Private Equity

ERP Advisors Group (EAG) is one of the top independent enterprise software advisory firms for Private Equity.

We help private equity firms with a variety of software advisory services. We perform pre-purchase analysis of the acquisition’s ERP system for feedback and costs needed to update the systems, as well as help with negotiations. Additionally, when PE firms make new acquisitions, the acquired company may need new systems. We work collaboratively with the operating company to find the best solution for their strategy. This could include evaluating a stand-alone system or assist with a roll-up strategy into the holding company’s existing systems. We can also help negotiate software deals with vendors that cater directly to Private Equity firms, thus saving our clients significant recurring fees.

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ERP Help for Private Equity

ERP Advisors Group acts as an extension of private equity owners while enlisting consensus with their operators to define requirements, sets their software strategy for one or multiple companies, provides a roadmap which accounts for future acquisitions or dispositions, conducts a diligent vendor selection process and manages the entire implementation.

Develop the ERP Strategy for Your Portfolio

We will define your operating company's needs and wants as well as how you would ideally use new automated solutions across your portfolio of companies.  Venture capital firms may seek to leverage one new ERP platform across similar portfolio companies with a consolidated roll-up into one parent, or may simply want to direct the operators of individual portfolio companies to make a wise decision for that single operation.

Select New Software for Your Portfolio

We will guide you through selecting the best-fit, most cost-effective business applications and implementation partners to best automate and streamline accounting systems, provide detailed analytics and reporting, manage and organize client data, etc.
 
 
 
 
 
 

Implementation Project Management

After finalizing your ERP software and services contracts, EAG stays with you to oversee your portfolio's implementation until they successfully go live.  We will oversee integrations, data migration, change management, budgets, design and configuration, walkthroughs, training, testing, go-live cutover and will provide executive and project sponsor support throughout the duration of your project.

Data Migration

We assist with all components of data migration: extraction, cleansing, transformation and loading into your new system to ensure you have complete confidence in the accuracy of your data at go live.

Why Private Equity Firms Seek ERP Upgrades for Their Portfolio Companies

Surveys across all of our private equity clients reveal the most common reasons why they need new ERP to automate their business:

  • Transactions processed in multiple legacy ERP systems leading to duplication of effort in each geography.
  • Time-consuming to create consolidated financial statements across multiple ERPs.
  • Manual effort required to create intercompany consolidations and prone to errors often causing revenue leakage.
  • Unable to prepare reports by business unit, line of business, or geography, causing significant manual work to gather and report on performance data.
  • Unable to report on KPIs and other management requests without significant manual research and work.
  • Revenue on projects are calculated outside of the system manually and margin analysis is not visible to management.
  • Inaccurate reporting on state of project progress due to lack of functionality in tracking and transitioning projects between life cycle stages. 
  • Budgets for projects are Excel based and must be imported into the system creating errors and low visibility for management. 
  • No integration between sales system and the main ERP leads to multiple versions of the truth.
  • Inconsistent information across organization requires manual research and correction, significantly delaying report response time.
We used Shawn and his team at ERP Advisors for two post merger systems integration projects involving Salesforce.com and NetSuite. Both projects were on time and on budget. Shawn's team was collaborative, involved, and managed the projects well. I would use them again.
Mike Dansby
CFO, Pivot 3

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Why You Should Hire ERP Advisors Group

We are 100% independent ERP consultants, and we never take commissions or payments from any vendors. Combining our objectivity with our white-glove selection process, you will be absolutely certain that you are selecting the right software and implementation resources.

Resource-Constrained

Our PE clients' rapidly-growing portfolio companies are already very busy with their day jobs and do not have time to become ERP experts.  Though your key people still have to devote some time to an ERP initiative, hiring an ERP consultant frees them up to make the important ERP decisions while staying focused on their day job.

Complex Business Processes

The more complex your business, the more likely for difficulty when selecting and implementing software.  ERP Advisors Group will help you uncover your true needs and will only vet the most viable options for your size, requirements, resources and strategy.

 

 

Best Practices for Your Industry

We will create your requirements document and demonstration script with your portfolio company's industry best practices in mind while retaining what is unique to them, leaving out the manual workarounds.

 

Change Management

Some Private Equity firms hire us to help them gain consensus with their portfolio's management team and subject matter experts who may otherwise resist "being told what to do".  ERP Advisors Group helps stakeholders buy into what is best for the company by getting their input at multiple stages throughout the Needs Analysis, Selection and Implementation.

 

Vendor Demonstrations

A frequent complaint we hear from prospects who tried to select software on their own is feeling confused about the software's capabilities.  We get vendors to show your requirements during their product demonstrations.  This ensures you feel confident about selecting the best products that can meet your needs.

Contract Negotiations

While PE companies regularly negotiate merger and acquisition deals, we regularly negotiate software contracts and services, upwards of tens millions of dollars of deals every year for our clients.  We provide contracts review on all terms and conditions, including software and services and every agreement embedded throughout the contract.  Our clients receive price protection for many years to come on their purchase.  While we don't guarantee it in writing, we normally save our fees on this step alone and save you the effort of becoming an expert in software and services contracts.

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Benefits to Upgrading Your ERP Software

ERP Advisors Group's Needs Analysis will uncover the benefits your company would realize with an ERP upgrade.  Some of the most common benefits your company will realize include:

  • Provide a market leading consistent global platform which enables processes aligned with the corporate strategy.
  • Deliver real time metrics and reports for financial and business performance to  management.
  • Secure, efficient reporting and information storage within ERP.
  • Drill down reporting and analytics on top performing projects, creating clear visibility for management. 
  • Reduce as much manual work as possible by allowing business data to be integrated and accessible in useful formats.
  • Singular system for processing transactions, customer data, and project information, synchronized across geography.
  • Easy access to high level financial statements for management visibility.
  • Automated analytics of data across organization to develop holistic, 360-degree view of customers, projects, and personel.
  • Intercompany resource access and data sharing ecosystem, consistent process and formatting throughout organization.
  • Mitigate material risk, revenue leakage, time waste, and manual process induced errors.

Working with ERP Advisors Group has been a good experience and I would absolutely recommend them to colleagues. I’m particularly impressed with Founder and Managing Principal Shawn Windle. I feel he is very capable and has a lot of good experience and knowledge to draw from.

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Adam Birk
COO, VERTIKAL BRANDS & HIGDON OUTDOORS

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Private Equity ERP Vendors

ERP Advisors Group will help you not only define your requirements but more importantly, we will bake in the best practices for your Private Equity company into your Request for Information and Demonstration Script.

We conduct dozens of selections every year, equating to tens of millions of dollars in software and services sales.  With our deep knowledge of Private Equity ERP, we will help you find right the ERP for your company, AND the right professional services company to implement it. 

We regularly vet the top, most viable Private Equity ERP systems.

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Contact us today to start the conversation.