Advantage Solutions Inc (ADV) has disclosed a new risk, in the Technology category.
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Advantage Solutions Inc. faces significant business risk with the ongoing transition to a new enterprise resource planning (ERP) system. The company, heavily reliant on technology for business management, may encounter challenges such as project delays, escalating costs, and potential operational disruptions during implementation. Failure to seamlessly integrate and operationalize the new ERP could adversely affect Advantage Solutions’ financial integrity, operational results, and cash flow. Moreover, inadequacies in the system could compromise internal financial reporting controls, further endangering the company’s fiscal oversight.
The average ADV stock price target is $5.50, implying 42.49% upside potential.
To learn more about Advantage Solutions Inc’s risk factors, click here.
