Edgewater Fullscope Blog

Debunking Myths: Retaining Disparate ERP Systems during Mergers & Acquisitions can Save Money

Sep 11, 2014 5:00:08 PM

September Blog Series: Debunking Myths

Insights from: Connie Keasler (Inside Sales Representative)

ERP Myth for Mergers and Acquisitions 

Many manufacturers believe they will save money during an acquisition of a company, which currently uses an outdated ERP system, by leaving that old system in place instead of replacing it. The truth is that doing so can significantly impact the new entity in many ways.

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Debunking Myths: Quick Mergers & Acquisitions are Better

Sep 9, 2014 5:00:07 PM

September Blog Series: Debunking Myths

When companies undergo a merger or acquisition it is imperative for both parties involved in the integration to understand the other's processes and systems, and recognizing the amount of time this process requires for proper due diligence is crucial.

Once the purchase phase is completed, companies enter the transition phase, which involves record reviews on both sides. Imported data from each company's respective ERP systems is consolidated into Excel spreadsheets and reviewed for information that is vital to the long term success of the new partnership.

The data gained from this review falls into three categories:

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