February 09, 2021

Greater Q&A Automation, for All Deal Sizes

In speaking with dealmakers across the globe, a complaint we hear all too often is that despite digital transformation, there are still many aspects of the deal lifecycle that are rooted in institutional habit or ‘the old way of doing things’. This causes delays, which is why the most successful dealmakers are always looking for new and more effective ways to automate their workflows, giving their teams more control, and increasing the probability of a successful outcome.

One area of continued opportunity is Q&A, which is traditionally the most complex and time-consuming part of the due diligence process. This involves deal teams triaging buyer/investor questions via email, seeking the right subject matter experts to answer them, then managing the entire process (including any approvals or sign-off) through a multitude of spreadsheets. Anyone who has done this knows the difficulty, risk and frustration it entails, which is why finding a technology-based alternative is so important.

 

Datasite Diligence's Newly Upgraded Q&A Tool

Our Q&A tool, which has been recently upgraded, offers a simple solution to this problem, with a centralized interface for project administrators to manage Q&A. This saves a tremendous amount of time and provides confidence that Q&A is being properly managed. This includes:

  • An intuitive dashboard for real-time tracking of the Q&A process, enabling you to identify bottlenecks in the process quickly and easily
  • Import all questions and immediately direct them to subject matter experts
  • Answer common questions from buyers with FAQ

And our new enhancements to Q&A now also enable:

  • Multi-level approval functionality to ensure customization of workflows based on deal complexity
  • Category-based visibility enabling questions to be grouped by workstream and ensure they are only seen by the relevant team members
  • Auto-routing based on customized workflows allowing questions to be directed straight to subject matter experts

 

 

Along with other new Datasite Diligence features such as smart tools, project inbox, and AI-enabled Redaction, you can be sure to maximize the value you are getting out of your M&A technology every day.

See It In Action

To experience this feature or other related features, contact your client representative or request a personalized demo.

Get in touch

  • Datasite Diligence Q&A Fact Sheet

  • Check out '5 Common Myths in the Q&A Process'

Ready to Get Started?

You may also like:

Expert Spotlight: Will Deal Momentum in Denmark Continue in 2022?

A sustained period of inflation will impact both financial markets and transaction processes, and is currently top of mind for those involved in dealmaking. This was one of the key findings in a recent discussion in Copenhagen on the opportunities and challenges within Nordic M&A.

Market Spotlight: Distressed Deals in EMEA – Will History Repeat Itself?

Events in Europe are already affecting the successes enjoyed by dealmakers in 2021. Is the current situation similar to the 2007-08 crisis? Will restructuring and distressed M&A increase in EMEA in the coming months?

Market Spotlight: Keeping up with LATAM's Fintech Boom

Latin America may not spring to mind as an obvious venture capital hub. But the volatile political and economic history that has often deterred investors, has an upside. Potential is vast, innovation is buzzing, and now growth is flourishing as money floods into the region.