One of the greatest challenges of orchestrating an M&A is aligning and optimizing separate workforces. Companies can overcome these challenges by leveraging Aquire’s solutions to streamline workforce integration initiatives throughout the M&A lifecycle.
Aquire solutions help guide you through the five critical phases of the M&A workforce integration process:
Phase 1: Pre-Merger Due Diligence
- Generate headcounts at each reporting level
- Analyze existing resources, performance levels and potential gaps
- Identify duplicate roles and responsibilities
- Assess key positions, workforce diversity and aging statistics
Phase 2: Pre-Merger Workforce Modeling Process
- Conduct what-if planning to help determine the optimal model
- Streamline management teams and reporting structures
- Align new cost structures with the proposed hierarchy
- Understand the budget impacts of proposed integration models
Phase 3: Post Merger Communication Process
- Consolidate workforce information from all business systems
- Provide managers with new span of control reports and budgets
- Communicate with employees regarding new role information and timelines
- Provide audit and legal teams with documentation
Phase 4: Post Merger Workforce Management Process
- Finalize the single system of record for hierarchy management
- Integrate all contingent workforce data
- Provide one-click access to consolidated workforce data for analysis and reporting
- Assess all open positions
Phase 5: Post Merger Workforce Optimization Process
- Further align reporting structures with critical business initiatives
- Streamline workforce budgeting and planning processes
- Enhance and improve workforce data integrity through automatic reports
- Decrease operational expenses by surfacing hidden costs, broken processes, etc.