Carving successful solutions with AvenDATA Carve outs
Companies may carve out non-core business units to invest in core capabilities, reduce debt, and improve earnings, leading to increased concern about the process’s risk and complexity.
The success of a carve-out depends on the solution provider’s knowledge, expertise, and track record in executing such projects effectively.
AvenDATA has a comprehensive understanding of database structures and models, offering efficient separation of clients and accounting areas within the ViewBox solution.
AvenDATA tackles challenges like handling assets, creating financial statements, addressing valuation, legalities, tax, and financial advisory issues during a carve-out.
AvenDATA follows a structured approach involving detailed analysis, concept development, infrastructure differentiation, and identification of dependencies between IT tasks and requirements. Thorough strategies, best practices, and expert handling of data migration and security vulnerabilities ensure successful carve-outs.