Case Study 6
Acquisition & Merger
A global enterprise supplying wholesale internet communications wished to add a European dimension to their coverage. To jump-start this expansion, they acquired existing internet service providers across Europe, to merge them into the corporation.
Our role was to manage the financial merger of the nine countries (UK, Germany, France, Italy, Spain, Switzerland, Belgium, Netherlands, and Luxembourg), providing each of them with a consistent financial accounting system. This included General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Project Accounting, Purchasing, Invoicing, and Management Information. We provided multiple language support, multiple currency support, and met differing national accounting requirements.
Within six months we had rolled the new accounting system out to four companies with the remainder following over the two subsequent months, financially merging the companies into the corporation.See other case study in this section Back to Restructuring