Due Diligence can be an important step when evaluating the risks involved, whether you’re buying or selling a business. This involves examining documents, examining financial statements, examining the procedures for compliance, and more. However, it can be time-consuming and requires the right skills to spot any red flags that you may not have noticed on your own. Using third-party due diligence software can help you save time and money as well as safeguarding your personal information.
Tech due diligence is focused on the company’s existing documentation that includes the architecture, integrations, technology solutions such as backup and recovery servers and development frameworks. This analysis can help you spot issues before they become problems further down the line. For instance, a thorough review of open source specifications could reveal security risks that could be present, as well as reveal whether a business is developing its products using the type of tools that can support scalable growth.
SS&C Intralinks, a proven due diligence tool, provides AI-based organization tools and easy management of files. It has 3.1 million registered users and executes over six thousand transactions each year. Cloud-based solutions provide central collaboration and communication tools like virtual data room as well as reporting. It also comes with security features for data like SSAE-16 Type II secure data centers as well as AES-256/SHA2 encryption. Customers include Pinnacle Foods and Starbucks. Its customer support is available via email or phone. This program is offered as a free trial. This software can be accessed from Windows, Mac OS X and iOS and Android devices.
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