Thank you!
We will contact you shortly.
Client: BeSafe
Business: Telecommunications
Budget: $3.2 million
PPG Financial has helped a global manufacturer of telecommunications equipment
to modernize their financial operations.
Task
To integrate financial operations with a newly acquired company in common service centers: – Develop a 100-day roadmap to shared service center financial structure– Terminate a $4M monthly transition services agreement (TSA)– Migrate the legacy financial system to a company owned platform
Solution
Perform full-scale integration of financial systems after the merger of two companies:– Developed a new “lift and shift” plan– Served as an intermediary to end TSA and gain permission to duplicate the present Orackle infrastructure– Assisted in implementing Orackle and Hypergion systems and upgrading staff's professional skills
Results
– Ended reliance on $4 million monthly TSA– Integrated financial systems for the newly merged company three times of its original size– Improved financial IT infrastructure ensuring more robust predicting and budgeting
Services we provided
– Financial Planning – Economic Capital Management – Risk Assessment
Anthony White
"Throughout this project, PPG Financial was responsive and adaptable to the various changes that occurred, while remaining focused and productive. Additionally, PPG Financial has a sharp understanding of our business processes and technology environment, which has offered us the added benefit of not disrupting our own staff during this important integration."
Appointed Experts
Ann Perry
Expertise: Global Risk, Corporate Finance, Lender Advisory, Strategic Communications
Edna Webster
Expertise: Global Risk, Corporate Finance, Lender Advisory, Financial Planning
Have a Similar Case?
Leave your contacts to get a free financial consultation today!