Technology: The secret to a successful merger or acquisition?

Streamlining the integration process

By leveraging technology early, businesses can create a seamless integration and avoid unnecessary roadblocks down the line.

One of the most crucial aspects of M&A is the due diligence phase. A well-defined IT strategy can be the differentiator in achieving objectives. When organisations carefully evaluate each party’s tech stack, cybersecurity posture and data assets, there’s a smaller chance of error.

Harnessing data for smarter decisions

In the era of big data, informed decision-making has never been easier – or more critical. Without a clear picture of what’s going on, you’ll never be able to make informed decisions, and informed, timely decisions make for more effective M&A strategies.

Leveraging technology capabilities therefore allows businesses to approach M&A processes with clarity and precision, paving the way for more informed strategies and successful outcomes.

Ensuring payroll accuracy

The importance of a smooth payroll mechanism cannot be overstated. People come to work to get paid, and during the chaos and uncertainty of an M&A process, people often feel concerned whether they can rely on that. Ensuring payroll accuracy is a concrete way for an organisation to demonstrate that they’re dependable, even amid big changes.

Merging multiple payroll systems – especially when there are different tax, regulatory and compliance considerations can be a huge administrative burden. Organisations going through the M&A process should leverage technology to automate manual tasks and ensure they’re compliant throughout.

Effective payroll systems make employees feel valued during unsettling transitions, showing that the company is invested in their well-being. Addressing payroll proactively not only avoids administrative headaches but also builds the trust and morale necessary to foster long-term organisational success.

Boosting collaboration

Employee retention and loss of good talent are one of the fundamental challenges organisations face when merging. During an M&A, it's common for employees to feel sidelined, with 80% believing that management cares more about financials than its people. This doesn’t even have to be true – in fact, often both organisations in a merger feel equally sidelined- but the perception of it can be poison to your company culture, in a way that’s incredibly difficult to recover from.

This is where technology comes into play. By using technology to recognise and engage employees, companies can drastically reduce turnover. This is especially vital if you have a remote or hybrid workforce, where people feel can feel disconnected. After all, a good employee experience makes someone more likely to stay.

Unlock the secret to a successful merger

From integrating processes to making data-driven decisions, ensuring payroll accuracy, and boosting employee morale, technology emerges as the key driver in the success of M&As.

As HR professionals, M&A managers, and company owners, leveraging technology can put you on the path to a successful merger or acquisition.

Keen to learn more? Take a look at our: mergers and acquisitions: guide for more tips on leveraging success.