Whether you’re buying or selling a business, performing Due Diligence is an important step in assessing the risk. This includes examining documents, auditing financial reports, checking compliance procedures, etc. It can be time-consuming and it requires expertise to identify red flags that you may not have spotted on your own. Using third-party due diligence tools can help you save time and money, while also safeguarding your personal information.
Tech due diligence is a procedure that looks at the existing documentation of a business, including its technology, architecture, integrations, solutions, servers, backups, and development frameworks. This analysis can help you pinpoint issues before they become problems further down the line. A review of open-source specifications can uncover potential security risks and if a company is developing its products with tools that support scalable expansion.
SS&C Intralinks, a proven due diligence software, comes with AI-based organization tools and easy management of files. It has 3.1 million registered users and executes over 6,000 transactions per year. Cloud-based solutions provide http://vdrservices.info/investment-banks-and-their-buy-side-management-teams/ centralized communications tools such as virtual data rooms, reporting and more. It also has data-security features like SSAE-16 Type II compliance data centers as well as AES256/SHA2 encryption. Customers include Pinnacle Foods and Starbucks. Customer service is available by phone and email. The software is free. It can be accessed on Windows, Mac OS X, and Android/iOS mobile devices.