Taking over a company is an exciting but risky challenge for any entrepreneur. How can a deteriorating situation be turned around? Or, even more difficult: how do you improve the performance of an already healthy business?
Generally, a full audit of the IT system (operational effectiveness, performance, scalability) is included in the audit of the production tools, alongside accounting, financial, legal, tax, HR or industrial audits. No more, no less.
I am taking over a company… Why should I be interested in its IT setup?
The information system covers all the hardware and software used in a company. It is the driving force behind the business. The information system is therefore at the core of all processes: it defines how every department operates, structures management, and organises production and administration.
In short, it is one of the main levers for future performance gains, and it is unthinkable not to take a close interest in it. And yet, it is often underestimated by the prospective buyer…
My company is not, or is only barely, computerised…
Why should I consider a digital transformation?
You need to understand this: if the company you plan to take over is not, or is only slightly, computerised, you can easily improve its economic efficiency by streamlining its processes.
At the heart of the information system (IS), the business management software (and even more so the IT partner you choose to implement it) must fit the specific needs of your business while embedding best practices at every level of your company.
One example among many: sales performance. The CRM module of ERP software is a solution designed to better organise the sales process.
The sales teams will have a system to organise their follow-ups, allowing them to significantly grow their sales: up to 30% increase in revenue!
My company is already well equipped with IT...
Why modernise your information system?
If your company is already well computerised, it is just as urgent to address the issue. IT is evolving at a very high speed and what was still impossible a few years ago is now possible today.
For example: multi-site. If your company has several locations and was computerised about ten years ago, it is very likely that you had to design your processes site by site.
Today, with the advent of the Cloud, you can design your processes in a much more global way, opening the door to new ways of organising and collaborating!
40% increase in performance
A modernised information system can deliver performance gains of up to 40%. Exactly what you need to kick-start your business recovery with peace of mind....
The most urgent step will then be to look at your management software and all the building blocks that make it up (CRM, HR, quotation and invoice management, etc.). But even more important than the tools themselves: the IT partner who must be able to implement your new information system, making your company more efficient while adapting the tools to the specific needs of your business.