Two letters can make all the difference. It’s not a matter of wordplay. It’s a matter of ability to deal with data. It’s a matter of adding value to your businesses.
Don’t fall into the trap of mixing up digitalization with digitization. There is a vast number of businesses that claim to have digitalized M&A processes. But it turns out, that the most digital thing that many have, is an Excel spreadsheet in pdf-format that is sitting in a data room. Sorry to say, that’s not digitalization. Let’s look at a definition of both terms as well as some examples to provide a straightforward explanation. Understanding the distinctions is important. Why? Well, digitalizing M&A processes, can deliver an efficiency increase and cost reduction of up to forty percent.