New Back-Office Tech Can Speed Up Mergers
It took Horizon Pharma PLC just six weeks to integrate the $510 million speciality drugmaker, Crealta Holdings LLC, a process that would have previously taken a year.
But that was before Horizon embraced new back-office technology, which also is helping it find ways to integrate the two companies’ production, logistics and sales information using cloud computing, which allows employees to access data and software over the internet.
…More companies are upgrading their technology to get a leg up when they acquire another firm, as the ability to smoothly integrate different software systems is becoming a bigger factor in a merger’s success. New Back-Office Tech Can Be a Merger’s Best Friend
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