ERP Implementation Consulting Services Designed Exclusively for Private Equity
FIND SUCCESS WHERE PEOPLE, PROCESSES & TECHNOLOGY ALIGN
We Understand Private Equity
We are the ERP implementation consultants that will ensure your success. We understand the entire investment cycle and the value of objective and timely due diligence, substantiable value creation, strategic insight, and how to mitigate common “pain points proactively”. Nestell & Associates approaches Private Equity support effectively and innovatively to provide the best quality service, minimize investment risk, and maximize return on investment.
Common ERP Paint Points that Our ERP Implementation Consultants Can Address Within Your Organization!
Private Equity Exclusive
What We Do
Proven success in ERP implementation consulting, deployment, and optimization. We specialize in serving private equity firms and understand their unique challenges and opportunities. Our ERP consulting services are designed to go beyond technology and address the people, process, and cultural aspects of ERP assimilation. We take a holistic approach that focuses on organizational change leadership, management, and ERP project planning to ensure the success of your ERP implementation.
Approach
How We Do It
At Nestell & Associates, we work closely with our clients to understand their specific needs and develop customized solutions that align specifically with their business goals. Our experienced ERP consultants use industry-standard best practices to deliver effective solutions that ensure successful ERP implementation and management. We focus on organizational change and culture to achieve success, and our vendor-neutral approach ensures that our clients receive the best ERP solutions for their unique needs. At Nestell & Associates, our ERP consultants understand the unique challenges that private equity firms face when it comes to implementing, optimizing, and managing ERP systems. That’s why we offer a comprehensive range of ERP implementation consulting services that are tailored to meet the specific needs of each client.
Solutions
Problems We Solve
We help our clients solve pain points in private equity including the inability to consolidate financial data from multiple companies post-M&A, struggling to close monthly financials, cost and resource constraints to implement ERP systems, inadequate testing and validation of ERP systems, and ERP implementation and selection challenges. Our comprehensive ERP consulting services provide clients with the expertise and support they need to overcome these challenges and succeed in their ERP projects. ERP success requires that an organization be aware of the influences that can lead to success or failure. Success is in the details! We de-risk ERP implementations and maximize business value by navigating organizations through these ERP organizational change influences that can lead to success. Or failure!
ERP Services
ERP Services that Work for You
ERP Due Diligence Assessments
As a private equity firm or portfolio company looking to undergo a merger or acquisition, it is important to understand the potential risks and issues related to your current ERP and business systems. This is where Nestell & Associates’ ERP experts can assist you with our ERP due diligence assessments.
Our assessments provide a thorough analysis of your ERP system, evaluating its current state and identifying any areas for improvement. By conducting this analysis pre- or post-acquisition, we can help you mitigate risks and improve operationally.
Our assessments are comprehensive and cover all aspects of your ERP system, including data management, security protocols, software compatibility, and user adoption. We take a data-driven approach to our analysis, utilizing advanced analytics tools to provide actionable insights and recommendations.
At Nestell & Associates, our ERP advisors understand the importance of business systems and their impact on your business. Our ERP due diligence assessments are designed to help you make informed decisions and optimize your ERP system to achieve maximum efficiency and ROI. Our objective is to provide our clients with the most accurate assessment informed by objective and vendor neutral observation and data analysis evidence. Additionally, the objective is to ensure proper support of the potential investment objectives.
ERP Organizational Change Leadership, Management and Project Planning
Implementing an ERP system can be a complex and challenging process requiring significant organizational change management to ensure its success. At Nestell & Associates, we specialize in providing expert ERP implementation consulting, organizational change leadership, management, and project planning services to help our clients navigate this process effectively.
Our team of seasoned ERP implementation consultants works closely with our clients to create customized project plans that are tailored to their specific needs and goals. We take a holistic approach to ERP implementation, considering all aspects of the organization that will be affected by the change, including people, processes, and technology.
We understand that effective project planning and management are critical to the success of an ERP implementation. That’s why our team provides ongoing support throughout the entire process, ensuring that the project stays on track and that any issues that arise are addressed promptly.
Our approach to organizational change management is focused on communication and collaboration, working closely with stakeholders at every level of the organization to ensure that everyone is engaged and aligned with the project goals. We also provide training and support to help employees adapt to the new system and processes.
