Vendor due diligence reports are prepared by third-party advisors at the vendor’s request. They are an independent analysis and evaluation of a company’s performance, risks and opportunities for potential investors.
A Vendor due diligence report provides an in-depth review and assessment of a particular aspect of the business such as legal, financial or operational performance and identifies any risks associated with your company. These reports are prepared by third-party experts and convey business stability and performance of your company to the potential investors.
While each individual report focuses on a particular aspect, it is common for a range of reports to be prepared by different advisers for the same transaction. Common due diligence reports include:
Vendor Due Diligence Reports are only prepared for a specific event. However retaining a copy of these reports prepared for past events can serve as a useful source of material for ongoing risk registers and other situations which require a critical evaluation of the business.
While these reports come at a cost, they are potentially important for an event tomorrow for the following reasons: