ERP Selection Private Equity-Backed Portfolio Company
ERP Selection Private Equity-Backed Portfolio Company
N2M was selected to lead an ERP Selection for a newly acquired Portfolio Company for a global Private Equity firm that focuses on buyouts of mid-market companies. The portfolio company is a global manufacturer and distributor of home products with revenues of $500m. N2M has a long-standing relationship with the Private Equity firm and has provided various services for multiple portfolio companies.
The portfolio company had numerous divisions running disparate systems. Their objective was to consolidate ERP, CRM and HR into a standardized and global templated ERP system.
The company had multiple issues and challenges:
- Lack of integration between systems
- Outdated legacy systems
- High customizations
- Old and outdated infrastructure
- Multiple manual processes
- Numerous applications, products and divisions
- No standardization across products in business entities
- Difficulty to generate executive reports
N2M led the ERP selection, identifying specific systems that were a potential fit for the clients business, specialized industry, size and budget. N2M successfully led the selection. N2M brought specific industry knowledge and best practices that were critical to the client’s success, as well as in-depth ERP knowledge that allowed our team to expedite processes and procedures.
N2M was further engaged to lead the ERP consolidation and implementation of a global cloud ERP solution.
ERP Selection Private Equity-Backed Portfolio Company
- Successfully led complex ERP system selection to consolidate multiple divisions on a common system
- Identified ERP systems that were a fit for the client’s specific requirements as the client had multiple integrations with key systems
- Coordinated and oversaw vendor demonstrations
- Specialized expertise allowed us to help select system that would result in lowest ongoing costs for the client due to complex integrations as well as providing an easier global platform for growth
- Provided specialized industry and technical expertise that was critical to the client’s success
- Further retained to lead complex integrations and implementation of common cloud-based ERP system
- Retained after selection to provide project management services for other critical projects
N2M has over thirty years of experience in ERP. Our team is comprised of industry veterans and former executives from PeopleSoft, Oracle, SAP and Accenture.
Project:
ERP Selection – Private Equity-Backed Portfolio Company
Client:
Private Equity firm and Portfolio Company
Year:
2021
