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OPINION
A new lever for M&A in AEC
Purpose-built technical report management technology in AEC mergers drives cost savings, productivity, collaboration, standardization, and scalable growth.
I n the dynamic world of AEC mergers and acquisitions, purpose-built technology for technical report management emerges as a powerful tool for driving synergies and creating value. As firms combine, efficiently managing, standardizing, and optimizing technical report deliverables becomes a game-changer, unlocking significant cost reductions and revenue growth.
Chris Connell
Technical report deliverables are key to AEC firms, representing major revenue streams and highlighting their expertise. These reports span a wide range of assessments, including everything from geotechnical reports to environmental site assessments. Each type requires specific expertise, data collection, and formatting. In M&A contexts, efficiently managing this diverse array of reports across combined entities becomes critical for realizing synergies and finding advantage. Purpose-built platforms offer comprehensive solutions for streamlining the entire report lifecycle. They address unique AEC challenges, from data collection to final delivery. By replacing general purpose tools with an end-to-end system, top- performing firms transform report creation from a tedious, error prone task into a streamlined, measurable process driving growth and profitability. This technology not only enhances efficiency but also facilitates seamless integration of merged entities,
standardizes best practices, and enables rapid scaling of operations – all crucial factors in successful M&A outcomes. Let’s explore five M&A benefits of technical report management for AEC firms: 1. Rationalizing costs. Deliverable management technology provides a central platform across the combined entity, eliminating redundant software and lowering costs. Automation capabilities reduce the time and resources required to produce technical reports, with some firms reporting time savings of more than 40 percent and up to 50 percent improvement in first-time approval rates. 2. Increased productivity to meet demand. An end-to-end platform streamlines tedious tasks associated with technical report creation. The impact on productivity (as much as 20 percent
See CHRIS CONNELL, page 8
THE ZWEIG LETTER NOVEMBER 18, 2024, ISSUE 1562
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