In the previous chapter, you learned about the importance of requirements gathering, business processes, solution blueprints, and requirement traceability.
In every implementation project, there are two primary data management activities that a project team needs to deal with, as follows:
- Configuration data: Configuration means setting up the base data and parameters to enable your functionalities, such as financial, supply chain, taxation, and project management.
- Data migration: Data migration means migrating data from the existing legacy system to a new ERP system. Typically, it includes master data such as customers, vendors, and products, and open transactions such as opening balances, open receivable, open payable, open orders, and on-hand inventory.
Effective management of data can be achieved with the help of the right scoping, tool...