Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

The Hidden Costs of Data Migration

10 Jan 2025 · 1 min

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0:39

In this segment of the video, the speaker outlines the often‑overlooked expenses associated with moving data between software platforms. They emphasize that migration is costly not only because of the direct labor required to extract, transform, and load data, but also due to the indirect costs of training staff and the steep learning curve for the migration specialist. The speaker warns against choosing a solution that may only be suitable for a short period, as outgrowing it later triggers another costly migration. They illustrate the challenge with all‑in‑one systems that also handle accounting functions (e.g., QuickBooks), noting that moving data into a dedicated accounting package adds another layer of complexity and expense.

Chapters

Moving data is expensive. It's expensive to pay us to do the work because it's a lot of work. And then it's also expensive because you have to train your team and people have to learn. And then the person helping us get the data off, you know, one software to the other, that's a big job for them. Yes. So it's, it's not a cheap thing to move, and you don't wanna move yourself into something that's only gonna be good for a couple of years and you're gonna outgrow it. Um, and with any type of software, this means even like if you're moving from I don't know if you're in some kind of a— if you're in a PC law, you're in a software that's handling the QuickBooks side of it as well because it's an all-in-one. And now you gotta move data into QuickBooks, which is another piece of it.