17
Sep

Loopio – M&A Due Diligence Software

M&A diligence was a process in which lawyers would look through a plethora of papers in order to assess the performance and operations of sellers. Modern tools give lawyers and other dealmakers the ability to perform their analyses with a speed and efficiency that was previously impossible.

Tech Due Diligence

In the age of cybersecurity and GDPR regulations performing due diligence on tech is vital to the health of a business. In order to conduct thorough tech due diligence, it is essential to evaluate the security of a software firm and make sure that they’re compliant. It also involves analyzing potential of the intellectual property portfolio of the company and identifying any potential violations.

In the process of acquiring a company it is crucial to comprehend the financial structure of a business and ensure that all parties are on the same page on expectations. A thorough due diligence process can reveal issues such as overstated net operating losses, unreported tax obligations, non-filing liabilities, tax on payroll as well as sales and use tax, and property taxes.

During the due diligence process, it’s essential to have a clearly defined plan for gathering and sharing all necessary information. A set of playbooks, which 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 workspaces and team workspaces features help teams stay focused on their work and avoid getting distracted by other tasks.

https://sqsapps.com/intelligent-interactive-multimedia-systems-and-services