What is due diligence?
Due diligence is the term for an investigative process which identifies, gathers and analyses information about a business or individual before making a business decision. Put simply, conducting due diligence mitigates risk by identifying issues and providing insight into the backgrounds of businesses and individuals before making a decision.
Do I need to undertake due diligence?
If you are looking to
- enter into a business agreement or partnership
- make any business decision involving a separate entity
- sign a new contract
- or take on a new client
then we would recommend performing due diligence
Do I need a due diligence provider?
Independent third-party due diligence should be the foundation of any decision involving another party. Professional due diligence services, such as FACT, use investigative techniques that go beyond usual business checks and provide detail not readily available in the public domain. While online resources can offer some solutions, it is only through oversight by experienced researchers and analysts that a full picture of a business or individual can be obtained. Engaging with an independent due diligence provider is the most effective way of generating a non-biased and comprehensive analysis of key risk areas, allowing you to be as informed as possible. Without undertaking due diligence, you could be exposing yourself and your business to reputation damage, issues with compliance or risky financial transactions.
At FACT our due diligence team meet client needs across global jurisdictions, with the intelligence and data we provide captured in a manner admissible for court. We offer a range of bespoke services, tailored to your requirements and budget.
Talk to us today about how our due diligence team can help you make your next business decision
