Due diligence is an essential aspect of any business deal. Due diligence is an investigation to verify the information regarding the business and to ensure that assets or transactions are secure. Conducting this manually is costly and time-consuming. However with a due diligence software solution, it’s easy to speed up the process and minimize risk.

The right solution should provide tools that allow you to visually screen, vet and constantly monitor third parties. It should also give you complete audit trails and an all-encompassing platform for all your operations.

HyperComply is a comprehensive due diligence tool that allows users to simplify the entire process. It has a vendor dashboard along with a host of useful features, such document management data analytics, collaboration tools and more. The software also comes with templates that can be customized to speed up and provide more precise results. It is a good choice for businesses that want to lower the risk of a data breach, and improve their security operations.

Whistic is an instrument for vendor due diligence that automates time-consuming tasks, and provides thorough security assessment templates. It also includes the Whistic Trust Catalog which contains details on the security status of a variety of vendors. This allows teams to assess vendors without submitting questionnaires and waiting for responses. Pricing information for Whistic is available upon request.

Intralinks, another popular software solution for due diligence, provides a variety of tools to manage the process. Its easy-to-use communication tools, centralized data room and unified reporting make it simple to manage the process. It has tools for tracking the progress of projects, coordinating meetings, and facilitating decision-making.


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