Due diligence is a pervasive process in business. Companies do due diligence for all kinds of reasons: investors do due diligence on funds, banks on borrowers, real-estate investors on properties or businesses on their vendors.
But using Word or Excel questionnaires for due diligence can be time consuming and inefficient for you and your partner. There is no centralized place to store all responses and documents related to due diligence thereby limiting visibility, collaboration and reporting across the organization.
CENTRL offers the most complete and powerful solution to take the pain and tedium out of the due diligence process by automating and streamlining the process for you and your partners. In addition to the efficiency gains, it reduces risk and allows you to focus on managing results.
No other application allows you to transition as quickly from your current Excel/Word questionnaire to an automated format and get started right away.
Most questionnaire applications fail because users have to resort to email to assign, respond, evaluate and complete questionnaire. With our application you will never have to resort to email threads; everything including the internal collaboration and external clarifications are done within application.
Your success in automating assessment depends critically on how enthusiastically your partners adopt the application. Most products provide very limited capabilities for recipients. Your partners will instantly adopt the application because they get an equally powerful product to respond.