SAP RE-FX R/3 to S/4 HANA Data Migration: Different paths same result, success!
Migrating from SAP RE-FX R/3 to S/4 HANA can be a complex and challenging process without suitable support, as it involves the transition of critical business data and processes to the new platform where the migration objects are not supported by the S/4HANA Migration Cockpit.
SAP RE-FX is tightly integrated with various core modules such as FI, CO, AA, and Business Partner tables. This integration is crucial for the comprehensive management of real estate-related financial transactions, cost analysis, asset accounting, and business partner relationships, resulting in several dependencies that increase the complexity of migration.
In this context, Qiado brings to the table a wealth of experience, partnerships, a diverse team of experts, a collaborative ethos, and an active role in your project's execution.
We are committed to making your SAP RE-FX S/4HANA migration a seamless and successful endeavor.
Avoid the most common pain points
Migration Objects: Identifying and transferring specific migration objects can be challenging, and mismanagement can result in data loss or inconsistencies.
Contact Dates and Historical Data: preserving historical data and contact dates is crucial for continuity and legal compliance.
Accounting Migration: ensuring a smooth transition of accounting data, including ROU/Liability Balance.
Valuation (IFRS16) Migration: topics such as Interest Rate and PED.
Data Transformation and New Fields: Data mappings with new logic and fulfillment of data in new fields.
Adopt a systematic approach to ensure a successful SAP RE-FX migration to S/4HANA
Proof of concept: implementing a proof of concept to validate the migration process before the migration begins is the key to understanding the system and preparing a proper migration strategy.
Migration Strategy: Develop a comprehensive migration strategy tailored to your unique business needs and system configuration. It should address each pain point with specific solutions and the decision-making process should prioritize business objectives and account for system limitations.
Robust Migration Tool: Use a powerful migration tool that serves as a bridge for mapping fields from the source system (SAP RE-FX in R/3) to the target system (SAP-RE-FX in S/4HANA). It should enable flexible data mapping, data validation, scalability, data transformation, error handling, and version compatibility, ensuring a seamless data migration.
Migration plan: A well-planned and structured timeline is crucial for a successful migration. Define a detailed migration plan that outlines step-by-step activities for the migration day. Consider conducting multiple mock data transfers to fine-tune the process continually.
Cutover Plan: a well-defined cutover plan is crucial for ensuring a smooth transition from the old system to the new one.
Diverse team: Assemble a diverse team with various expertise, including professionals well-versed in real estate accounting, data migration, contract management, and technical aspects of the migration. It will provide the knowledge and skills needed for a successful transition.
How Qiado is prepared to support your migration process
Recognizing that every system and customer is unique, we leverage our extensive experience to define the best-suited solutions for your specific needs. We adapt to the intricacies of your migration, ensuring a tailored approach to problem-solving.
Adaptable Solutions Approach
Valuable Partnerships
Having established partnerships with the leading RE-FX migration tools available in the market, including COS-33, Qiado provides you access to the best tools and technologies for your migration, further enhancing the success of your project.
Diverse Team of Experts
Drawing from the wealth of knowledge accumulated across various projects, we've assembled a team of experts in RE-FX accounting, contract management, certified migration consultants, and RE-FX functional consultants. Our multidisciplinary team provides you with comprehensive support throughout the migration process.
Our service package emphasizes collaboration. We work closely with you to define the optimal migration strategy by combining insights and decisions to address the identified pain points. Your input is invaluable in crafting a solution that aligns with your business objectives.
Collaborative Approach
We're not just advisors but active participants in your project's journey. We actively assist in defining the project plan and contribute to its successful implementation through the expertise of our dedicated professionals.
