How Blockchain Can Simplify Post-Merger Master Data Management

Blockchain enables new ways of sharing data across a network of organizations. It is a type of database that helps businesses create a new, trusted architecture where they can more reliably and securely share data with different partners.

One of the greatest pains companies face when they go through Mergers and Acquisitions (M&A) or have multiple instances of source of records for master data is post-merger activities like:

• How to integrate data, both transactional and master data
• How to make sure the Parent Company Financial SLA does not change (period close)
• How to make sure the reporting is right and seamless for the Parent Company so actions can be taken promptly
• How much to spend on effective data integration.
• How to make sure there is seamless experience for the employees who joined the Parent Company (HR, Payroll, etc)
• How to ensure the most valuable asset ...