In an environment of increasing mergers & acquisitions (M&A) activity, a buyer’s need to conduct due diligence efficiently is more important than ever.
SS&C Intralinks surveyed its global M&A dealmaking community in September 2019 to gauge the level of satisfaction with their current due diligence processes, and how tech-based solutions could help them work more effectively. The findings are featured in the new white paper, SS&C Intralinks® Survey of M&A Dealmakers: Buy-Side Due Diligence Pain Points.
Key takeaways:
- Only 11 percent of respondents reported that their due diligence process is efficient.
- Respondents also chose organizing information provided by the seller as a top pain point, which is consistent with the level of effort involved in the task.
- Many survey participants indicated that artificial intelligence (AI) could drastically improve the due diligence process, if implemented effectively.