Information Platform, you never need to be concerned about your readiness to make targeted acquisitions. You’ll always be ready to grow your business. Contact our sales team to find out more about how Ansarada can help you get ready for your next acquisition. Assess your target—You’ve got your eye on a target company to acquire. You’ll need to assess the current state of their business, and that means taking a good look at their material information. Whether you’ll be taking steps to integrate all their processes and clients, or running autonomously, you’ll need to know exactly where they stand and how they operate. To do this, you’ll use scorecards which cover all areas of risk and material information, i.e. Finance, Legal. Instead of your typical excel spreadsheet of questions sent to target companies, these bespoke custom-built scorecards can be reused for each company and are benchmarked based on the intelligence of 20,000 deals. Start by inviting them to fill in basic information about their company, as well as any custom questions or requirements you want to add. Your scorecards may entail multiple stages. An initial, simple scorecard can be used for targets at scale, whereas a more complicated scorecard can be set up for stage two when the full due diligence commences. Contained within each are a series of questions or topics. Each topic contains requirements that define what material evidence is important, removing the need for you to explain how and why certain documentation needs to be provided. Their score will tell you where they stand in less than 15 minutes, and you’ll quickly be able to highlight both the opportunities and gaps in their material information, and ultimately their business—without chasing them for answers or documentation. Time to prepare Since we launched our virtual data room software in 2005, we’ve been on a mission to improve the ways that business gets done. Our products span a company’s entire lifecycle, optimising processes from preparation to execution and close and we’re now the world leader in material information management. A series of questions about your material information. For each topic, we’ll tell you what you need to get the best score. Your first score, and a projection for after you’ve filled gaps in your material information. We have this We don’t have this I’m not sure Revenue projections Shareholder agreements Top customers list Green Dot Pty. Ltd % Current score Topics Grant Ronnie Raymond access to your information Grant access 20 1 1 1 9 65 Not starte d In progress Ready for review er fied 65 92% Projected score 4 The projected score will show you the acquisition’s potential, and the current score shows where they stand at that moment. The Platform enables you to assign priority to specific topics, guiding your targets to focus on what matters. To achieve their potential high score, your targets need to provide all the critical documents listed and have them verified; they immediately see how they can go from good to great, which gamifies the process. If your target company hasn’t been through the deal process before, they may struggle to understand what certain documents or requirements are. The topic profiles and content guides within the Platform’s content library clearly explain each of these and why they are important, enabling your clients to be self- sufficient and eliminating the need for any hand holding. They’ll upload their documentation and evidence into each of the topic areas, where it’ll be stored securely. They can also delegate responsibility across teams to get ready faster. They can assign a whole area, like ‘Finance’, or an individual topic, like ‘Employment contracts’ to the appropriate person. For example, John in Finance gets a notification to update all of the Finance topics and is accountable for completing this section. He goes on to upload all the documentation, with progress clearly visible as the score for this topic increases. Gather information 6 Complete Tax Topics 5 Financials Topics 22 Human resources Topics 11 Policies Topics Topics let you know the gaps in your material information and tips on how to improve your score. 6 Insurance Topics 65 Operations Topics 92 Legal Topics 1 1% % Green Dot Pty. Ltd. 5 Last 7 days % 1 0 Last 30 days 20% % Circular Corp 10 Last 7 days % 15 Last 30 days Continuously monitor the state of your business readiness by watching its scorecards. Know at-a-glance which information is ready. Person responsible for contracts Third-party agreements Rachel Riley Delegate tasks to people on your team, giving them responsibility for that aspect of your information.