HR, Payroll, Benefits, Finance and IT Due Diligence for M&A

  • Elara provides thorough due diligence by assessing HR, payroll, benefits, finance, and IT functions, identifying risks, costs, and opportunities in M&A transactions.

  • - Financial and operational risks mitigated

     - Realistic cost projections and cost-saving opportunities identified

     - HR, payroll, benefits, finance and IT complexities identified

  • Step 1: Initial consultation to understand the deal. 

    Step 2: Detailed audit of systems and processes. 

    Step 3: Presentation of findings and risk mitigation strategies.

Global Payroll Optimization and Compliance

  • Elara streamlines payroll processes to ensure compliance with local, regional, and global regulations. We improve payroll accuracy, reduce processing times, and ensure clients are aligned with changing laws.

  • - Compliance with all relevant laws 

    - Reduced payroll errors 

    - Faster, more efficient payroll processing

  • Step 1: Evaluate current payroll processes. 

    Step 2: Identify inefficiencies and compliance gaps. 

    Step 3: Implement optimized, compliant payroll solutions.

Divestiture Planning

  • Elara helps companies plan divestitures, ensuring smooth separation of HR, payroll, benefits, finance and IT systems while minimizing disruptions to the business.

  • - Clear separation timelines

    - Minimized operational disruption

    - Structured divestiture processes

  • Step 1: Divestiture planning

    Step 2: Conduct divestiture strategy sessions 

    Step 3: Provide phased divestiture roadmaps

Divestiture Execution

  • Elara provides comprehensive support for divestiture execution by integrating HR, payroll, benefits, finance, and IT systems, ensuring seamless separation, risk mitigation, and operational continuity throughout the transition

  • - Seamless separation of business functions 

    - Reduced operational risks during divestiture 

    - Efficient transition to new ownership

  • Step 1: Develop a divestiture roadmap

    Step 2: Manage system separations and operational handover

    Step 3: Ensure compliance and stability through the divestiture process

Vendor Management and Outsourcing Strategy

  • Elara helps clients develop and execute vendor management and outsourcing strategies, from vendor selection to managing transitions and ongoing vendor performance.

  • - Improved vendor performance and accountability 

    - Reduced operational costs through outsourcing 

    - Streamlined vendor management processes, including contract compliance

  • Step 1: Vendor and outsourcing needs assessment. 

    Step 2: Develop a vendor management plan. 

    Step 3: Manage transitions and ongoing vendor performance.

IT Systems Implementation and Integration

  • Elara provides full-service IT system implementation, including cloud platform transitions, ERP rollouts, and integration with HR, payroll and finance systems. We ensure that clients’ technology infrastructure aligns with their operational needs.

  • - Enhanced scalability and agility 

    - Seamless integration with existing systems and improved data flow

    - Reduced operational risks and enhanced performance

  • Step 1: Consultation to assess systems.

    Step 2: Create an implementation and integration plan. 

    Step 3: Execute implementation with minimal disruption and provide post-launch support.

Our Services

Pre- and Post-Acquisition Integration

  • Elara manages the integration of HR, payroll, finance, and IT systems before and after acquisition, ensuring smooth transitions and operational alignment.

  • - Seamless system integration 

    - Minimized downtime and disruptions 

    - Enhanced operational efficiency

  • Step 1: Consultation to assess acquired systems. 

    Step 2: Development of a tailored integration plan. 

    Step 3: Execution of integration with ongoing monitoring and support.

Operational Risk Management and Mitigation

  • Elara identifies and mitigates operational risks in HR, IT, finance, and payroll, ensuring a risk-aware approach to business operations and transitions.

  • - Reduced unplanned costs

    - Operational risks mitigated

    - Strategies to minimize disruptions.

  • Step 1: Risk assessment

    Step 2: Development of mitigation strategies

    Step 3: Monitoring

Shared Services Strategy

  • Elara designs and implements shared services models that help clients streamline their HR, payroll, benefits, finance and IT operational functions, driving greater efficiency and reducing operational costs.

  • - Centralized operations 

    - Reduced costs 

    - Improved service delivery aligned with business goals

  • Step 1: Initial organizational and operational assessments

    Step 2: Shared services design

    Step 3: Implementation and optimization plans

Shared Services Implementation

  • Elara assists with shared services implementation by streamlining HR, payroll, benefits, finance, and IT functions into a centralized model, improving efficiency, reducing costs, and enhancing service delivery across the organization.

  • - Centralized business functions 

    - Reduced overhead costs and optimized resource allocation

    - Enhances and consistent service delivery across global operations

  • Step 1: Implementation of shared services infrastructure 

    Step 2: System and process integration 

    Step 3: Provide continuous support to optimize performance.

Employee Experience Optimization

  • Elara focuses on enhancing the employee experience by improving systems and workflows, improving benefits and payroll management, and increasing engagement through digital tools and better communication.

  • - Increased employee engagement 

    - Improved retention 

    - Enhanced productivity and satisfaction

  • Step 1: Assess current employee experience via feedback analysis. 

    Step 2: Develop and implement strategies to improve processes and systems.

    Step 3: Monitor employee satisfaction and provide ongoing optimization support.

Global Transformation

  • Elara leads global transformation projects, aligning HR, payroll, benefits, finance and IT and operational systems across regions, ensuring consistency and scalability for multinational companies. Elara leads the transformation from design to execution.

  • - Better scalability

    - Standardized processes and increased operational efficiency 

    - Consistency across global operations

  • Step 1: Assess existing HR structures. 

    Step 2: Develop global transformation strategy. 

    Step 3: Implement new processes and systems with continuous monitoring and optimization.

Organizational Change Management

  • Elara guides organizations through change by managing the human and operational aspects of transitions, ensuring employee buy-in and smooth adoption of new systems and processes.

  • - Enhanced employee engagement

    - Successful adoption of changes 

    - Minimized resistance to new processes and technologies

  • Step 1: Change readiness assessment

    Step 2: Communication strategy, training

    Step 3: Implementation support.

Post-Merger Stabilization

  • Elara offers stabilization services to help clients manage HR, payroll, benefits, finance and IT functions post-merger. We ensure that all systems are running smoothly and that operational risks are mitigated.

  • - Ensured operational continuity 

    - Minimized system stability issues 

    - Improved post-merger integration and performance

  • Step 1: Post-merger assessments 

    Step 2: Identify issues or risks that need stabilization. 

    Step 3: Implement stabilization plan with ongoing monitoring and support.

Technology and Cloud Platform Transitions

  • Elara assists clients in transitioning to cloud-based platforms, ensuring IT systems are scalable, secure, and aligned with the company’s growth and operational goals.

  • - Improved scalability and flexibility 

    - Secure and reliable cloud solutions 

    - Reduced infrastructure costs

  • Step 1: Consultation to assess cloud needs. 

    Step 2: Develop transition plan. 

    Step 3: Execute migration and provide post-transition support.

Compliance and Regulatory Guidance

  • Elara ensures that HR, payroll, benefits, finance and IT operations are fully compliant with international, national, and regional regulations, minimizing legal risks a d exposure to costly fines and operational delays.

  • - Regulatory compliance 

    - Reduced legal and financial risk 

    - Streamlined compliance processes

  • Step 1: Conduct compliance audit and risk assessment. 

    Step 2: Implement necessary adjustments to meet regulatory requirements. 

    Step 3: Provide ongoing compliance monitoring and updates.