Not too long ago, M&A due diligence meant lawyers having to sift through piles of papers to analyze the activities of a seller. Modern tools give lawyers and other dealmakers the Read Full Report ability to carry out their analyses at a speed and efficiency previously unattainable.

Tech Due Diligence

In a world of cybersecurity threats and GDPR regulations, executing tech due diligence is crucial for the health of your company. A thorough due diligence process in tech involves evaluating a software business’s security and ensuring that they are conforming to GDPR regulations. It also includes analyzing the quality of the company’s intellectual property portfolio, and identifying any potential infringement issues.

When acquiring, it’s vital to understand the financial structure of a business and make sure that all parties are in agreement on expectations. A thorough due diligence process can reveal problems like understated net operating losses, unreported tax liabilities, non-filing exposures, payroll taxes, sales and use taxes, and property taxes.

During the due-diligence process it is essential to have a plan for gathering and sharing all relevant information. A set of playbooks, which can be used throughout the process by teams helps keep everyone on the right path and ensures that everyone is on the same page. Loopio’s collaborative workspace and team workspace features are ideal to accomplish this goal, allowing teams to stay focused on their work and not get distracted by other tasks.