In this M&A Readiness podcast, Mercer HR Operations and Technology expert Elizabeth Bryant joins Jeff Cox to discuss why HR readiness is critical for driving the value of a deal, cautioning that a new company can suffer from Day One in the absence of integrated HR technologies.
How much time do companies going through a transaction need to select and implement a new HR technology vendor?
“In a non-M&A environment, a traditional vendor assessment selection may take three to six months or even more,” says Elizabeth. “But with the compressed timeframes of today’s market, we utilize a rapid methodology approach.” That fast-track approach, which relies on the expertise of subject matter experts, can suit timeframes as compressed as four to five weeks, plus an additional two to three weeks for contracting with the vendor.
“Regardless of how much time you have to work with, the time to start looking at HR technology requirements is now,” Elizabeth emphasizes.
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