At Nestell & Associates, each and every one of our ERP implementation consultants are passionate and committed to helping our clients achieve success with their ERP implementations. Our ERP organizational change leadership, management, and project planning services are designed to ensure that the process is smooth, efficient, and ultimately delivers the desired ROI.
Organizational Readiness and Culture Assessment
Organizational readiness and culture assessment is a critical first step in any ERP implementation project. At Nestell & Associates, our ERP experts specialize in helping organizations assess their readiness for change and identify any cultural or organizational barriers that may impact the success of their ERP projects.
Our team of experienced ERP implementation consultants utilizes a variety of tools and methodologies to evaluate the organization’s current state, including interviews with key stakeholders, surveys, and data analysis. Based on this assessment, we provide tailored solutions to help clients overcome any challenges and ensure a successful implementation.
We understand that every organization is unique, and there is no one-size-fits-all approach to organizational readiness and culture assessment. That’s why our ERP experts work closely with our clients to develop customized solutions that are tailored to their specific needs and goals.
Our approach to organizational readiness and culture assessment is focused on creating a collaborative and inclusive environment, where all stakeholders are engaged in the process. We work to identify any potential barriers to change and develop strategies to mitigate them, including training and communication plans, change management frameworks, and cultural transformation initiatives.
At Nestell & Associates, we are committed to helping our clients achieve success with their ERP implementations. Our organizational readiness and culture assessment services provide a solid foundation for a successful implementation by ensuring that the organization is ready for change and that any potential barriers are addressed before they impact the project. Our team of ERP experts are here for you!
Business Operations & Process Analysis
At Nestell & Associates, we provide our clients with operations analysis service that helps them gain a detailed understanding of their business processes, goals, and current challenges. This analysis is a critical first step in successfully implementing ERP and other business systems.
Our experienced ERP implementation consultants work closely with our clients to identify their unique needs and objectives, evaluating business processes to determine areas that require improvement. By conducting this thorough analysis, we are able to provide our clients with actionable insights and recommendations to optimize their business operations and ERP utilization and to improve and enhance efficiency and productivity.
At Nestell & Associates, we understand that every organization has its unique challenges, and that’s why our business operations analysis is tailored to meet our clients’ specific needs. Our goal is to provide our clients with the information and guidance they need to make informed decisions and ensure a successful implementation of ERP and other business systems.
Our approach is data-driven and collaborative, working closely with stakeholders at all levels of the organization to ensure that everyone is engaged and aligned with the project goals. We also provide ongoing support and training to ensure that the system is fully integrated and adopted by the organization.
In summary, our business operations analysis is a crucial service that provides our clients with the insights they need to optimize business processes, enabling them to successfully implement ERP and other business systems.
ERP Software Selection and Agreement Negotiation
Selecting the right ERP application is a critical decision that can have a significant impact on an organization’s success. At Nestell & Associates, we provide our clients with an ERP software selection and agreement negotiation service to help them make informed decisions and negotiate favorable agreements that align with their business goals.
Our team of experienced ERP consultants works closely with our clients to identify their unique business requirements, outlining a multi-phased selection process that includes vendor evaluation and selection criteria. We also provide guidance on the Request for Proposal (RFP) and Request for Quote (RFQ) process, assisting our clients in developing and reviewing RFP documents to ensure they accurately reflect their business needs.
Our ERP experts leverage their deep knowledge of the ERP market to identify potential vendors that are the best fit for our clients, evaluating them against pre-defined criteria that align with their business goals. We work collaboratively with our clients to review and evaluate vendor responses to the RFP, facilitating vendor presentations and demonstrations as needed.
Once a vendor has been selected, our consultants provide guidance and support throughout the contract negotiation process, ensuring that our clients receive favorable terms and conditions that align with their business goals. We work to address any concerns or issues that arise during the negotiation process, acting as a trusted advisor to our clients.
Our approach is focused on collaboration, transparency, and client empowerment. Our team of ERP advisors work closely with our clients to ensure that they have a thorough understanding of the vendor selection and agreement negotiation process, providing guidance and support every step of the way.
In summary, our ERP vendor selection and agreement negotiation service is designed to help our clients make informed decisions and negotiate favorable agreements that align with their business goals. Our experienced ERP consultants leverage their deep knowledge of the ERP market to provide guidance and support throughout the vendor selection and contract negotiation process, ensuring that our clients receive the best possible outcome.
