Capital Insights

Handoff Readiness: Require the Receiving Team to Confirm Usability

Medro Advisors · Research and commentary from Don McClain

By Don McClain | Founder & Principal, Medro Advisors

A handoff is not complete merely because a file was sent. Before moving a transaction to its next stage, ask the receiving party to confirm three things: the material is readable, it answers the specific question, and it reflects the current version. Record unresolved exceptions separately from accepted items. An acknowledgement of receipt is not a substantive review. A substantive review is not a financing approval. This small acceptance check can expose a missing schedule before several teams rely on an incomplete package. Medro Advisors can help organize transaction coordination; each professional remains responsible for their own review.
Author: https://www.donmcclain.net/
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