Dr Martin Sundermann, Partner at Osborne Clarke comments: “Complex projects like due diligence often fail in their goals, because several basic rules receive no consideration: Complexity isn’t mastered, information isn’t valued and problems aren’t clearly identified. Often there’s a lack of effective cooperation and efficient communication. In the end the implementation of measures isn’t monitored carefully.
The ChangeMaker addresses this challenge by combining intelligent structure, illustrative presentation and intuitive use. Dr Alexander Ploghaus, manager of Principia Mentis explains: “Even less skilled users are able to operate the multilingual ChangeMaker. The software is web-based and runs with common server environments. Users solely need an up-to-date web browser and can have access from anywhere.” Furthermore, users’ read and write rights can be adjusted easily and individually and project templates can be adapted to current needs. It’s important for every project that the ChangeMaker is hosted in a safe way or runs on the intranet of the company supporting its security standards.
These features make it highly versatile for different kinds of legal projects. Osborne Clarke’s lawyers have already successfully installed it, for example in a cross-border corporate restructuring and in an M&A due diligence. Martin Sundermann comments: “The due diligence is structured from the beginning to the end and is fully documented. Both consultant and client have full transparency and control over the process and the results.” The information is presented in a way that internal and external stakeholders have easy access to all relevant content and are able to use it for future integration.
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