How automatable are tasks in Due Diligence?

Every company is pushing the digitalization of business processes. But what about the digitalization possibilities in the M&A process? What is the current status of the automation possibilities? This article is intended to define a vision of extreme automation in the due diligence phase.

Target Due Diligence

This task can be partially automated. Individual actions can be partially automated. Details can be found in the individual subtasks. Activity control is often carried out using project control applications. These can be generic tools such as MS Project or project management tools or data room application systems specialized in the management of M&A projects. But how if we apply extreme automation to onsite due diligence? Onsite due diligence often entails corporate M&A teams to visit a location of the target company for a meeting.

Extreme automation of onsite due diligence

If we automate the visit and the due diligence meeting in an extreme fashion, we fully automate the physical presence of the buyer at the meeting.

Enter Synomic and double robotics

The advent of presence robots enables us to leverage robots for visiting a site and for moving around. But robots can do more, of course. They can ask questions and collect answers for us.

Synomic, together with Double Robotics has provided a solution. See the picture below.

Instead of travelling to a location, you send a box to the target company. The box contains a presence robot from Double Robotics.

Instead of people from the buyer, the robot can participate in the meeting, move around the offices and interact with the representatives from the target company.

During the meeting, the buyer decides if the presence robot is used for communication between people from the buyer and the target or if the robot acts in a fully automated fashion asking questions from the due diligence request list for the buyer.

I hope you liked this extreme automation example. This example was presented in conjunction with my new book “Automation of Mergers and Acquisitions“.

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