Picture this: Teams of bleary-eyed analysts and lawyers, fueled by endless coffee, spending weeks digging through contracts, financial statements, and that one mysterious folder labeled “Miscellaneous_Final_FINAL_v3_really_final.” They’re searching for red flags, hidden gems, and that one crucial detail buried on page 394 of a supplier agreement from 2019.
Reading through a gigabyte worth of documents is nobody’s idea of fun. Data rooms have evolved from rooms filled with paper to Virtual Data Rooms (VDR) but the time it takes to go through the information has not been reduced. Now with Reccy, we can move analysis of Data Rooms on to the next stage.
863% Faster
Our estimate is that the speed increase of using Reccy to analyse your VDR results is about 863% over human analysis. We usually have detailed overview of the data ready within 30 minutes (depending on the size of the VDR). This doesn’t mean you can rely completely on Reccy and not have to look at the documents, but it does mean you have saved a lot of time and analysis that would previously have been necessary just to understand what is in the VDR.
Reccy Insights
Reccy uses 60 data points to create a comprehensive analysis. These are the Reccy Insights. These are covered by these key category headings:
Summary & Background
Owners & Managers
Commercial
Finance & Accounting
Tax
Cultural
Legal
Technology
People
Property
Policies
Risk
Benefits of Reccy Insights
Some of the benefits of Reccy’s analysis:
- Point out missing documents or gaps in information
- Spot patterns across documents
- Flag inconsistencies in contract terms
- Identify potential regulatory compliance issues
- Extract key financial metrics and trends
- Highlight unusual terms or conditions
Why This Matters
Think about typical due diligence failure points:
- Missing a crucial liability buried in subsidiary documents
- Overlooking inconsistent terms across multiple contracts
- Not catching regulatory compliance issues
- Failing to spot patterns in historical data
Reccy gives your due diligence team superpowers, making their work easier, faster and saving you money.
Evolve your Due Diligence with Reccy
In a world where missing a single crucial detail can cost millions, using Reccy to analyze your data room is a great decision. The best deals are the ones where you know exactly what you’re getting into. With Reccy, you’re not just seeing the tip of the iceberg – you’re scanning the whole thing, underwater parts and all, in high definition.
You can see the benefits for yourself, very quickly, with our free trial. You can securely, confidentially and quickly get an analysis of your data room at no cost, and witness for yourself the next stage of the Data Room evolution.
P.S. No analysts were harmed in the writing of this article, though several were rescued from drowning in document reviews.