Secure M&A process with Business Software
Onboarding new employees is among the biggest challenges in any M&A. It’s crucial to start them on the right track as fast as is possible. Ineffective onboarding procedures can result in a decrease in productivity and lead to a high rate of turnover following an M&A. It’s also vital for the acquiring company to integrate the newly acquired workforce as quickly as possible to reap the benefits of the merger.
During the M&A process, IT teams must integrate users from both systems in an efficient way without causing security holes and compromising data integrity of the acquired business. Onboarding acquired workers using their own devices or third-party apps, such as cloud-based services and social media is a major challenge.
Cybersecurity professionals must tackle these issues by integrating themselves into the M&A processes from the beginning and ensuring they are aware of all moving parts. This includes the post-merger integration stage and due diligence assessment. It’s crucial that CISOs approach M&As with a service-oriented mindset and present cybersecurity risk in a manner that executives understand. This involves not using technical jargon or using metrics executives can understand for example, financial impact or reputational damage.
Our M&A software solution allows you to monitor and manage the M&A process through one dashboard that displays all activities, targets, conversations, emails, documents and issues in real-time. You rentalsamericainc.com can also create reports, lists, and fields to adapt it to your specific needs. Additionally, we’ve added built-in features such as two-factor authentication and audit logs to help you maintain security controls and compliance with policies.