When you’re buying or selling a business, completing due Diligence is a vital step in evaluating potential risks. This process includes inspecting documents, auditing financial reports as well as checking compliance processes, etc. However, this is laborious and requires expertise to spot any red flags that you may not be able to spot on your own. Using third-party due diligence tools can help you save time and money, while also protecting your confidential information.
Tech due diligence concentrates on the documentation that a company has, including the architecture, integrations, tech solutions such as backup and recovery servers and development frameworks. This analysis can help you pinpoint issues before they cause problems in the future. For instance, a study of open source specifications can uncover potential security risks, as well as reveal the extent to which a company is developing its products with the kind of tools that can support scalable growth.
SS&C Intralinks, a proven due diligence software, comes with AI-based tools for organization and simple management of files. It has 3.1 million registered users and performs more than 6000 transactions annually. Cloud-based solutions offer central communication and collaboration tools including virtual data rooms reports, and more. It also comes with data security features like SSAE-16 Type II compliance data centers and AES256/SHA2 encryption. Customers include Pinnacle Foods and Starbucks. The company’s customer support is available via phone and email. This software offers a free trial. This software can be accessed via Windows, Mac OS X and iOS and Android devices.