You achieve real-time up-to-date due diligence. Have you ever experienced the process of due diligence?
Working with an imaging company that has received its SOC 2 Type 2 Report helps ensure that you have satisfactorily conducted due diligence and taken the steps necessary to meet compliance requirements that are internally and externally mandated in your company
As the session description says, conducting your up-front due diligence is THE most important work you can do to ensure a positive result, and we will be discussing how to identify and prioritize optimum starting points, outline the primary tasks to be performed, approach the “people part” of the puzzle – and/or anything else you want to talk about!
Due Diligence – and ensuring the validity of new customers coming on board, as well as compliance with anti-money laundering and counter terrorism financing regulations that can bring about high penalties and fines for non-compliance
In my view this is a common scenario that can and should be avoided and while I do not hold the consumer fully responsible in this – the suppliers should work with the consumer to take time and fully identify the real business requirement so the proper tools and services can be selected – I do hold them accountable for providing the real requirements and conducting proper due diligence if they expect successful results
After six months of discovery and due diligence they discovered that it’s more than just selecting a new software package, more than buying new hardware and upgrading to the latest operating systems and browsers
Can you spell “due diligence?
The Need for a Tailored Approach Every case correlates to a collaboration site that includes a document library for you and your organization’s legal team members to use to store documents related to the management of the case while demonstrating to the court or matter’s governing body your companies preparedness and due diligence in having a process in place for such matters
The above risks should be considered as part of your overall plan to move content into a cloud-based application and part of your due diligence
As usual, it is prudent to do your “due diligence” on any company that you may choose to use: Ensure that they are a financially sound company, putting as much into R&D as possible, and that they are responsive to customer needs - don't hesitate to ask for and call references