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Due Diligence Software Checklist

Identify the software to be evaluated

Gather all necessary documentation for the software

Perform a risk analysis of the software

Evaluate technical architecture

Assess the quality of the software's coding

Analyse the software's scalability and performance

Evaluate the software's security mechanisms

Analyse the software's data architecture

Conduct a financial evaluation of the software

Approval: Financial evaluation

Assess legal aspects, including licensing and copyright obligations

Evaluate the software's integration capabilities

Check customer feedback and reviews on the software

Review the software's maintenance and support services

Perform a competitive analysis of the software

Assess potential for future development and improvement

Approval: Potential for Future Development

Prepare a detailed report based on the due diligence process

Approval: Detailed Report

Identify the software to be evaluated

This task requires identifying the software that needs to be evaluated. It plays a crucial role in determining the scope of the due diligence process. The desired result is a clear understanding of the software being evaluated. To accomplish this task, consider the following questions: What is the purpose of the software? Who are the intended users? Are there any specific requirements or features required? The potential challenge could be identifying the right software in a crowded market. Utilize online resources, expert opinions, and industry recommendations to overcome this challenge.

Software Name

Software Description

Software Category