Loopio – M&A Due Diligence Software
M&A diligence was a process where lawyers would sort through piles of papers in order to assess the operations and performance of the seller. Modern technology gives lawyers and other dealmakers the ability to perform their analyses with a speed and efficiency that was previously impossible.
Tech Due Diligence
In the midst of cybersecurity threats and GDPR regulations, performing due diligence on tech is essential for the health of your company. In order to conduct a proper tech due diligence it is essential to evaluate the security of software companies and make sure they are in compliance with. It also includes analyzing the potential of the company's intellectual property portfolio, and finding any possible violations.
In the process of acquiring it is crucial to know the financial structure of the company and ensure that all parties are on the same page with respect to 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 procedure it is essential to have a plan in place for collecting and sharing all relevant information. A set of playbooks, which can be used throughout the process by teams, assists in keeping everyone on the right track and ensures consistency. Loopio’s team workspaces and collaboration features help teams stay focused on their jobs and avoid getting distracted by other tasks.