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Loopio – M&A Due Diligence Software
M&A diligence was a process where lawyers would look through a plethora of papers to assess the performance and operations of sellers. Although there’s still plenty of work to be completed during the diligence process modern tools enable lawyers as well as other dealmakers to complete their analyses at speed and efficiency levels that were previously unattainable the present.
Tech Due Diligence
In a world of cybersecurity risks and GDPR regulations, conducting tech due diligence is crucial to ensure the health of a business. A thorough tech due diligence procedure involves evaluating a software company’s security and ensuring they are compliant. It also involves analyzing strength of the company’s intellectual property portfolio and identify any potential violations.
In the process of acquiring a company it is essential to be aware of a company’s financial structure and ensure that all parties are in agreement on expectations. A thorough due diligence process can reveal concerns such as overstated net losses, unreported taxes liabilities, non-filing risks tax on wages and sales and use tax.
During the due diligence process it is important to establish a strategy for collecting and sharing all relevant information. The use of playbooks that can be utilized by teams throughout the process can help to ensure that everyone is on the same page and ensures consistency. Loopio’s team workspaces and collaboration features allow teams to focus on their responsibilities, and prevent them from getting distracted by other tasks.
