Businesses looking at M&A post-Covid-19 need to keep integration in mind

Businesses looking at M&A post-Covid-19 need to keep integration in mind

Mike Kiersey

Principal Technologist at Boomi

Views 754

Businesses looking at M&A post-Covid-19 need to keep integration in mind

22.05.2020 09:15 am

At a time when M&A has the potential to become increasingly strategic, a clear post-merger integration plan becomes vital to maintain business-critical applications, IT systems and data. Both companies involved need to understand the importance of a harmonised infrastructure, and the severe implications of a failure to integrate two different systems.

Business integration needs to be swift, broken down into manageable chunks and with seamless application and data integration for all services. In this way, data points become more accessible and clear, united by a master data management solution able to cross departmental and geographic borders in an agile yet controlled manner.

At the crux of M&A success lies a strategy able to make the data accessible and provide the correct governance. For a fully successful merger, both parties will need to be able to access raw data from a single platform, based on which the company can decide which innovation approach to take for customers, partners and employees moving forward.

 

Latest blogs

n/a n/a

How COVID-19 Is Ushering In a New Era of Cashless Technology

  Image source: https://www.pexels.com/photo/person-shopping-online-3944405/   Cashless technology isn't a completely fresh concept. People have been using credit cards for decades, and the market for fintech services has been Read more »

Jean Shin tyntec

Using WhatsApp for 2FA is the Future of Banking

From user authentication and password resets to transaction verification, two-factor authentication (2FA) offers basic but useful protection for consumers. The 2FA process typically sends an SMS sent to the customer with a one-time password (OTP). Read more »

Amir Ghodrati App Annie

The Role of Fintech Apps in Navigating This Period of Financial Insecurity

Economic instability has been ricocheting throughout the stock market in the wake of the global coronavirus pandemic. Its effects have been felt across all industries, with winners and losers’ across different sectors. So, how has fintech Read more »

n/a n/a

How to Choose a VPN for Digital Privacy & Security

In a world where almost everything is connected, and where hackers and other malicious people are roaming the internet, it is always advisable that you take every precaution that you can to enhance your data security and privacy protections. Using a Read more »

Ben Slater Instaclustr

The Case for Adopting Open Source – Own Rather Than Rent the Foundations of Your Business

For some time open source was seen as something that only the biggest companies could use and play with. But with the modern, increasingly fast business environment, the use cases for open source are in everything and the technology is increasingly Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel