STRATEGY POLICY INVENTORY DATA
SYSTEM PROCESS
CONTROL SUSTAIN
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tangoanalytics.com
ROAD TO LEASE COMPLIANCE
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DATA
Load size and performance considerations,
especially with historical data
Once you've extracted and transformed the lease data you must load it into the
new system, which can be a herculean effort given the volume of lease terms,
clauses, recurring payments, one-time payments, reconciliations, etc. Now
think of all the historical data you will want to load from the inception of each
lease. The goal here is faster loads with lower failure rates. The only route to
success requires detailed planning that takes into consideration data source
dependencies, the use of data load automation tools and robust failure recovery
processes and backups.
Playing data catchup during
the cutover period
A major milestone in migrating to a new lease administration and lease
accounting system is called "cutover", which is when you switch from your
legacy system(s) to the new system (in reality, cutover is actually a time period
since it takes days to make the transition).
Delta management, the process of managing changing data during the cutover
period, must be well thought out and planned to avoid the risk of mixing data
and compromising calculations. For these reasons, a high-quality partner with
standard tools, templates and articulated reload strategies are worth their
weight in gold.
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DATA
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