Not too long ago, M&A due diligence meant lawyers having to sift through piles of paper to assess the activities of a seller. Modern tools give lawyers and other dealmakers the ability to analyze their findings with speed and efficiency previously impossible.
Tech Due Diligence
In the midst of cybersecurity risks and GDPR regulations, performing due diligence www.sqsapps.com/ on technology is vital for the health of a company. To conduct a thorough tech due diligence, it is important to examine the security of a software company and ensure that they are in compliance. It also involves analyzing the potential of the company’s intellectual property portfolio and finding any possible infringement issues.
When acquiring a company during the acquisition, it is crucial to know the financial structure of a business and ensure that all parties share the same expectations. A thorough due diligence exercise can reveal concerns like overstated net operating losses, not reported tax liabilities, non-filing exposures payroll taxes, sales and use taxes and property taxes.
During the due diligence process it is crucial to have a plan for gathering and sharing all relevant information. A set of playbooks that can be used throughout the process by teams helps keep everyone on the right track and ensures consistency. Loopio’s collaborative workspace and team workspace features are ideal to accomplish this goal, allowing teams to stay focused on their tasks and avoid getting distracted by other tasks.
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