Credex fully integrates with technology to perform mission critical financial due diligence procedures. This allows us to minimize expensive hours worked by a CPA and pass those saving to you the user. Credex is not a full replacement for a full scope QofE but rather a solution to the thousands of business buyers out there who do not need nor can afford a full scope QofE from traditional CPA and Advisory firms.
Credex provides the following services:Financial AnalysisDeal ReviewsProof of Cash ProceduresEssential Diligence - "The Credex Report"General Deal Advisory
A Proof of Cash is a process by which a Company’s financial statements are reconciled back to the Company’s bank accounts. This ensures that the financial performances stated on the financial statements can be supported by the cash that is deposited and withdrawn from the bank account. This is a highly technical accounting procedure that should be done by a experienced professional.
Credex leverages technology to decrease the number of hours spent on each engagement by a CPA. We are able to leverage these savings and share them with you. This means you aren't paying CPA's to key in data.
YES, each engagement that is delivered to a client is reviewed and worked on by one of our dedicated and experienced advisors.
The average engagement takes 5-7 business days, from the time Credex receives all requested data, to complete.
