04:05 Issue 21

04:05 APAC

Payroll is one of the fastest ways an acquisition can inherit regulatory exposure, employee mistrust and unplanned financial liability. More often than many organisations expect, payroll becomes one of the most significant post-deal surprises, because it was never viewed as a risk in its own right. Payroll’s Hidden Role in Mergers and Acquisitions

Author: Stacey Kavanagh Stacey Kavanagh is the Managing Director and Co-Founder of KJM Consulting , where she advises organisations on payroll, workforce management and technology risk across complex operating environments. She has deep experience supporting M&A activity, payroll remediation and compliance-driven transformation.

Why Payroll Issues Can Derail Deals Long After Completion I n mergers and acquisitions, payroll is rarely treated as deal- critical. Attention is focused on valuations, technology platforms, headcount and financial position. Payroll is acknowledged as an important aspect for cutover, but often assumed to be something that can be ‘cleaned up’ after the transaction completes. In Australia, that assumption carries real risk.

68 I 04:05

GLOBAL PAYROLL MAGAZINE ISSUE 21

Made with FlippingBook - Share PDF online