Hi-
I recently interviewed for a company that acquired another company. The acquiring company uses netsuite for consolidation of its subsidiaries and the acquired company uses workday financials for their consolidation and financials. - In such a scenario, what would be the most effective way to do the consolidation of the combined new company? Has anyone ever used either netsuite or workday financials?
I recently interviewed for a company that acquired another company. The acquiring company uses netsuite for consolidation of its subsidiaries and the acquired company uses workday financials for their consolidation and financials. - In such a scenario, what would be the most effective way to do the consolidation of the combined new company? Has anyone ever used either netsuite or workday financials?
- Would you migrate the acquired company’s data and financials into netsuite and then do all consolidation in netsuite, 2) would you use a consolidation software that would integrate netsuite and workday data or 3) would you produce the main financials in netsuite and manually add the acquired company’s workday financials to your netsuite financials? Anyone here have experience with Accounting system integration and consolidation post m&a activity and can offer advise/opinion?