.
Nexis Diligence is a subsidiary of LexisNexis and serves as the all-in-one due-diligence software to assess any risk that could arise from third-party entities that interact with your business. It is a database of more than 82 million records that can be searched. You can monitor domestic and international sanctions as well as Politically Exposed Persons and much more. It also enables you to make auditable reports.
