Request List & Practice Areas Setup

When initiating a transaction, the

Request List

serves as a detailed document outlining all the information, documents, and materials the Buyer requests from the Seller. It acts as a comprehensive checklist to evaluate the target company’s legal, financial, and operational status prior to deal completion.

The

Request List Management

feature allows users to upload a due diligence request list into the system. This upload forms the basis for verifying document completeness and tracking progress throughout the due diligence process.

Supported File Formats:
Users can upload request lists in Word, Excel, or PDF formats.
File Management:
After uploading, users have the option to download the file or remove it if necessary.
Removal Restrictions:
Removing the request list is only possible before the system begins the automated analysis.

Once the request list is uploaded, the system automatically scans the dealroom to assess the availability and completeness of the requested documents. This process results in the generation of a

Hygiene Report

, which provides a detailed overview of the dealroom’s current status.

The

Practice Areas Configuration

enables users to define the legal domains relevant to their due diligence analysis. This allows for a focused and tailored review aligned with the specific requirements of the transaction.

Depending on the Transaction needs, the users can configure (Select) the relevant Practice areas, the process involves selecting relevant legal domains, managing document classification, and customizing guided instructions.

1. Select Practice Areas

Choose
from a list of practice areas such as Commercial Contracts,
Corporate Agreements
,
Real Estate
, and others that fit your transaction’s needs.

Manage Guided Prompts and Questions

Once practice areas are selected, the system automatically categorizes dealroom documents according to these areas.
If needed, users can manually override the automated classification by adding or removing documents from specific practice areas. This ensures accuracy and alignment with the transaction’s particularities.