Post-Merger Integration Day 1 Checklist | HR | IT | Finance

Workstreams include: Finance, Communications, Human Resources, Safety, Information Technology, R&D, Procurement

Day 1 Finance:

Coordinate with IT and business units regarding closing of periods and end of period processing
Ensure Acquired Co. Letters of Credit remain in place under new banking arrangements
Communicate Acquirer limits of authority to Acquired Co.
Execute funds transfer at close
Provide Acquired Co. exposure and claim data to Acquirer brokers to confirm existing carriers will cover acquisition on Day 1
Confirm no change in control issues and existing carrier will continue coverage and list Acquirer as named insured on all policies as back up ...

Communications:

Post-Merger Integration Day 1 Checklist: Over 500 Tasks by Work Stream