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ribbon_small.gif (2174 bytes) Have you forgotten what you felt on the 11th?  We haven't - and we never will. 

We will remember those human beings of all nations who lost their lives and those who lost loved ones in all the chaos that surrounded 9/11 and its aftermath. . .

 

 

Data continues below this important message:

Time for a Change in Our Services!

Software Asset Management is changing its name to:

The Business Technology Consumer Network

Our focus has shifted from consulting to delivering knowledge to software and technology asset managers around the world. We are helping you build a communication network of asset managers to share knowledge and enhance this profession. Come join us--at no cost. Become part of the solution:

www.biztechnet.org

Mergers and acquisitions represent a significant risk for the enterprise. 

Scenario:  A company in Chicago was compliant and on track with its licensing and utilization.  They purchased another company and wound up paying BSA a penalty of over $300,000 for the newly acquired company's non compliant software.

Scenario: Another American corporation paid BSA a substantial fine because one of its overseas subsidiaries was non compliant.

Scenario: Again?  A third American corporation acquired a company with stated IT assets valued in excess of $4 million.  After acquisition, an audit found a catastrophic amount of that hardware did not exist.

The list of revenue unnecessarily sacrificed as a result of ineffective due diligence processes goes on. . ..   Make certain the M&A process is accurate:

bulletTake care in who performs your due diligence and in how they perform it;
bulletInsist on documentation, details, and records;
bulletDo NOT take "someone's word" that the incoming organization is compliant; 
bulletDo not rush the process;
bulletA quality audit takes time and focus
bulletAlternative?  Lose a lot of hard earned revenue...

Software Asset Management Services can assist you by performing a tightly focused software licensing and IT Asset audit of a potential acquisition.  The documentation you receive will be identical to the documentation utilized by the major compliance agencies and software publishers should they perform an audit.

Contact us for information.

 

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Last modified: December 23, 2002