Today every business must cope with the tightening economic environment and in this regard, cutting IT costs seems to be the only way to balance innovation and strategic initiatives with the company’s overall growth. In order to address this challenge, businesses that use effective data management services have greater chances of lowering their operational costs and use the savings to fund their business’s strategic projects.
There are several major changes a business can make while restructuring itself to manage its data in a more cost effective way.
System Consolidation
Today data management companies offer a variety of options that improves asset utilization, lowers capital expenditure and decreases energy consumption, resulting in increased savings for a business. With ERP testing services and BW archiving, consolidating various systems containing business information, such as accounting, sales, controlling etc., is now increasingly becoming an efficient and cost effective way to do the job and with minimum amount of disruption to day to day business processes.
Data Migration and Data Conversion
Very often businesses feel the need to transfer data from one place to another, whether for the purpose of restructuring or at the time of mergers and acquisitions. With SAP HANA migration services, smooth transition of your business processes is ensured with minimum downtime and zero data loss. With the job assigned to a data management company, the transition is accelerated and simplified without putting any excessive burden on the operational costs of a business. SAP HANA migration services allow the data to transfer in a fast and reliable way, thereby resulting in substantial cost reductions for businesses since it does not lose a single working day due to downtime.
A data management company can also assist a business with its data conversion needs with complete privacy whether it is to be used by internal or external auditors.
Change of Business Processes
Businesses that are seeking to restructure themselves in order to reduce their operational costs, must need to adapt to new systems and processes that will guide new workflow. In this regard ERP testing services can help identify your systems strengths and weaknesses and recommend strategies to make it more efficient, freeing up excess resources and optimizing its performance to the best level.
Whether you seek centralization or decentralization of your business operations, need process optimization or want to introduce a leaner management system, a data management company will have the answer to all your business restructuring questions.
For more information checkout SAP Archiving Solutions and SAP Housekeeping.
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