Post-merger Integration and Financial Reporting
Parity was engaged to assist an ASX listed company with the integration of a multi-site manufacturing business acquisition.
Due to business systems incompatibility between the client and acquired business, performance visibility for the new business was poor. A planned rollout of an Enterprise Resource Planning (ERP) system was twelve months away and the client required a management reporting system in the interim.
Working with key finance and management personnel, we developed key metrics required to effectively monitor the businesses, as well as spreadsheet-based operational and financial reports to support the legacy systems.
Parity provided an interim solution for the client that increased visibility and reduced the time to produce reports through efficient links to data. The interim reports were also used as a template to assist with the rollout of the new ERP system.