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Frequently Asked Questions
What is the difference between pre-diligence and full due diligence?
Pre-diligence is a fast, public-data-based first pass that takes ~30 seconds with Argus and costs nothing per report beyond the subscription. Full due diligence is a 4-12 week deep review of confidential financials, contracts, operations, and legal records that costs $50,000–$500,000+. Pre-diligence determines whether full diligence is worth running at all.
How accurate are AI pre-diligence tools like Argus?
Argus and similar AI pre-diligence tools are highly accurate for what they cover: publicly available data on business profile, key people, properties, IP, litigation, corporate filings, and web presence. They cannot access confidential financials or internal documents — that is what full diligence is for. The value is in catching red flags and verifying seller claims before you commit to a deal process.
What data sources does Argus query to generate a Target Report?
Argus queries 20+ data sources simultaneously, including public business registries, court records for litigation signals, patent and trademark databases, property records, Secretary of State filings, UCC filings, news and press coverage, social media profiles, and web presence data. Results are synthesized into a structured Target Report in approximately 30 seconds.
