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activpayroll - merger and acquisition payroll support services |
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When a company or organisation expands through merger or acquisition, one of the hot topics will inevitably be payroll and, in particular, ensuring that all employees of the new entity are paid promptly and accurately from day one. Failure to make this happen is simply not an option – there are few more de-motivating scenarios than entering a brave new era of expansion with a disgruntled workforce!
activpayroll has a wealth of experience across many industry sectors in dealing with domestic and international mergers and acquisitions to ensure that the new payroll processes are delivered on time.
Carrying out a rigorous compliance audit during the transition period is critical (research has shown that over 95% of businesses have resident non-conformance issues in terms of payroll). activpayroll can audit both internal policies and any legislative matters that require to be addressed. These issues can significantly affect the deal structure before close.
As part of this transition period, activpayroll ensures that policies, systems and visibility during the transition are streamlined where possible and communicated to the various stakeholders on the management team as and when required through effective project management tools.
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