ERP Consulting, Implementation, & Optimization
At Nestell & Associates, we understand that ERP implementation and optimization can be a complex and challenging process. That’s why we offer comprehensive ERP implementation consulting services, including solution design, training, configuration, testing, and piloting, to help our clients achieve successful project completion.
Our experienced ERP consultants work closely with our clients to understand their unique business requirements, designing customized implementation plans that align with their specific needs. We help our clients configure their ERP systems to optimize their business processes and provide guidance on best practices to ensure that they are getting the most out of their system.
We also offer comprehensive training programs to help our clients effectively onboard their employees to the new system. Our team of ERP implementation consulting and learning and development experts work closely with our clients to design and deliver customized training programs that are tailored to their specific needs, ensuring that their employees are equipped with the knowledge and skills they need to effectively use the new system. Nestell & Associates utilizes and applies sound performance research. We provide a methodical approach to appraising stakeholder performance goals and identifying gaps, allowing the examination of each of the assumed stakeholder knowledge, motivation, and organizational influences and their impact on organizational and individual performance.
We understand that testing and piloting are critical components of a successful ERP implementation. Our consultants work collaboratively with our clients to design and execute comprehensive testing plans that thoroughly evaluate the system’s functionality and identify any issues or areas for improvement. We also provide guidance and support throughout the piloting process, ensuring that our clients have the confidence to roll out the new system across their organization.
Our approach is focused on collaboration, transparency, and client empowerment. Our ERP implementation consultants work closely with our clients to ensure that they have a thorough understanding of the implementation process, providing guidance and support every step of the way.
In summary, our ERP implementation services, consulting, training, configuration, testing, and piloting services are designed to help our clients achieve successful project completion. Our experienced consultants leverage their deep knowledge of ERP implementation best practices to provide guidance and support throughout the implementation process, ensuring that our clients get the most out of their new system.
Ongoing ERP Support and Helpdesk
At Nestell & Associates, we understand that transitioning to a new ERP system can be a challenging process. That’s why we offer ongoing ERP support and helpdesk services to our clients, ensuring that their business staff and technologies are smoothly adjusted to new processes.
Our experienced ERP consultants work closely with our clients to provide ongoing support throughout the transition process. We provide guidance and assistance on a range of issues, including system configuration, user training, and change management, ensuring that our clients have the resources and expertise they need to successfully navigate the transition.
Our established ERP helpdesk is available to support our clients’ daily activities, providing expert resources for ERP staff augmentation and addressing any issues or challenges that arise. Our team of experts is available around the clock to provide prompt and efficient assistance, ensuring that our clients can focus on their core business activities without any disruptions.
We take a proactive approach to ongoing ERP support, regularly reviewing and optimizing our clients’ systems to ensure that they are operating efficiently and effectively. Our team of experts is always available to provide guidance and support, helping our clients to stay ahead of any potential issues and ensure the ongoing success of their ERP system.
In summary, our ongoing ERP support and helpdesk services are designed to provide our clients with the resources and expertise they need to successfully navigate the transition process and ensure the ongoing success of their ERP system. Our experienced consultants and established helpdesk provide prompt and efficient assistance, ensuring that our clients can focus on their core business activities without any disruptions.
ERP Rescue
At Nestell & Associates, we understand that sometimes ERP projects can experience unexpected challenges or difficulties. In these situations, our ERP implementation consultant rescue services are designed to help our clients get their projects back on track and ensure successful project completion.
Our experienced ERP implementation consultants work closely with clients to identify areas where the project is struggling and provide recommendations for improving project management. We conduct a thorough review of the project plan and identify any areas where adjustments or changes may be necessary to ensure that the project is successful and achieves its desired outcomes.
We work with our clients to develop customized solutions tailored to their unique needs and requirements. Our team of experts provides guidance and support throughout the project rescue process, helping our clients to identify and address any issues or challenges that arise.
We understand the importance of effective project management and communication, and our ERP rescue services are designed to ensure that our clients have the resources and expertise they need to successfully navigate even the most challenging ERP projects.
