Migration and Cost Support
best via CSV Import (one-time effort)
Open Positions (OPOS)
best via CSV Import (depending on Entity Master data import)
Entity Master Data
• Chart of Accounts
• other Entities
extensive predefined migration templates with details prepared, which Cloudmaven walks the customer through during the Scoping Sessions.
Periodical Balances as Movements (1 day to 1 week)
Periodical Balances as Reversals (not recommended)Individual Financial Transactions as Journals (1 - 5weeks per financial year)
Individual Financial Transactions with correct Transaction Types (weeks to months for financial years)
NetSuite being a continuous financial ledger (not like DATEV) and transactions stacking on top of each other, the migration of individual financial transactions is extensive: an invoice needs to have a customer associated and a payment record applied to be closed and no longer revaluated in FX revaluations.
manual migration via CSV templates
Challenge: correct reflection of upsells, downsells and ripoffs
automatic migration via _oro_3150_arr contract manager (for Salesforce for example)
Significant integration effort, but compensated as Sales Orders, Invoices, Revenue Arrangements, etc. are created automatically.
Included in the SOW, approximate 5 to 12 mandays (without individual Financial Transactions)
Significant opportunity costs on Financial Team side for exporting and adjusting the data to the migration templates (see sample screenshot above).
Only for new customers and then bring over existing customers?
(see Contract History above, preferred strategy for Subscription Contracts is automation.)