Due diligence is a process that is vital in business. It allows you to assess the risks associated with the deal prior to closing it. It requires a thorough examination of the company’s financials as well as other data. This can be achieved by conducting research, analysing the data and talking to the company’s executives. It is therefore crucial to select the right platform to help complete your due diligence process. Online, there are many due diligence platforms. Some are simple and user-friendly, while others offer advanced features.

SS&C Intralinks is one of the most well-known platforms for due diligence. It provides a variety of modern tools to manage the process. They provide the virtual dataroom with collaboration and automation capabilities including Q&A routing, more. They are also very secure and come with security that is bank-grade. They are able to handle an array of formats for files. They also work in multiple languages and have an excellent mobile application.

Other features on the platform include drag and drop file upload, search in full text collaboration and annotative features. You can also set up user roles and restrict access to specific documents. They also provide detailed reporting and audit trails.

In contrast to other due diligence tools, this platform lets you track development patents and their status. It also tracks open-source components and update them frequently. It also offers a private and secure workspace, which is perfect for projects that involve clients. This lets you keep your team members working comfortably, with real-time transparency and access.

https://dataroom-technology.info/due-diligence-checklist-for-selling-a-business