M&A transactions require a software that can be used for all phases of the transaction. This type of software centralizes communication guarantees integrity of data, facilitates integration and creates a unified report. This kind of software is distinct from other methods of transferring information, like shared drives or physical data rooms. It also stops unauthorized entry and eliminates the requirement to transfer sensitive data via public channels.
Ansarada is a project management application for M&A that helps companies manage the entire process. The company claims to have helped more than 10,000 companies and assisted them in more than $1 trillion worth of transactions on its platform. Its M&A management solution includes the virtual data room, regulatory compliance, and collaboration tools.
The software offers a secure environment for teams to upload, read and share documents. The tools for collaboration of the software permit users to create or edit and then comment on documents. They can also add annotations. Additionally the system provides a variety of tools to manage workflows. These include task assignments emails, task assignments, and chat software. The security features for data are in line with ISO 27001 and use 256 bit mergers and acquisitions encryption to safeguard sensitive data.
Midaxo is a project management software that makes it easier and more centralize the entire M&A processes. It combines CRM with VDR, spreadsheets, and task tracking. The platform allows users to prioritize and rank targets, monitor M&A projects by using a dashboard, and set up automated reports. However, the lack of API integration and limited options for customizing reports could be limiting for certain users.