What are the steps to complete "IT Due Diligence" efficiently?

Please see the sample content from my book, the IT Due Diligence Guide, here:

http://www.itduediligenceguide.com/sample-content/

The sample content includes an overview of the process.

Also, you can download a free comprehensive IT Due Diligence checklist here:

http://www.itduediligenceguide.com/it-due-diligence-checklist/

Regards,

Jim Hoffman

First task is to organise inter departmental meetings to establish as to what are needs of the corporate -- the present needs and potential future requirements.Second step shall be to formulate an RFP document and invite IT Companies to present their proposal bring the complete team that would explain that what they can do and how in what time period with what resultant outputs at what costs and manpower loads.

Make notes on presentations, and rank the participants, get doubts and questions from all user departments answered.

Award IT Project to the most ready IT company who fairs the best in objective marking on the pre-estanlished issues/agenda afetr negotiating on Price and payment terms..keeping atleast 10% for the Trail period.

Have trial runs and get your own staff at various interface levels trained on the job by the provider of IT system.

Have a review after the recommendable period to add/delete any features in consultation with user departments.

These may be include: Initial kickoff Meeting, Interviews, Tool Based Risk Calculation, Expert Interpretation, Final Presentation etc.  

The situation is different for a corporate/strategic investor that looks for synergies than for a private equity shop that solely looks for value creation. In the first case you need to take the merger/integration scenario into account during your IT Due Diligence - in the second case you usually need to focus on digitalization opportunities in the target.

To put your effort into the right direction I recommend running a top-level analysis on the target with automated tools. You can find a provider here: https://www.redflag-analysis.com/it-due-diligence/en

Best regards,

Adrian Henke