Finance Monthly October 2019 Edition

17 www.finance-monthly.com FINANCE & BUSINESS - INTEGRATED M&A TRANSACTION MANAGEMENT 4.0 In order to implement state-of-the-art integrated transaction management, only a few steps are necessary. In addition to the clear commitment of management to this approach, choosing the right tools and establishing the approach is crucial. Irrespective of individual implementation concerns, the following principles can contribute to successful project management: 1. Clearly define general and specific goals for the company and M&A project teams. 2. Placing the M&A project teams with a clear governance structure. 3. Providing sufficient resources to plan upcoming projects and to complete the ramp-up phase. 4. Staffing the project with experienced managers and utilising their experience and know-how. 5. Use of established, standardised tools and processes that function across the enterprise and are beta-tested. 6. Establish decision-making structures, reporting and efficient transparent communication mechanisms. 7. Including sponsors and experts to reach business decisions and overcome groupthink. 8. Efficient proactive risk management. 9. Ranked decision-making matrixes based on (ex-ante defined) information. 10. Use of proven (IT) tools for efficient project design. Integrated Transaction Management 4.0 bundles all the necessary topics for a successful transaction and, with the associated M&A 4.0 solutions, provides the prerequisites for an efficient process. ARTEMIS Group supports the implementation of an integrated transaction management system tailored to its client’s needs. This trusted approach ensures the wise use of resources and high stakeholder awareness regarding project status. ARTEMIS M&A 4.0 oriented platforms and tools increase process and cost-efficiency. Additionally, ARTEMIS Group provides operational support for the transaction manager as a central point of intersection between the company, external consultants and targets.