- A poll of over 1,700 professionals involved in M&A deals found that 68.4% of organizations undertake finance transformation efforts as part of M&A activity, most commonly after a deal closes. - When asked about challenges for the next 12 months, the greatest was identified as manual, outdated, or duplicative business processes (28.4%). - In terms of implemented technologies as a result of M&As, analytics (21.2%) and workflows (21.1%) were most common. - Over 60% of organizations expect to pursue 1-5 M&A deals in the next 12 months.

1. Copyright © 2022 Deloitte Development LLC. All rights reserved.
How mergers and
acquisitions drive
controllership transformation
Deloitte poll results

2. How mergers and acquisitions drive controllership transformation
Copyright © 2022 Deloitte Development LLC. All rights reserved. 2
Methodology
1,700+
Professionals involved in their organizations’
M&A deals were polled online during a
Deloitte webcast titled “How mergers and
acquisitions drive controllership
transformation: Controllership Perspectives”
on October 13, 2022. Answer rates differed
by question.
In some instances, immaterial amounts (e.g., +/-
0.1%) have been added to or removed from the
“Don’t know/not applicable” answer responses to
bring results to 100% total for each question.

3. How mergers and acquisitions drive controllership transformation
Copyright © 2022 Deloitte Development LLC. All rights reserved. 3
Votes received 2,137
Does your organization undertake finance transformation efforts (e.g., digital transformation, process
simplification, and automation) as part of M&A activity?
Don’t know / not applicable = 12.3%
Yes, prior to a transaction (e.g., pre-merger planning
on what merged finance function will look like)
Yes, during the transaction (e.g., initial work prior to
deal closing)
Yes, post-transaction (e.g., transformation work
begins only after deal closes)
No, my organization does not use M&A as an
opportunity to transform the finance function
12.9%
21.9%
33.6%
19.3%
68.4%
organizations
are undertaking
finance
transformation
efforts

4. How mergers and acquisitions drive controllership transformation
Copyright © 2022 Deloitte Development LLC. All rights reserved. 4
Votes received 2,072
Thinking about the transaction work your organization’s finance and accounting teams do, which do
you think will pose the greatest challenge in the next 12 months?
Don’t know / not applicable = 14.7%
Manual, outdated, or duplicative business processes
Lack of appropriately skilled finance and accounting
talent (e.g., comfortable with intercompany accounting,
relevant accounting standards for new company)
Disparate or outdated technology systems for
managing accounting and financial processes
Conflicting KPI tracking and related reporting
approaches (e.g., for key issues like ESG)
28.4%
26.2%
25.0%
5.7%

5. How mergers and acquisitions drive controllership transformation
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Votes received 1,852
Has your controllership team implemented any of the advanced technologies as a result of M&A
transactions?
Don’t know / not applicable = 31.1%
Analytics
Workflows
Special-purpose technology to execute carve-out
financial statements or purchase accounting
ERP modernization
Virtual project management tools and clean rooms
21.2%
21.1%
15.6%
5.9%
5.1%

6. How mergers and acquisitions drive controllership transformation
Copyright © 2022 Deloitte Development LLC. All rights reserved. 6
Votes received 1,753
Do you expect your organization to pursue an M&A transaction in the next 12 months?
Don’t know / not applicable = 16.4%
52.3%
10.4%
20.9%
Yes – expect to pursue
1-5 deals
Yes – expect to pursue
more than 5 deals
No
62.7% organizations expect to
pursue an M&A transaction in
the next 12 months

7. How mergers and acquisitions drive controllership transformation
Copyright © 2022 Deloitte Development LLC. All rights reserved. 7
Media Contacts
Christine Oh
Public Relations
Deloitte Services LP
chrisoh@deloitte.com
Taylor Graham
Public Relations
Deloitte Services LP
tagraham@deloitte.com

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