When a firm decides to invest in a company they conduct due diligence. This entails reviewing the company’s documents, checking references and looking for any hidden information. Due diligence software aids companies manage the process. It lets them centralize and document processes like assessments, financial diligence and environmental social, corporate and governance (ESG).

For instance, if are performing a tech due diligence, the person doing it will require all of your product documentation that includes architectural diagrams, tech solutions and integrations such as backup and recovery servers and the process frameworks that were used to develop the product. Making sure that all of this is documented can speed up the process and reduce risks associated with a possible deal.

Another typical due diligence procedure is a tax exam, wherein the acquirer reviews the tax profile of the target company. It can reveal tax liabilities such as overstated losses, under-reported expenses, and sales-and-use tax exposures. It also can reveal unreported tax deductions and credits.

One of the best tools to conduct due diligence is a virtual data room which provides a secure space for sharing and storing avast secureline vpn files. It should support a variety of file formats including PDF, Word, Excel and many more. It should also come with a search and browse feature along with collaboration tools and file sharing. It should also permit drag-and-drop uploads with multiple security levels and a built-in viewer. It should also support all major browsers and mobile devices. An excellent choice is SS&C Intralinks, which offers an intuitive user interface as well as powerful collaboration tools. It comes with a no-cost version that can hold up to 10GB of storage and a 250MB upload limit. It’s compatible with Android or iOS devices. It also offers security features like AES 256-bit encryption and ISO 27701 certification.