In summary, our ERP rescue services are designed to help our clients get their projects back on track and ensure successful project completion. Our experienced ERP implementation consultants provide recommendations for improving project management and work closely with clients to develop customized solutions tailored to their unique needs and requirements. We are committed to providing our clients with the resources and expertise they need to successfully navigate even the most challenging ERP projects.
Our Differentiators
What Makes Us Different?
Our holistic people, process, and technology approach sets us apart, ensuring seamless IT and ERP assimilation for your business success.
Our private equity exclusivity means we deeply understand your unique challenges and tailor our solutions for maximum impact and growth.
Embrace vendor neutrality with us, providing unbiased advice and recommendations, ensuring your ERP solution is truly the best fit.
Benefit from our focus on organizational culture and change management, minimizing workforce disruption and enhancing overall adoption.
Trust in our research-focused, academic approach, delivering sound, objective assessments and due diligence, free from vendor influence.
Testimonials
What People are Saying About N&A
Testimonials
What People are Saying about N&A
Testimonials
What People are Saying About N&A
Scenerio
Case Study
Why an ERP Would Provide Value and ROI Versus Your Current System
Problem
The case study involves a 90-year-old manufacturing company that had been acquired multiple times, resulting in nine disparate business systems and 18 custom interfaces. Due to the lack of integration, the company faced challenges in tracking raw material pass-through and margins, which affected their profitability. They had no way of reconciling operational and financial data, and it took too long to react to potential inefficiencies. The company needed an efficient and integrated solution that allowed immediate visibility of what was happening on the production floor.
Solution
To determine if implementing an ERP system would provide a return on investment and improve their current system, the company performed a cost-benefit analysis. They found that the ERP system would provide improved real-time Business Intelligence and a return on investment. The ERP system allowed the organization to build dashboards that showed sales and margins in near real-time.
Result
The implementation of an ERP system provided the company with a near-zero administration solution, decreased hardware and software requirements, and improved Business Intelligence. The ERP system allowed the organization to build dashboards in which sales and margins were near real-time. The company could understand and track their margins, which improved their bottom line. The return on investment of improved real-time Business Intelligence was achieved in a relatively short time frame. Given the integrated nature of an ERP system and its modules and end-to-end accountability and visibility of data, gathering this type of business intelligence in an accurate and timely manner is much more feasible.
FAQs
Frequently Asked ?s
What is ERP due diligence, and why is it important for private equity firms?
ERP due diligence is an assessment of the current state of ERP and business systems to identify potential risks or issues for Private Equity firms pre- or post-acquisition. Additionally, ERP due diligence provides insight and a roadmap for improvement opportunities. Nestell & Associates are trusted ERP implementation consultants that can ensure your success.
What is your approach to ERP organizational change leadership and management, and how do you ensure successful project completion?
Our approach to ERP organizational change leadership and management is detailed, customized, and focused on achieving successful project completion. We have several tactical leadership and management tools that we utilize to ensure effective alignment, communication, motivation, and knowledge required for a successful ERP assimilation. Nestell & Associates ERP implementation consultants are experienced professionals that understand what it takes to be successful.
What is included in your business operations analysis, and how does it help clients successfully implement ERP and other business systems?
Our business operations analysis guides clients with a detailed understanding of their business process, goals, and challenges to successfully implement or optimize ERP and other business systems. Our ERP experts utilize a variety of value stream mapping exercises and business system process analysis tools.
What is your approach to ERP implementation, training, configuration, testing, and piloting, and how do you ensure successful project completion?
Our approach to ERP implementation includes customized training programs, effective testing, and piloting to ensure successful project completion. Our experienced consultants work closely with our clients to understand their unique business requirements, designing customized implementation plans that align with their specific needs. We help our clients configure their ERP systems to optimize their business processes and provide guidance on best practices to ensure that they are getting the most out of their system.
What is your approach to rescuing ERP projects that have failed, and how do you ensure successful project completion?
Our team of ERP implementation consultants provide recommendations for improving tactical project management to ensure successful ERP project completion. Nestell & Associates accesses the organizations business model fit against the feature/functions of the ERP solution. Additionally, it is required to understand the current ERP implementation status, goals, and objectives. We assess key areas such as formal training and conference room piloting, identifying real gaps between business model and ERP functionality, being honest and realistic that this effort will take some time for the best practice and “continuous improvement” efforts and disciplines to realize the benefits, and assess to ensure that overwhelming leadership support, communication, and buy-in is a fundamental concept build into the ERP assimilation plan.
