Due Diligence

Due Diligence

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Audit Plan

The audit plan is a plan that needs to be approved by the client and defines the areas and methods of examination. It includes a detailed plan for assessing the technical condition of the software, including architecture, code quality, security, compatibility, licenses, legal requirements, and the expertise of the development team.

Audit

During the audit phase, a thorough evaluation of various aspects of the software is conducted. This may involve gathering data, conducting interviews with key personnel, examining the technical implementation of the software, reviewing documentation, and conducting possible technical tests and checks.

Results Analysis

The results of the audit are analyzed extensively to assess the current state of the software and identify its benefits, risks, and development needs. The analysis focuses on the amount of technical debt and potential challenges in developing new features, the impact of changes, the increase in bugs, and other business risks.

Final Report

The final report presents a summary of the audit process, examines the results, and draws conclusions about the state of the software. The report includes a detailed assessment of the software’s strengths, weaknesses, and development needs. It may also provide recommendations and suggestions for improving the software and the need for corrective actions.

Development Plan

The development plan is based on the results of the audit and the final report. It includes specific proposals and actions that can be implemented to improve the software. The plan defines prioritized tasks, schedules, and necessary resources to move the software from its current state towards the desired state.

Assessment of Corrective and Modification Investments

The assessment of corrective and modification investments examines the economic impact of implementing the development plan. It considers the costs, timeline, expected benefits, and productivity improvements resulting from corrective actions and modifications. The assessment helps the client understand the overall impact of the investments and make informed decisions.

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Due Diligence

Thorough Software Evaluation: Technical Due Diligence

Technical due diligence is a comprehensive assessment and analysis of the software, determining its current state and required investments. The goal is to understand the software’s benefits, risks, and provide development recommendations. The evaluation covers the software’s lifecycle, code quality, architecture, security, and compatibility. Additionally, licenses and compliance with relevant legislation, such as GDPR and accessibility, are evaluated. Due diligence supports decision-making in investments and business transactions. The plan is approved before the audit, and the final report presents the results, along with a development plan and investment assessment.

The audit may include:

  • Technical implementation of the system
  • Documentation
  • Competence of the target company’s development team
  • Key personnel of the development team
  • Scalability of development processes and support functions
  • Licenses
  • GDPR compliance
  • Accessibility

Continuous Services

Efficient Continuous Services for Business Success

Our services ensure smooth operation and long-term success for your business. From our range of continuous services, you can find solutions for software consulting, DevOps, and meticulous software evaluation.

Our knowledgeable team provides software consulting services, offering expertise in both short-term and long-term software projects. Architecture review, implementation review, process review, and subcontractor evaluation guarantee the smooth progress and high-quality execution of your projects. With database consulting and optimization, we ensure the efficiency and performance of your database systems.

Our DevOps services help you achieve speed, quality, and collaboration in software development. We leverage Continuous Integration (CI) and Continuous Delivery (CD) methods, enabling continuous software delivery and testing. Infrastructure as Code (IaC) solutions help us create scalable and manageable infrastructure. Monitoring and Code Quality Review ensure the performance and security of your systems.

Additionally, we offer Due Diligence services where we carefully assess your software. Through an audit plan, auditing, results analysis, final report, and improvement plan, you gain a comprehensive understanding of your software’s condition. We also assist in evaluating corrective and change investments.

“Monad’s experts quickly immersed themselves in the project, and the initial assessment laid a solid foundation for the project. We have been able to catch up on the technical debt of the platform with the first software platform release.”

Sakari Palokangas

Architecture and Technology Manager, Glaston

Next Steps

Should we get started?

Let’s talk

Together, we can go through your situation and needs so that we can make a proposal on how to continue.

Antti Riikonen, CEO
+358 50 480 2426
[email protected]