Carving Out Success with AvenDATA
Archive Your Legacy Systems with AvenDATA
In recent years, many companies have looked to carve out non-core business units to focus on their primary strengths, reduce debt, and improve earnings. However, the carve-out process is far from simple—it’s filled with risks and complexities. Success in this endeavor hinges on choosing the right solution provider.
AvenDATA excels in this area. We understand the intricacies of carving out company codes and offer expert support in designing, planning, and implementing carve-outs.
Why Choose AvenDATA?
Expertise and Experience: Carve-outs require a deep understanding of database structures and ERP systems like SAP, Oracle, and Navision. Our team possesses the necessary skills and experience to handle these tasks efficiently.
Comprehensive Solutions: We provide a complete solution for separating clients and accounting areas within the ViewBox, which helps avoid legal conflicts over data provision before sales. Our ViewBox can be deployed on-premises or as a secure cloud solution.
Structured Approach: We follow a systematic process to separate elements effectively and efficiently, whether due to company sales, acquisitions, or restructuring (such as S/4 HANA implementations). We adhere to strict timelines to comply with contractual regulations.
Tackling Challenges Head-On
The complexity of carve-outs often arises when acquiring or selling a company. Transferring data between IT systems is fraught with challenges, from asset management and cost forecasting to creating financial statements and handling legalities.
Addressing Employee Concerns: Transitioning employees who are familiar with existing systems can be tricky, as they might feel marginalized. Our solutions are designed to ease this transition with high professional and technical understanding.
Managing Complex Operations: With factors like asset management, legal and tax issues, and financial advisory, carve-outs can be risky. AvenDATA’s specialized archiving solutions mitigate these risks, ensuring a smooth and effective process.
Our Proven Process
We approach carve-outs with meticulous planning and execution:
1. Detailed Analysis: We start by analyzing systems and data streams to develop a concept that differentiates IT resources between infrastructure and applications.
2. Thorough Checklists: Our checklists identify dependencies between IT tasks and overall requirements, ensuring a successful data separation.
3. Best Practices: Our team follows best practices, leveraging our deep understanding of databases to build a thorough strategy and carefully consider deployment options.
Commitment to Success
AvenDATA is dedicated to effective communication and active participation with your IT team. We propose and follow appropriate methods to ensure balanced knowledge dissemination and project success. Our extensive experience in data migration, security management, and data integration makes us the ideal partner for your carve-out needs.
With AvenDATA, you can confidently navigate the complexities of carving out non-core business units and focus on what you do best. Let us help you archive your legacy systems and carve out a path to success.
