Outsourcing and the Economic Crisis, Part III: Post-Merger Technology Integration
In our previous updates, we discussed outsourcing as a tool for significantly reducing costs (“Outsourcing Services in the Face of an Economic Downturn”) and possible strategies for restructuring existing outsourcing deals as we head into a long-term global recession (“Restructuring Existing Outsourcings”). Whilst the current economic climate has resulted in less merger activity than in recent years, there has been an increase in the number of distressed acquisitions, which themselves result in the immediate need to find synergies between the two organizations’ technology systems and processes in order to achieve cost savings and efficiencies. Existing IT systems and processes and existing outsourcing arrangements are central to this. This update discusses some different strategies for IT, outsourcing and process integration and examines the legal constraints or drivers which may impact such strategies.
Please see full update for more information.
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