Due diligence is an integral part of any M&A process. Due diligence helps buyers and vendors to avoid unexpected roadblocks and result in higher valuations. However, conducting due diligence can be difficult and time-consuming if it involves searching through multiple systems and manually checking statuses and documents. There are tools that can streamline the process, and keep you on the right track.

The software includes the virtual data room as well as collaboration tools, in addition to analytics and other tools to speed up the M&A process. It is a great tool for any team and works with all browsers and devices. It also comes with an upload feature that can be uploaded using drag-and-drop and supports 25+ formats for documents. Its data security is high, with SSAE-16 Type II certified data centers and AES-256 encryption. Customer service is available through email, phone, and a knowledge base.

DD360 is a powerful, secure cloud-based platform for due diligence. It provides http://dataroom-technology.info/streamline-due-diligence-process-with-virtual-data-rooms-the-digital-solution-for-modern-deal-making/ business intelligence, automated processes and an integrated repository for all your information and documents. Its features include an interactive workspace as well as a virtual data space as well as e-Signing and communication capabilities. It also includes the risk assessment tool, which helps you identify the potential risks in your relationships with third parties.

Nexis Diligence is a subsidiary of LexisNexis and serves as the all-in-one due-diligence software to evaluate any risk from the individuals and third-party entities that interact with your business. It includes a large searchable database of 82 billion records. It allows you to track international and domestic sanctions and political Exposed Persons and many more. It also allows you to create auditable reports.