Three Reasons Why Venture Capital/ Private Equity Operating Partners Need a Cloud Based Solution

1. Review Portfolio Companies Performance

Operating partners need to spend time analyzing and improving operations, not collecting data and financials. Using a cloud based solution allows for quick and easy data submission by portfolio company executives and streamlines the financial review process. This gives operating partners the ability to spend more time analyzing performance and developing strategies to drive future growth.

2. Keep Portfolio Companies Due Diligence Ready

Everyone knows prepping a company for exit is an arduous task that can cause many headaches. Using a cloud based solution to manage your portfolio companies will ensure they are always due diligence ready. Since key documents can be quickly shared with outside advisors and potential buyers, exit processes can be expedited. This also eliminates the need to use an outside virtual data room platform, reducing costs and providing stronger document version control.

3. Share Portfolio Company Results

Operating partners need to share results with numerous other teams (deal teams, investor relations, etc.) which can be difficult and complex. Leveraging a cloud based solution provides a quick and efficient solution that gives every team access to critical documents. This allows everyone in the firm to have access to the most up to date data and understand where each investment stands at any moment.