A statutory financial statement is a kind of statutory report required by every publicly held company. These statutory reports must be shared with stockholders and also filed with the Securities and Exchange Commission. But even if your company is not publicly held, it’s a smart idea to keep these important financial statements up to date…
Startup founders have a lot to think about when they first enter the fundraising phase of their business. Venture capital firms and angel investors will undoubtedly want to go through a multi-step due diligence process. While due diligence can vary widely based on the industry and what traits the investors are looking for, it…
When it comes to document control, it’s crucial to protect the master file. Not only does a company’s master file leave an audit trail should you need it, but you can also revert to the original document if critical issues with subsequent versions arise. What can happen to master files? As it turns out,…
If you’re considering transitioning to digital document sharing through a virtual data room (VDR), you may be surprised by how easy it is to make the switch. Especially with trusted advisors to guide you, your organization can be assured of a safe and secure transition for your mission-critical files. Best of all, you can…
Business owners, CIOs, and IT leaders have choices when it comes to file sharing solutions. But how do you evaluate the best secure filing sharing for business? What are the must-have features? How can a virtual data room provide a more reliable way to share documents versus other Software as a Service (SaaS) solutions? …
If you’re considering investing in an SaaS product to compile, share and sign files easily — especially for sensitive financial information — you may wonder whether you should use a transaction room or virtual data room (VDR) for file sharing. Understanding the difference in the technology, features and scenarios when choosing a VDR over a…
Is your enterprise dreading the creation and distribution of your corporate annual report? Much like paying corporate taxes, financial reports remain a necessary evil in today’s business world. Yet, with the right tools and a streamlined financial reporting process, your corporate annual report can be a useful tool for: Securing funding Gaining public favor and…
Companies and organizations use due diligence reports for a variety of reasons. A due diligence report is a comprehensive exploration and explanation of a property, a company’s financial records, or a company’s overall standing in the marketplace. It can help determine a company’s valuation and enable investors, business partners and other stakeholders to make educated…
Your document management workflow design sits at the heart of your company’s productivity, efficiency and security. If you don’t have an efficient document management workflow design, bolstered by a secure, cloud-based electronic document management system, you could be opening your firm up to inefficiencies, lost profits and damaging data breaches. In 2019, nearly 30% of…
Is your company undergoing a legal compliance audit? Understanding the documents you need can be the first step in preparing for an audit. Most legal compliance audits evaluate multiple areas of your organization to ensure you’re following the laws and regulations for your business and industry. A legal compliance checklist typically includes areas such as:…