All companies face pressures to modernize, improve internal communications, and reduce their time-to-decision – even in stable markets.
Small and medium business survey respondents from Aberdeen’s research in Southern Europe indicated a significant increase in activity in the last three years, with just over 40% of the mid-market segment in Southern Europe going through mergers and acquisitions (M&A) leading to new business units, and just more than 30% adding new subsidiaries as a way to enter new markets. With consolidations and mergers as a primary driver for expansion and growth, business pressures show that these firms need to improve their financial planning and business management solutions.
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