One of the biggest headaches when undertaking a core system migration such as moving to a new ERP/CRM system is the loss of data from the previous system. This data would typically encompass master file records such as stock and customers, plus the associated transaction data. This data has enormous value to your company and because of this value, there is normally a requirement to transfer it to a new system.
The typical method of transfer would be an export of information at a point in time from your existing system, followed by some manipulation of that data before an import into the new system. This would usually be done by your new vendor.
There is often a large cost associated with this transfer, it can only be run once and any work that is done relates to the migration of data only.
Where does an integration platform fit into this equation?
Statelake can be used to build a bridge between the old and new applications. Data links created between the two systems can transfer the required information. This brings the benefit of having flexibility in how you transfer information.
Say your go-live date is delayed, Statelake can continue to transfer information until the point you are ready to go live on the new system, negating the need to re-run the import job at a later date. If you want to run the old and new systems in parallel for a period of time, Statelake can transfer some or all of the data, if required, to reduce the need to rekey and in turn reduce the cost of running parallel.
Another benefit is that now that connectors have been built for your new system, these can be used to integrate other business applications. This means that the cost of data migration which normally has no future benefit can have some downstream benefits for your organisation for future integrations.
Find out more about the Statelake integration platform: