As a general rule the most successful man in life is the man who has the best information.
Benjamin Disraeli (1804 – 1881)
What is it?
Part of M & A or big outsourcing deals to identify risks
It can be thought of as the performance of pre-contractual investigation between two or more persons or businesses.
Technical, operational, financial due diligence
Due diligence is performed to ensure no unnecessary harm is inflicted to any parties involved in contracts.