Mergers & Acquisitions

Mergers & Acquisitions

Do you have a future requirement to archive a system due to a company acquisition? With our ViewBox archiving solution, you are well prepared and can sit back and relax while we archive your data from the legacy system for you.

The ViewBox by AvenDATA offers
an efficient, flexible solution for archivation of data in old systems.

With it the past of your company is ‘in secure hands’, as well as the future. Because the ViewBox fulfills the legal requirements of the new EU data protection act. And at the same time, it also offers a standardized base which makes other potential mergers and acquisitions deals considerably easier.

ViewBox by AvenDATA -
So that all the data is where it belongs.

Whether in form of an on-premise supply in your office or as a secure cloud hosting
solution – ISO 27001, ISO 9001 and ISO 50001 certified. With the ViewBox software by
AvenDATA you can provide a global archive for all kinds of old applications.

Enable the efficient and secure access to all relevant data even after the takeover of the company

In case of a takeover of the company only one part of one ERP system is generally transferred into the new common ERP system of the group or the leading company. The data in question are, for example, the data of the last two years or of the open processes. But, In addition, there are certain storage periods a company must respect. In Germany these are, for example, ten years for the tax-relevant data; depending on the requirements of the branch, there are also much longer terms, for instance, for the tracing of charges. So, what does one do with the rest of the data? After all, in most cases these should not be taken over into the new ERP. One of the reasons would be that the data still includes personal information about the employees, who are no longer employed in the new company constellation due to the takeover. How can one securely archive for the audit these volumes of data, which are legally relevant, but technically not useful for the company?
BENEFITS & FEATURES

Advantages of ViewBox

FIXED PRICE

Each of our archiving projects is based on a fixed price, giving you the necessary planning and budget basis. The fixed price includes migration and ongoing costs.

Merge & Acquisitions

The ViewBox can be used not only for decommissioning systems, but also for carve outs required due to company acquisitions.

IT resource savings

By decommissioning legacy systems, internal resources are freed up that can now be used again for productive systems or other projects. These do not further burden the internal resources.

Switch off legacy system

The main goal of archiving is to be able to decommission the legacy system afterwards. After a project with us, this refers to the application as well as the old server and the old database.

DOCUMENTATION

Documentation For each archiving project, you will receive a procedure documentation from us, which documents the essential evidence for the internal audit and the auditors. It takes into account the evidence for data integrity, data completeness and audit security.

DATA INTEGRITY

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Efficiency through experience

The team of specialists of AvenDATA has more than ten years of experience in
archiving and removal of legacy systems. The know-how includes more than
200 systems – from SAP to Oracle Financial up to Navision. The AvenDATA GmbH
with head office in Berlin was founded in 2003 as a spin-off of the famous audit and
tax consulting company Mazars GmbH & Co. KG. Due to international use of the
AvenDATA even transnational requirements can be met trouble-free. More than 3,500
customers worldwide have been relying on the achievements of the AvenDATA GmbH
since its foundation.

General Data Protection
Regulation (GDPR)

We have considered everything.
Also, the 'right to be forgotten'.
ViewBox is already compliant with
the new EU-GDPR.

From May 25th, 2018 the data protection act (GDPR) of the European Union (EU) is also valid in Germany. The essential innovations include the ‘right to be forgotten’ which implies the deletion claims of affected persons directly at the storing place. With the ViewBox such data can be made unrecognizable in the sense of EU-GDPR. Companies will additionally get an expanded accounting duty for the handling of data. And in case of risk-afflicted data processing a ‘data protection-subsequent evaluation’ must be carried out according to certain criteria. With the ViewBox by AvenDATA – unlike with other systems – you are prepared for these new legal basic requirements very well.