Which are factors to consider when choosing between system conversions and new implementations?

When choosing between system conversions and new implementations, considering transactional data is crucial. Transactional data refers to the information generated through daily operations within the business system, such as sales, orders, and financial transactions.

When performing a system conversion, existing transactional data is typically migrated to the new system. This means that the organization can retain historical data, ensuring continuity in operations and a complete record of past transactions. If an organization has significant transactional data that it relies on for reporting, compliance, and operational processes, a system conversion may be the preferable route to ensure that this vital information is preserved and accessible.

Conversely, in a new implementation scenario, organizations may decide to start fresh, which could mean leaving behind a lot of existing transactional data, unless there is a strategy in place to manage data migration. This could be beneficial in cases where the old data is deemed obsolete or where a clean slate is required to support new business processes.

Factors like costs, sponsorship, and inheritance can influence the decision-making process but do not directly address the critical aspect of how transactional data is handled in both approaches. They may shape the overall strategy or feasibility of conversion versus implementation but do not provide the specific insights into what data implications these choices may have for the business operations.