Improve competitiveness and prepare for business transformation initiatives
Operational and financial data migration tasks are usually not given the importance that is required or the subject not even discussed until the corporate projects start but are one of the essential tasks a business must complete to be competitive or move forward in its digital transformation. Multiple business scenarios create the need for a data conversion and migration project: Mergers and Acquisitions (M&A), implementation of new software, migration to cloud-based environments, and legal, regulatory and compliance requirements.
As the adoption of cloud-based systems and applications increase in the corporate world, companies need to evaluate if their current business applications still provide value and allow the organization to be responsive to the current fast-changing business environment. In this quest to optimize operations, companies have ecosystems of software solutions to keep businesses running. These intertwined business applications are, in most cases, complex in nature and an essential part in multiple business processes.