Mergers and Acquisitions: The Role of the Office of the CFO and the Technology Opportunity
This IDC Perspective discusses the role of the office of the CFO and the technology opportunity in mergers and acquisitions. Merger and acquisition success depends on the involvement of the office of the CFO and often companies forget that the CFO and their team will enable a successful integration and insight on the deal, which can help with due diligence, valuation, and compliance. The burden to the office of the CFO is heavy. Here we explore the technology functionality required, time, cost, and outsourcing for M&A."During the past five years, companies have continued to increase their M&A activities for various strategic reasons. Companies try to outsource their M&A transactions but often the burden falls to the office of the CFO causing added work without the right resources. In this digital world, the technology opportunity is vast to help organizations change up their M&A processes." — Heather Herbst, research director, Worldwide Office of the CFO, IDC
Please Note: Extended description available upon request.
Executive Snapshot
Situation Overview
Why Is the Office of the CFO Heavily Involved in M&A?