Due Diligence Questionnaire Software
Compliant DDQ Responses—on Autopilot
Trusted by 1,700+ Global Brands
Respond to Due Diligence Questions Faster (& With Way Less Effort)
Getting stuck searching for accurate answers to DDQs? Scale the response process—and impress clients and investors with your turnaround time—with Loopio’s intelligent DDQ automation software. (Your compliance and legal teams will love it, too.)
Automated Answer Completion
Loopio’s DDQ software auto-fills in answers using a Library of pre-approved content so you can finish more responses.
Simplified Due Diligence Reviews
Streamline the legal and compliance reviews process with Loopio’s easy-to-use team Workspace.
Always Up-To-Date Information
Find accurate answers when you need them, and keep content updated with smart content management tools.
See Our Platform in Action
What Makes Loopio Different
Time-Saving Automation
Loopio’s due diligence tool auto-detects questions, suggests answers, and exports DDQs to their original format with ease so your team gets more done with less effort.
Collaborative Workspace
Loopio makes setting milestones, sending notifications, and hitting deadlines simpler. Plus, its thoughtful design makes team adoption a cinch.
Smart Content Upkeep
Your Library is always maintained thanks to automated review cycles. Plus, Loopio suggests new additions and updates every time you complete a DDQ.
Frequently Asked Questions
Learn about the due diligence process—and where software fits in.
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A due diligence questionnaire (DDQ) is a structured set of questions used in various fields, including finance, business, and law, as part of the sales process.
The purpose of a DDQ is to gather detailed information and insights to assess potential risks, opportunities, and overall suitability of a business transaction or investment. DDQ software simplifies the due diligence process in several ways.
Key benefits of DDQ software include:- Centralized information
- Automated data collection
- Version control
- Real-time collaboration
- Secure data and answers
- Search and filtering
- Reporting and analysis
- Workflow management
- Customization
- Audit trails
- Time savings
Overall, DDQ software simplifies the due diligence process by providing a digital platform that streamlines every step. It helps reduce manual tasks, improve data accuracy, and enhance the efficiency of the due diligence process, ultimately saving time and ensuring that all parties have access to the most current and relevant information.
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A due diligence questionnaire (DDQ) is a structured set of questions and requests for information used in various fields, including finance, business, law, mergers & acquisitions, and more.
The due diligence checklist helps gather detailed information and insights about a company or entity being considered for investment, partnership, acquisition, or other business transactions.
The purpose of a DDQ is to conduct a thorough examination of the target company’s operations, financial health, legal standing, security practices around handling sensitive data, and other key aspects to assess potential risks and opportunities.
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A due diligence questionnaire (DDQ) is used in business assessments to evaluate a company’s overall suitability for a transaction, covering various aspects beyond just security.
On the other hand, a security questionnaire is used to assess the cybersecurity and data security practices of an organization. It is typically used when evaluating security-related aspects for potential partnerships, vendor relationships, or service agreements.
While both questionnaires involve gathering information through a structured set of questions, their focus and intended outcomes are different.
DDQ Automation Software Success Stories
“Loopio provides a HUGE saving of time that creates a trickle-down effect for everybody on our team. If our SME is receiving a better version of a first draft with more up-to-date answers, they spend a lot less time rewriting things. Now, we can more easily identify content that needs to be tailored and invest our time in focusing on the quality of our responses.“
