Vernovis Ensures Integration Success
THE CHALLENGE
A private equity-owned manufacturer was facing an acquisition, business consolidation, ERP implementation and 100% turnover, just 2 months away from a “go live” date of February 1. Given the critical situation, the CFO needed a partner who could shape the strategy, be hands-on and deliver results. He was searching for an experienced executive who could foresee and navigate obstacles, with expertise in Organizational Design and Strategy, Systems Integration & Implementation, Controllership, amongst others.
THE APPROACH
After meeting with the CFO to fully understand the situation and scope, Vernovis presented a senior consultant, the same day, who had the industry and functional expertise required. The consultant collaborated quickly with the CFO to define the path, establish priorities, engage vendor partners and began to lead and execute with measurable progress. The staff transition and recruiting plan was quickly established. Vernovis also provided an IT and Infrastructure Manager to evaluate all third party relationships and contracts and provide a forward action plan.
THE RESULT
Vernovis’ consultant ensured the target “go live” date was achieved while maintaining business operations. He oversaw the hiring and training of a new team, and managed the delivery of completed timely financials, meeting shareholder and regulatory requirements. In addition, the Vernovis consultant
“reduced financial close from 3 weeks to 5 days.”
Vernovis remediated the client’s 100% turnover, and established process efficiencies.
