Mergers and acquisitions (M&A) are monumental events in a company’s life, bringing forth a plethora of changes, both foreseen and unforeseen. For procurement professionals, these transitions present a unique set of challenges and opportunities. Adequate preparation can spell the difference between a seamless integration and a rocky one. So, if you’re a procurement professional gearing […]
In the intricate world of mergers and acquisitions (M&A), contracts are pivotal. They define the roadmap for these complex transactions, outlining responsibilities, rights, and remedies. At the center of this contractual dance are two key players: contract management lawyers and general counsel. Their collaboration ensures that contracts are not only legally sound but also align […]
Mergers and acquisitions (M&A) bring forth a whirlwind of changes and challenges. For procurement professionals, navigating supplier contracts, consolidating supplier lists, and renegotiating terms are paramount tasks. Traditional law firms have long been partners in this journey, but there’s a rising star on the horizon: Alternative Legal Services Providers (ALSPs). Let’s delve into why procurement […]
Mergers and acquisitions (M&A) are intricate processes that involve a wide range of considerations, from financial evaluations to cultural integrations. One vital yet often overlooked element in the M&A labyrinth is the procurement contract transition, especially during spin-offs. This phase involves meticulously transitioning, separating, and in some cases, duplicating contracts. Let’s delve deeper into what […]
Navigating the intricacies of procurement contract transition during M&A spin-offs is no small feat. Success hinges not just on understanding the challenges but on having a robust playbook for execution. Here, we’ll provide a step-by-step guide on how to manage and execute this transition, ensuring a seamless handover and optimal contract management. 1. Preliminary Audit […]
Navigating the intricate waters of procurement contract transition during M&A spin-offs demands a unique blend of legal acumen, industry expertise, and strategic foresight. Traditionally, businesses have leaned on renowned law firms to guide them through this maze. However, the rise of alternative legal service providers (ALSPs) with niche expertise has offered a compelling alternative. Let’s […]
Mergers and acquisitions, especially spin-offs, are intricate processes involving a multitude of business components. One such component, often overlooked yet immensely crucial, is the procurement function. While there’s an obvious inclination to focus on larger entities like finance and operations, keeping the procurement function intact or setting its foundations early can result in substantial value […]
Mergers and acquisitions, especially spin-offs, are complex operations, with procurement contract transition being one of the pivotal points. In today’s digitally-driven world, the power of technology can significantly enhance and streamline this transition. From real-time dashboards to historical data analytics, technology stands as a game-changer. Let’s delve into how technology can redefine the procurement contract […]
In the intricate world of Private Equity (PE), value creation is the holy grail. Firms constantly seek overlooked or untapped avenues to enhance the worth of their portfolio companies, ensuring a robust ROI. A potent yet sometimes underestimated tool in this value creation arsenal is the procurement function. Here’s how PE firms are harnessing procurement […]
Mergers and acquisitions are complex, transformative events. One of the pivotal junctures in this intricate dance, especially in spin-offs, is the procurement contract transition. As businesses seek to streamline, enhance efficiency, and extract maximum value, there’s a rising star that stands out in addressing these challenges: Intuitive Edge. The Landscape of Procurement Contract Transition From […]
