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Due Diligence Module

Due Diligence helps lenders speed up the audit and survey process

Using data from the existing EQ Riskfactor product suite or data extracted this additional application will enable lenders to streamline and enhance their existing audit and survey processes by reducing the length and frequency of on-site audits, improving accuracy, efficiency and consistency and encouraging a risk based approach to the due diligence process.

Watch our video to learn more about the due diligence module

Benefits for the Lender

Adopt a risk based approach to due diligence

  • Enables Lenders to adopt a risk based approach when selecting Clients for audit
  • The Due Diligence template focuses on higher risk transactions in the testing and highlights any areas of concern to the Lender
  • Auditors can focus on the highest risk transactions and most 'high risk' clients 
  • Enables more desk top audits for low risk clients
  • Auditor/surveyor has access to a suite of EQ Riskfactor reports that can be accessed whilst on site for increased visibility and intelligence

 Operational efficiency - audits are easier with due diligence

  • Smarter deployment of resources, as productivity on-site is maximised
  • Audit team capacity improved through more desktop audits
  • Lenders can complete new deals faster , eliminates wasteful processes
  • Saves time as templates are auto-populated with pre-selected samples taking lenders to the items of most interest/concern
  • Saves time on audit preparation as data is extracted directly from client’s accounting package or from their core system
  • Data is more accurate improving lender’s decision making

Data extraction

  • Extraction of client data directly from accounting systems gives the Lender more detailed transactional data and leads to better quality decision making for invoice discounting facilities. 

Improve customer experience

  • Makes life easier for the prospect – less intrusive, streamlined process, less time consuming for the prospect/customer when gathering data and information for the audit
  • Lenders can engage with prospects ahead of competitors and as the process is less invasive prospects are happier and customer satisfaction levels are improved. 


  • Templates tailored to business size, industry and risk profile
  • Audit reports are generated with EQ Riskfactor data
  • Templates configured to facility type
  • Sample is pre-selected for the audit or auditor can have a blank template
  • Audit actions fed into manager’s workflow
  • Software tracks all audit follow –ups
  • Audit score is included based on EQ Riskfactor’s own analytics
  • Audits can be scheduled so no need to keep cumbersome spreadsheets of ‘next’ visits.

Book a demonstration

Book a demonstration and see Due Diligence in action

Call us on: +44 (0)1903 698 600