Due diligence is an essential step in any business transaction. Due diligence is an investigation to verify information about the company and to ensure that assets or transactions are secure. Conducting this manually is costly and time-consuming. However, with a due diligence software program, it’s possible to streamline the process and reduce the risk.

The best solution will include tools for visual screening, vetting and monitoring of third parties. It will also provide complete audit trails and an integrated platform to manage all of your activities.

HyperComply, a comprehensive due-diligence software that lets users simplify their entire process. It includes a dashboard for the vendor as well as a number of useful features, such document management, data analytics, collaboration tools and more. The solution includes a library with customizable templates to help you get faster and more accurate results. It is a great option for businesses who want to minimize the risk of a data breach and improve security operations.

Whistic is a vendor due diligence tool that look at here can automate tedious tasks and provides thorough security assessment templates. Whistic Trust Catalog contains information on the security policies of thousands of vendors. This lets teams evaluate vendors without the need to send questionnaires and wait for answers. Pricing information for Whistic is available upon inquiry.

Intralinks, another well-known software solution for due diligence, offers numerous tools to help manage the process. Its easy-to-use communication tools and a virtual data room that is central and unified reporting make it simple to manage. It also comes with tools to track project progress, coordinate meetings and facilitate the process of making decisions.