Secure M&A Process With Business Software
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Secure M&A process with Business Software
One of the greatest challenges of any M&A is onboarding a large number of new employees and getting them up and running with minimal disruption. Ineffective onboarding practices can result in a decrease in productivity and lead to a high rate of turnover following M&A. It’s also vital for the acquirer to take on the new workforce quickly to maximize the synergies from the deal.
During the M&A process, IT teams must integrate users from both systems in an efficient manner without causing security vulnerabilities and compromising data integrity of the acquired business. Incorporating employees from acquired companies using their own devices, or third-party apps like cloud-based social media or cloud-based services is a difficult task.
Cybersecurity professionals need to tackle these issues by integrating themselves into the M&A processes from the beginning and making sure they are aware of all moving components. This includes the due diligence assessment and post-merger integration phases. It is imperative that CISOs approach M&As with a service-oriented mindset and present cybersecurity risks in a way that executives can understand. This involves not using technical jargon or using metrics executives can understand like financial impact or reputational damage.
Our M&A software solution helps you manage and monitor the M&A process using an integrated dashboard that shows all the activities, targets, documents, emails, conversations and issues in real-time. You can modify the software to meet your specific needs by configuring fields, lists, and reports. Plus, we’ve included built-in features like two-factor authentication and audit logs to help you ensure security controls and ensure compliance with the policies.