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In today’s data-driven world, merging with or absorbing another company can seem stressful, to say the least. Fortunately, cloud-based technology makes it simpler than ever to integrate the infrastructures of two or more companies. It provides several benefits that allow companies to enhance their own operations, even in the middle of a merger or acquisition.
Duro Bag was once a small, family-owned paper bag manufacturing business with traditional IT needs. After being acquired by a private equity firm, a new entity was created called Novolex. After a flurry of acquisitions, Duro quickly became part of the largest paper bag producer in the world with nearly 2,000 employees and billions of dollars in revenue. The CIO and Director of IT suddenly found themselves in charge of the IT infrastructure for an organization that was no longer a small manufacturing company, but instead a billion-dollar enterprise with multiple subsidiaries, and more coming on board.
A post-merger IT integration is a significant endeavor. The parent company wants to get up and running as quickly as possible while enabling long-term growth. Interlink offers a six-phase process that is designed to facilitate a smooth transition and streamline business processes across the entire organization. Each phase works to ensure that IT is building the integration between the businesses, limiting impacting on existing cash flow, and is leveraging the cloud where it makes sense. Here are our six phases of IT integration:
A company’s IT systems play a critical role in their daily business operations. To prevent business disruptions and delayed revenue growth, organizations must have a plan in place to streamline the IT integration process post-merger. Without one, companies risk the following costly mistakes: