2024-11-19 10:33:08
Author: Intralinks / 2023-07-24 13:27 / Source: Intralinks

Intralinks' New M&A Workflow Connects Shared Processes Across the World's Largest Dealmaking Community

New feature automates and improves secure cross-organizational document approvals

NEW YORK,Sept. 6,2018 --Intralinks®,the world's leading virtual data room (VDR) provider,today introduced its new M&A Workflow capabilities to significantly streamline the mergers and acquisitions (M&A) process. The initial use case being rolled out leveraging M&A Workflow helps advisors and corporate development professionals obtain secure cross-organizational document approvals much more quickly than was previously possible.

The new capability,which is built on Intralinks' next generation microservices technology platform,demonstrates the organization's commitment to simplifying dealmaking through workflow automation. Its approachable design is intended for business user configuration and use.

"The M&A Workflow feature significantly expedites one of the bigger roadblocks in the diligence process and serves as a key building block in Intralinks' mission to deploy automated workflow configurations tailored to support complete M&A-specific use cases," said Leif O'Leary,CEO of Intralinks. "Ultimately,our goal is to remove as many variables as possible from the dealmaking process and provide our customers with the most efficient,stable,secure and worry-free environment in which to do business. Automating repeatable tasks that occur throughout a transaction process and enhancing deal preparation is the first step in that mission."

Securely sharing highly sensitive documents and files in a VDR is a critical part of the M&A process. Getting appropriate approvals for those files,especially across organizations,traditionally has been done via email,which inherently increases the risk of sensitive information being leaked and makes it difficult to ensure proper protocols are being followed. Intralinks M&A Workflow automates the approval process for documents within the secure VDR platform,solves version control issues and allows users to track the status of documents that are being processed.

"Getting approvals from third-parties to add documents to the data room has historically been a highly manual,time-consuming and potentially risky process that can delay the launch of a deal. Intralinks M&A Workflow for document approval addresses those issues," said Ken Bisconti,EVP and Chief Product Officer at Intralinks. "By improving workflows and simplifying the deal preparation phase,Intralinks is enabling the world's largest community of M&A professionals to work together more productively and get deals done more efficiently."

In addition to expediting the deal preparation process,the M&A Workflow tool enables users to:

Track all activity through a dashboard that provides a consolidated,real-time view of task requests in process

Comment in a single,secure conversation thread related to the documents as opposed to multiple emails

Create an archive of cross-organizational document approvals

Control the entire process within the application

Access content on mobile devices

"Our renewed focus as an organization on financial services and the dealmaking ecosystem is having an exciting impact on the pace of innovation and value we can deliver to our customers and I'm energized by the acceleration of new product delivery on our immediate horizon," said O'Leary.

About Intralinks

Intralinks is a leading financial technology provider for the global banking,deal making and capital markets communities. As pioneers of the virtual data room,Intralinks enables and secures the flow of information facilitating strategic initiatives such as mergers and acquisitions,capital raising and investor reporting. In its 22-year history Intralinks has earned the trust and business of more than 99 percent of the Fortune 1000 and has executed over US$34.7 trillion worth of financial transactions on its platform. For more information,visit www.intralinks.com.

Trademarks and Copyright

"Intralinks" and the Intralinks stylized logo are the registered trademarks of Intralinks,Inc. © 2018 Intralinks,Inc.

Media contact


Jeff VanPelt


jvanpelt@intralinks.com


1 (617) 574-5477

Tags: Banking/Financial Service Computer Software Computer/Electronics Financial Technology

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