M&A transactions require a specialized software that can be used throughout the process of a transaction. This kind of software centralizes communication and integrity of data, facilitates integration and enables unified report. Contrary to conventional methods of moving files, like shared drives, emails, or physical data rooms, this type of software also blocks unauthorised access and eliminates requirement to transfer sensitive data through public channels.
Ansarada is a project management application for M&A that assists companies in managing the entire process. The company claims to have helped more than 10,000 enterprises and assisted them in over $1 trillion worth of transactions on its platform. Its M&A management software includes a virtual data room as well as regulatory compliance and collaboration tools.
The software offers a safe environment where teams can upload or view and share documents. Its collaboration tools let users edit and create documents, comment on them, or make annotations. The system also offers various tools to manage workflows. This includes task assignments, email notification, and a chat application. Its security features for data comply with ISO 27001 and use 256 bit encryption to secure sensitive data.
Midaxo describes itself as an M&A project management software solution designed to simplify and centralize the entire M&A process. It integrates CRM, VDR, reporting, spreadsheets and task tracking on one platform. The platform allows users to prioritize and rank targets, monitor M&A projects using a project dashboard, and set up automated reports. However, its absence of API integration and limited customizable reporting options can be limiting for some users.