In the past, M&A due diligence meant lawyers sifting through piles of paper to assess the operations of a seller. Modern technology gives lawyers and other dealmakers to perform their analyses with speed and efficiency that was previously unattainable.

Tech Due Diligence

In an age of cybersecurity and GDPR regulations performing due diligence on tech is vital to the success of a company. In order to conduct thorough tech due diligence, it is necessary to assess the security of a software company and ensure that they are in compliance. It also includes analyzing the strengths of the company’s intellectual portfolio and finding any possible violations.

In the process of acquiring it is crucial to understand the financial structure of a business and ensure that all parties are on the same page with respect to expectations. A thorough due-diligence exercise can identify issues like overstated net losses, unreported taxes liabilities, non-filing risks taxes on payroll, and sales and use tax.

During the due diligence process it is important to have a plan in place for gathering and sharing all relevant information. A www.sqsapps.com/pi-toolbox-user-guide set of playbooks, that can be utilized throughout the process by teams helps to keep everyone on the right track and ensures that everyone is on the same page. Loopio’s collaborative workspace and team workspace features are perfect for this purpose, helping teams remain focused on their work and avoid getting distracted by other tasks.