Private Equity firms more than ever are looking for ways to improve the performance of their portfolio companies. As we all know, Information Technology (IT) has the potential to do just that, however the majority of system implementations are not successful, leading IT to be a barrier instead of an enabler. In this newsletter, we will outline how the probability of a successful implementation can be dramatically increased, and we will explain the factors that lead to projects being implemented on-time, within budget and,most importantly, will provide the functionality to allow your companies to maximize their value. In our Summer 2004 newsletter, we discussed the process of selecting the right new business system, and this article assumes that has taken place and we are now implementing the business application.
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