Tax Credit Research - Buffalo CPA Firm
Tax Credit Research - Buffalo CPA Firm
Tax Credit Research - Buffalo CPA Firm
Tax Credit Research - Buffalo CPA Firm

Business and Information Technology Process Operations Assessments

Business and Information Technology Process Operations Assessments

Many times during a business acquisition the acquiring entity is interested in understanding the core operating functions and technologies that enable the target to carry out their day-to-day activities. Our assessment services help identify and analyze these critical areas, including the people, processes and technologies to understand critical factors such as specialized skills required for providing services, the utilization of Enterprise Resource Planning systems, Customer Relationship Management applications, and other technologies in delivering these services, how integral these systems are within operations, how they are managed and what risks might impede the ability to stay competitive going forward under existing operations.

Our business process assessments can include areas such as:

  • Order to cash
  • Purchasing
  • Payroll
  • Human resources
  • Accounting and finance
  • Inventory management and distribution
  • Manufacturing or service providing functions.

Our evaluation of information technology focuses on exploring aspects such as:

  • Core and secondary systems
  • Licensing and software costs
  • Personnel skills and abilities
  • Third-parties utilized and associated risk
  • Information security
  • Computer operations
  • Change management and development

Having a strong understanding of the people, processes and technologies will help provide the acquiring entity with insight into the complexities of the target, what types of changes they might be able to implement based on other experience or by leveraging other assets, get a sense of potential unforeseen risks, and what appears to be operating both effectively less effectively today.

Cybersecurity Maturity Assessment

Cybersecurity is a key consideration for all companies, whether large or small, and having insight into the maturity of a target entity’s cybersecurity readiness is critical for understanding these risks and whether they are being managed at an effective level.  Our cybersecurity assessment services focus on understanding the business and its use of technology, the types of data it maintains or utilizes, and other driving risk factors that impact the planning that an organization should have undergone to appropriately plan and potentially respond to a breach.  Once these risk factors are known and understood, our maturity assessment looks at the following and how the target entity has adopted each within their cybersecurity framework:

 

The cybersecurity maturity assessment results will help the acquirer understand how significantly the target has considered cybersecurity risks within its operations, and more importantly be able to use this information to consider what improvements might be necessary should the transaction close.