Businesses do not always have the information necessary to make an informed decision regarding potential partners, acquisitions, capabilities or opportunities. Through Information Technology (IT) due diligence documentation Tapestry will highlight unrecognized or potential issues in an organization, accurately evaluate a potential business opportunity and ultimately empower an organization to negotiate from a position of strength.
Business operations are extremely dependent on IT, especially since the advent of the Internet. More specifically, the management of information/data and financial reporting makes IT a main concern during Mergers and Acquisitions (M&A). Nonetheless, IT counts among one of the largest capital and operational expenditure items, and businesses must find better ways of deriving value/leveraging IT assets—including converting some aspects of IT from being cost centers to profit making corporate entities. Tapestry can help an organization increase its efficiency through the process of due diligence and its associated documentation. Tapestry’s IT due diligence documentation services and its proactive approach can help organizations save millions of dollars in losses, time and delays. Due diligence documentation services include:
- Risk Mitigation in the Following Business Events:
- Outsourcing or Contracting
- Acquiring Another Company
- Merging with a Partner
- Funding a Software Organization or Project
- Assessing the IT Function of a Potential Acquisition or Investment
- Current State of IT Capabilities:
- Systems
- Infrastructure
- Organization
- Cost Savings:
- Spending Levels
- Opportunities (i.e. Consolidation of Data Centers or Servers)
- Risk Assessment
- Business Continuity
- For New Systems (i.e., Development and Status)
- Personnel (e.g., Key Resource Retention)
- Scenario Planning for Future Business Endeavors
- Create Technology Strategies
- Assess and Provide an Overview of Technical Capabilities of the Business that is Planned to be Acquired
- Provide Technical Competitive Advantages and Weaknesses
- Assess Technical Personnel
- Provide Copies of User Documentation by Product (Current and Historical)
- Provide Copies of Technical Requirements, Code Strategy by Product (Current and Historical)