Due diligence software's overarching goal is to minimize the time and effort spent on the due diligence process and maximize time on the analysis. Even today, many companies have their diligence process based on a hodgepodge of emails, PDFs, Excel spreadsheets and Word documents.
A better option is due diligence software specifically designed to guide you through the process. It facilitates the sharing of questionnaires, checklists and other content. Meanwhile, you can monitor, control and report on the progress of several investments at the same time. You simplify workflow by inviting all third parties to share the same software, in the same environment, eliminating the use of multiple emails, formats and a plethora of communications, information requests and subsequent delivery of documents.
CENTRL's ODD360 solution automates the full diligence process and allows you to focus on risk insight through detailed analytics and dashboards.
Single platform for automating operational, third-party and regulatory diligence
Use standard questionnaire templates or upload proprietary ones
Automate the full diligence process
Provide managers and third-parties with automated tool to respond to questionnaires
Track issues and manage process to remediation
Centralize manager directory, documents, assessments and issues
Reporting and analytics
By using CENTRL's ODD360, your organization can easily perform due diligence on new partners, vendors and third-parties.