The Maryland business strategy consultants at Hartman Executive Advisors recently released a blog listing an IT Due Diligence Checklist for businesses.
Online PR News – 20-September-2019 – Timonium, Maryland – The Maryland business strategy consultants at Hartman Executive Advisors recently released a blog listing an IT Due Diligence Checklist for businesses. IT due diligence is an important process during any merger or acquisition period.
The number one priority when conducting IT due diligence is to thoroughly investigate the IT infrastructure of a company you may be considering entering into a contract with, or merging with. In general, due diligence activities comprise a wide range of business investigation while IT due diligence is dealing directly with a company's technological infrastructure and systems. This ensures that all IT processes and software is properly migrated from the target company to the new company. Moreover, it allows for the proper assessment of the target company's existing IT infrastructure so that IT management can identity and diagnose existing issues. It is important that this process not be rushed in order to prevent possible impediments.
The checklist begins with assessing the hardware of the target company. This includes storage, phones, laptops, tablets, or any desktop computers. Within the hardware functions, the checklist continues to assess the security systems, anti-virus systems, operating systems, email software, CRM systems, payroll software, data management systems, licensing agreements, databases, outsourced software development agreements, software for internal use, and storage/cloud systems. The next step is to assess the company's methods of communication focusing on both their internal and external communication systems. Once that is looked over, it is important to assess both the cyber and security network for intruder detection programs and employee background checks. Performing the necessary due diligence on the customer support systems and the IT support staff is of high importance to mitigate risks.
Speak to the executive consultants at Hartman Executive Advisors for more information about IT due diligence and how to use IT consulting services. The firm's experienced consultants understand organizations' unique needs and can help you develop a checklist for any business throughout merger and acquisition processes. Hartman Executive Advisors can be contacted online at https://hartmanadvisors.com or by phone at (410) 587-0064. The company is headquartered at 1954 Greenspring Drive, Suite 320, Timonium, MD 21093.