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So, your organization has decided to move forward with implementing a new HCM platform. The project team was put together, collaboration meetings began, discussions were had, and vendors were vetted. The perfect system was identified to accommodate your organization’s needs. You’ve rolled up your sleeves and have mentally prepared yourself for this daunting task. All seems to be moving along rather smoothly until you come to the Data Migration phase. Oy Vey is right!
Of all the phases and steps of a system implementation, I would argue none may be more challenging and demand more attention than that of data migration. This should come as no surprise. Ultimately the entire purpose of the system itself is to manage your data, correct? Of course, it would be a cumbersome task. Well, it doesn’t have to be. Migrating your data can be a success when you focus on a few key steps – Plan, Migrate, and Validate.
Once you have made the decision to invest time, money, and resources into a new benefit enrollment platform, to achieve your business goals and get the maximum value from your investment, you must be ready to adapt to learning a new process. With any new benefit enrollment platform, there will be challenges. Here are a few suggestions on how to overcome the learning curve and minimize those challenges to make the transition as smooth as possible.
Electronic data interchange (EDI) is the transmittal of data from one system to another. EDI in the benefits world, generally, transmits data from your system of record (benefit administration system, payroll, etc) to another system, specifically, an insurance carrier or provider. This will improve the overall efficiency of the benefits administration staff in s
