Solutions

From Request List to Close-Ready Record.

Import the request list, collect client input privately, review the answer, and post it to the right counterparty from one workspace beside the VDR.

9 Open 4 Partial 11 Closed 0 N/A

Provide audited financial statements (income statement, balance sheet, cash flow statement) for the last 3 fiscal years. Closed Q1.1/Party A/Financial/VDR 3.1/High

Provide a reconciliation from reported EBITDA to adjusted/normalized EBITDA for each of the last 3 fiscal years. Partial Q1.3/Party A/Financial/VDR 3.3/High

Provide a list of top 25 customers by revenue for each of the last 3 fiscal years. Open Q1.4/Party A/Financial/High

Status

OpenPartialClosedN/A

Advisor Workspace

Internal work stays private until the answer is posted.

Client input, advisor review, and counterparty portals stay separate. The deal team prepares the answer in a private channel, then posts only the final response to the assigned counterparty.

Read how deal data is handled

Before the post: deal team only

The answer takes shape with the client in a channel no counterparty can see.

Advisor → ClientPrivate · Client + Advisor only

Client Jul 3 · 6:46 PM

We have the EBITDA bridge for FY2023 and FY2024 ready. FY2022 needs one more week. Our CFO is pulling the addback schedule from the old system.

Jul 3 · 7:46 PM Advisor

That is fine. I marked this Partial in the tracker. We will publish FY2023 and FY2024 now and update with FY2022 when ready.

Message your client…

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After the post: the counterparty's portal

Party A receives the posted answer and its follow-ups. Nothing else crosses.

Q1.3/Financial/VDR 3.3/Partial

Provide a reconciliation from reported EBITDA to adjusted/normalized EBITDA for each of the last 3 fiscal years.

Advisor

We have posted the FY2023 and FY2024 normalized EBITDA bridge in VDR folder 3.3.

Posted · Advisor · Jul 4, 2026 2:17 PM

Send a follow-up or ask for clarification…

Sent to advisor · Ctrl+EnterSend

From incoming list to posted answer.

Keep the tracker model, but move the work out of attachments, email, and private side threads.

Import

Bring in the counterparty request list.
Review

Collect client input and prepare the answer.
Post

Send the reviewed answer to the right portal.

Client Input

Clients contribute without touching the advisor's tracker.

One record, two views. Clients answer in a focused workspace while advisors keep control of what becomes external.

The client's lane

Clients see the questions that need their input. Drafts and context stay inside the advisor-client workspace.

Client

Confirmed: all three years are in 3.1. Note that FY2022 was audited by the prior firm (Grant Thornton). FY2023 and FY2024 are both with Deloitte.

Posted · Client · Jun 28, 2026 1:47 PM

Advisor

Got it. I will note the auditor change in our response so Party A is not caught off guard.

Posted · Advisor · Jun 28, 2026 3:17 PM

Message your advisor…

Ctrl+EnterSend

The advisor's lane

The advisor decides what is ready to post. Status and history stay with the record in the tracker.

9 Open 4 Partial 11 Closed 0 N/A

Provide audited financial statements (income statement, balance sheet, cash flow statement) for the last 3 fiscal years. Closed Q1.1/Party A/Financial/VDR 3.1/High

Provide monthly revenue and EBITDA for the trailing 24 months. Flag any one-time or non-recurring items. Closed Q1.2/Party A/Financial/VDR 3.2/High

Provide a reconciliation from reported EBITDA to adjusted/normalized EBITDA for each of the last 3 fiscal years. Partial Q1.3/Party A/Financial/VDR 3.3/High

Provide a list of top 25 customers by revenue for each of the last 3 fiscal years. Open Q1.4/Party A/Financial/High

Built for M&A advisory Q&A.

Best for advisor-led diligence, with the same tracker discipline useful anywhere outside parties send request-heavy question lists.

Primary useM&A Advisors: Coordinate client input, advisor review, counterparty portals, and the close-ready Q&A record without workbook version control.
Adjacent teamQuality of Earnings Teams: Keep request-heavy diligence organized by owner, workstream, status, and history.
Similar request flowReal Estate Diligence: Run one Q&A tracker when several outside parties need separate answers from the deal team.

Follow one question in the demo.

Inspect how a request moves from import to client input, advisor review, and posted answer.

Or write us at Email Question Pilot.