Seller does not have a data room or project management tool set up for the buyer to access
Parties are managing back and forth communication using emails
You want to fill the gaps in the current process by using a solution to project manage the transaction
Your client (the buyer) asked for a fixed or capped fee so you need to be as efficient as possible
5 step standardized workflow from project creation to document review
Centralized platform for document sharing, team collaboration, and RFI tracking
Standard templates and checklists to accelerate deal execution and maintain quality
Create a buy-side project and add the project team
You will become an integral part of the process. This is where your firm can manage the project from start to finish collaboratively with your team of specialist advisors, your client (the buyer), and your client’s other advisors.
Upload the buyer’s initial request list or use Due’s template
Start by uploading your client’s initial request list of documents for the seller, based on the nature of the transaction, and the industry or sector of the target. This helps you efficiently scope your services with your client and ensure an efficient budgeting process. Once your client approves, submit these requests to the seller.
Seller uploads their documents in response to buyer’s requests
Easily track which requested documents have not been uploaded and send reminders to the seller to upload missing documents. For further requsts of documents or information, submit requests via the portal where responses can be tracked and managed.
Use standard document review checklists
Advisors can review the seller’s documents efficiently using Due’s standard checklists. A summary of each material document is automatically generated without having to manually prepare summaries.
Generate a red flags report and get your client’s instructions in real-time
Your client needs to be alerted to red flags as soon as possible after they are discovered by your team so they can understand the impact on the deal and the other work streams. Avoid your client missing these important issues and bring them to your client’s attention in real-time.