If you’re purchasing or selling a business, performing Due Diligence is a crucial step to evaluate the potential risks. This includes examining documents, auditing financial reports as well as checking compliance processes, etc. However, it is long and takes expertise to see any red flags that you may not notice on your own. Third-party due diligence software can save you time and money, while protecting your confidential data.
Tech due diligence is a method that analyzes the existing documentation of a company, including its structure, integrations, tech solutions servers, backups, and development frameworks. This analysis can help you pinpoint issues before they become a problem down the road. A look at open-source specifications can reveal possible security risks and if a firm is developing their products using tools that support the expansion of their product in a scalable manner.
SS&C Intralinks is an established due diligence software that is easy to use file management, as well as AI-based organizational and analytical tools. It has over 6000 transactions and 3.1 million registered users. Its http://vdrservices.info/investment-banks-and-their-buy-side-management-teams/ cloud-based service provides centralized communication and collaboration tools including virtual data rooms as well as reporting. It also offers security features that protect data such as SSAE-16 Type II compliance data centers and AES-256/SHA2 encryption. Customers include Pinnacle Foods and Starbucks. Customer service is available by phone and email. The software is available for a free trial. The program can be accessed via Windows, Mac OS X and iOS and Android devices.