How do you help private equity firms objectively manage the success of their ERP organizational change efforts?
Nestell & Associates ERP experts help private equity firms objectively manage the success of their ERP organizational change efforts by developing and reviewing project plans to achieve desired outcomes. From the onset we incorporate workshops in which to discuss and align on key performance indicators and the definition of success. Although it can be challenging to define and agree on ERP success (end-user perception of success may be subjective), the ERP organizational change plan needs to allow for a formal process for defining and documenting success. The organization then needs formal and sufficient mechanisms in which to measure and discuss success. Our ERP implementation consultants help navigate these conversations. An organizational definition of ERP organizational change success matters.
How do your ERP services help private equity firms address cost and resource constraints when implementing ERP systems?
Our ERP services offer cost-effective solutions for implementing and managing ERP systems for private equity firms. We do this with a proven methodologies that focus on the specific needs of our clients. Nestell & Associates ERP implementation plans consider key success factors, deploy effective learning and development, and carefully consider tactical project management. Additionally, our team of ERP implementation consultants have years of experience and success under their belts.
How do your consultants help organizations assess their readiness for change and overcome cultural or organizational barriers that may impact the success of their ERP projects?
Our consultants help organizations assess their readiness for change and provide tailored solutions to overcome cultural or organizational barriers that may impact ERP project success. Our team consists of leadership and organizational culture practitioners with years of experience guiding ERP organizational change. Nestell & Associates utilizes proven tools in which to gauge the organizational culture and ERP organizational change readiness status.
How do you help clients select the most suitable ERP vendor and negotiate agreements that align with their business goals?
Our team of ERP implementation consultants work closely with clients to identify the most suitable ERP vendor and negotiate agreements that align with their business goals. We provide objective and vendor-neutral selection services. ERP selection is a significant strategic business decision. ERP selection includes selecting the right technology supporting the right processes with an ERP partner that is most aligned with the organizational mission, vision, values, and goals. Given the many selection influences that can ultimately directly impact ROI, EBITDA, and the effectiveness and efficiency of the ERP organizational change process, knowledgeable and objective ERP selection matters.
Can you describe your ongoing ERP support and helpdesk services, and how do they help clients during the transition process?
Our ongoing ERP support and helpdesk services provide clients with expert resources to support daily activities during the transition process. Our ERP support plans are customized to the specific needs of our clients. Nestell & Associates offers an ERP Helpdesk with expertise you need, when you need it! Our team of ERP consultants are here for you.
How does your vendor-neutral approach to ERP services benefit private equity firms?
Our vendor-neutral approach to ERP services ensures that clients receive the best ERP solutions for their unique needs. Who could argue that ERP selection needs to be well informed, truthful, and insightful process that informs a decision that is made without bias and without partiality? If ERP transactions essentially represent dollars (which for the most part, they do), this is a pretty important notion. Why should PE firms care about objective ERP selection? Because ERP transactions are dollars. ERP transactions represent organizational time, money, and effort. And ultimately, they represent and drive your GL, Balance Sheet, and P&L. There are significant demands (especially for PE M&A activity) for assembling the right people, processes, and systems in an effort to improve business operations, improve EBITDA, improve sales, improve profits, and/or increase market share. These are all critical to the health of any organization. ERP systems in a way act as an organization’s internal bank, financial advisor, accountant, and auditor: they manage and direct your money by providing a tool in which to manage and direct your business and operational transactions.
There is one best ERP solution for each and every unique organization. And, the organization needs to take the time and effort to find that “one best fit” without making assumptions. In fact, research suggests that ERP systems selection, implementation methodology, and partner selection is critical for a successful ERP organizational change project. ERP solutions and vendors all have unique tangible and intangible benefits, advantages, disadvantages, and costs. Some of them have truly unique differentiators, some don’t, and some say they do. Our ERP implementation consultants guide organizations into getting to the bottom of it.
Contact Us
Ready to elevate your organization’s IT and ERP strategy? Reach out to us for a comprehensive analysis and tailored solutions. Fill out the form below with your details, and our team will get in touch to discuss how we can partner in your journey towards operational excellence and investment success.