Everyday, companies are migrating their on-premise business applications to modern cloud solutions. In this context, at least 6 actions for historical data retention should be taken into account.
The implementation of an ERP system is a key action for any company that has decided to implement a new business system. The success of the chosen business solution depends on its correct implementation.
For companies planning their transition to Oracle Cloud ERP, they must consider safeguarding historical legacy ERP data. Here, a short list of actions to consider for Oracle E-Business Suite (EBS) historical data retention for ERP:
- The legal requirements for data retention (usually stipulated by local tax authorities).
- Reporting needs.
- Data access and security needs.
- Technical and functional competencies of your staff.
- Cost considerations for implementation or migration.
- You can review the four EBS legacy data retention options below to determine which best fits your business needs.
GMP IT is a consulting firm with extensive experience in advising on the adoption of Oracle cloud services. Sumitomo Chemical Latin America, General Electric, Provincia Leasing, Stoller, Metalsa and Marsh are some of the other companies that trust and have trusted their services.
