A network of finance professionals
DAF Club brings together CFOs and transaction specialists. AI lets us read more documents and cross-check more sources, faster. Every figure links back to its source; every conclusion is reviewed and signed off by a professional.
Due diligenceAnalysis notesFinance leadershipAI in finance
Reviewed and signed off on 3 October 2026
O. de VivieEvery figure has a source.
Every conclusion is signed off.
Every limitation is written down.
Expertise
Cash and runway, quality of revenue, adjusted net debt. Red flags quantified and carried into the transaction documents.
A read on a company before negotiations begin, built from public sources. An independent review of a business plan for lenders.
Cash forecasting, reporting, preparing fundraisings and investor relations.
Automated data entry, reconciliations, collections and reporting. We only launch projects that pay for themselves, and we measure the gains.
Method
This division of roles covers more documents without compromising on reliability.
Document, page, date. Anything unsourced is presented as an estimate, with its method.
AI does the groundwork. The conclusions, the red flags and the signature belong to a member of the network.
What was not seen, what is self-reported, what remains to be verified: every note ends with its sources and its limitations.
Tools chosen for confidentiality, access limited to the engagement team, and none of your documents reused to train models.
Scope, sources, timetable and information request list.
AI-assisted collection and cross-checking. Red flags are reported to you as they arise.
A reviewed and signed report, with its sources and limitations, followed by a Q&A session.
Sample deliverable
Example built on fictitious figures, to show the format.
Available cash under three scenarios, €m
The runway ends in M18 in all three cases. If the customer milestone and the grant slip by six months, cash falls to −€0.5m in M13. The curves overlap until M7.
| Month | Plan | Milestone delayed | Milestone and grant |
|---|---|---|---|
| M0 | 6.0 | 6.0 | 6.0 |
| M1 | 5.5 | 5.5 | 5.5 |
| M2 | 5.0 | 5.0 | 5.0 |
| M3 | 4.5 | 4.5 | 4.5 |
| M4 | 4.0 | 4.0 | 4.0 |
| M5 | 3.5 | 3.5 | 3.5 |
| M6 | 3.0 | 3.0 | 3.0 |
| M7 | 2.5 | 2.5 | 2.5 |
| M8 | 4.0 | 2.0 | 2.0 |
| M9 | 3.5 | 1.5 | 1.5 |
| M10 | 3.0 | 1.0 | 1.0 |
| M11 | 3.5 | 1.5 | 0.5 |
| M12 | 3.0 | 1.0 | 0.0 |
| M13 | 2.5 | 0.5 | −0.5 |
| M14 | 2.0 | 2.0 | 1.0 |
| M15 | 1.5 | 1.5 | 0.5 |
| M16 | 1.0 | 1.0 | 0.0 |
| M17 | 0.5 | 0.5 | 0.5 |
| M18 | 0.0 | 0.0 | 0.0 |
Excerpt from a red-flag note
Each finding is quantified and paired with a remedy in the transaction documents.
| Level | Finding | Impact | Remedy |
|---|---|---|---|
| High | €1.0m repayable advance presented as equity. | +€1.0m of adjusted net debt | Price adjustment |
| High | €2.0m customer milestone subject to an unscheduled technical acceptance. | −€0.5m in M13 if milestone and grant slip | Payment in two tranches, the second tied to the milestone |
| Medium | 2025 research tax credit including non-approved subcontracting. | €0.2m receivable at risk | Specific indemnity |
| To document | Capitalised development costs without time tracking. | €1.4m of assets to substantiate | Supporting evidence before signing |
The network
DAF Club members have run finance functions, carried out reviews for lenders and negotiated with investors. The people you meet are the people who run the engagement.
Co-founder · CCF&C
Co-founder · Finance & restructuring
See the founders' full profiles →
Selection based on experience and referral.
FAQ
AI, confidentiality, how an engagement runs.
It makes it more complete. It lets us read an entire data room and cross-check every figure against its sources. Reliability comes from the method: every figure is sourced, every conclusion is reviewed and signed off by a professional.
Yes. Our tools are chosen and configured with confidentiality as the priority: access limited to the engagement team, written rules on what may be passed to a third-party service, and no document reused to train models. These rules can be written into your confidentiality agreement.
Both. Before every due diligence, we check for any conflict of interest with the target company and confirm it to you in writing.
Our typical timetable is three weeks, aligned with the deal timetable, with a red-flag note from the second week.
We are based in Paris. We travel on site for the key moments of an engagement, anywhere in France. The rest is done remotely.
Usually not. AI plugs into your existing tools (accounting, ERP, spreadsheets, CRM). We start from your current setup, without a costly overhaul.
Contact
A first conversation is enough to agree the scope, the timetable and the information request list.
contact@dafclub.fr
+33 1 84 25 27 22
Paris · anywhere in France