imperial systems

Case Study:

JP Morgan/Chase was pleased that our consolidated financials saved a marriage.

SureWay Worldwide - Click here to learn about this client

Problem:

Global Delivery Systems had entered into a Letter of Intent to merge with SureWay's operations into its own. JP Morgan/Chase was financing this merger and required that both companies' accounting systems be consolidated for the transaction to be approved. This was easier said than done, since SureWay's accounting systems were unable to share information with Global's. Without integrated systems to easily generate uniform and consolidated financials, the merger would fall through. Since Global's and SureWay's core competencies were in the shipping business, they lacked the software expertise to solve this integration problem.

Solution:

Global and SureWay turned to Imperial to solve the problem. We conducted a thorough requirements analysis, identified the data, applications and protocols that were in conflict and then designed and implemented an IT strategy to fully integrate the systems.

Result:

JP Morgan/Chase approved the merger. Additionally, the number of days outstanding for A/R's was reduced considerably. This greatly improved cash flow in the newly-merged entity.