Success Story: Corporate Merger Successfully Made Retroactive

“SNP was the only manufacturing service provider that was able to merge the data retroactively to the effective date of the change in the company’s legal status – and it was able to do so at low costs and with a short project time frame.” Johannes Szalachy, ERP Systems & SAP CC oE Department Head, VERBUND, Austria

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The Challenge

Due to a change in the corporate structure, VERBUND was faced with the task of converting several subsidiaries into another target company.

The Solution

The individual steps in the project were divided into analysis, creation of the blueprint, and the maintenance of the regulatory framework in the SNP Transformation Backbone® solution, which automatically analyzes and implements changes in IT systems in a standardized manner.

The Advantage

Short duration of the migration project
Decrease in costs and increase in efficiency due to the merging of systems
Merging of the complete logistics history
SNP was the only provider able to guarantee the requested backdating of the effective date in accounting