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.