- home
- Due Diligence Support
Due Diligence Support
While VFO is taking the reins of your business’ financial documentation, budgeting, and planning, we are also actively updating and storing all your financial files and information to allow us to perform due diligence support upon request. A financial due diligence investigation refers to detailed investigations of your business’s economic, legal, and fiscal state. Anytime your company establishes new business partners, arrangements, mergers, acquisitions, or invests in real estate, the due diligence report process provides a compliance check, risk assessment and verifies your business’ economic status.
To prepare your company for the due diligence process at a moment’s notice, VFO consistently updates your financial information and safely stores your organizational data. Many outsourced virtual CFO companies deliver due diligence services with a focus on banking. At VFO, however, we recognize the benefits of accounting while emphasizing reconciling prepaid, fixed assets and other balance sheet accounts. While supporting your business with outsourced CFO services, we are also updating and storing the following documents and information so they will be ready whenever requested, allowing your business to minimize lead time while providing expert due diligence insights.
Organizational documents
Performing operational due diligence involves storing articles of incorporation, bylaws, and other documents regarding your organization’s identity within an accessible database like Google Docs or Box. Because these documents do not require regular updating, our main concern is ensuring all organizational information is accurate and easy to access.
Human Resources
By regularly updating human resources documents, including employee and compensation information, corporate policies, marketing assets, intellectual properties, client information, and financial plans, we will paint a clear and accurate picture of your business structure and operations for any interested parties.
Equipment and property
Keeping accurate records of anything your business has capitalized on will make it clear and straightforward to understand your organization’s assets and financial status at any given time since your establishment. These records include company cars, buildings, equipment, software, and policies, including copies of coverage.
Taxes
Tax records can be highly beneficial in highlighting a company’s history. These documents include all tax returns, details of tax payments, tax reserve reconciliations, and communications with agencies. In addition, tax due diligence reports display the history of a business’ income and trends, providing crucial financial information to any stakeholders or potential partners.
Legal Backup for any Litigation
It can benefit prospective business partners to receive copies of all material contracts with customers and vendors and patent and trademark information. This will allow for a clear understanding of your business practices and will display any legal issues.
Systems and Informational Technology (IT)
Potential investors or partners can view descriptions of human resources, accounting, payroll systems, and internal software licenses to get a feel for how you manage and operate your business daily and perform a technical due diligence report.
At VFO, we believe in providing enhanced due diligence support to ensure your company is always prepared for an investigation. To learn more about how our consistently updated documents and due diligence consulting can prepare your business to stand out in potential opportunities, or to schedule a FREE 30-MINUTE CONSULTATION, contact support@lme.qtb.mybluehost.me or schedule a meeting online.
Payables & Receivables
Monthly Close
Cash Management
Payroll Admin for Start-Ups
Budgeting & Forecasting
Due Diligence Support
