Liquidation / Insolvency

Due to an insolvency you ask yourself how you can still keep the data from your IT legacy systems?
We know the answer to your question – use our ViewBox archive and free yourself from your legacy systems.

Insolvency is
still not the end for your data

In case of a liquidation or insolvency one does not usually think about the fact that
the data must still be available in the systems for years. Besides, they must fulfill
different requirements, as for example for the access of the finance management,
customs check or income tax checks. There are also requirements typical for different
branches, such as tracing of charges, informing suppliers, etc. These requirements are
generally worldwide and are not limited to one country.
Liquidation or insolvency already brings with it many issues that need to be addressed. The legacy applications are not necessarily the first priority and require resources that are usually no longer available after an insolvency. The same applies to the know-how in dealing with these legacy systems. That’s why we are happy to take care of these applications without you having to allocate extra resources to them.

What happened when you decide for us?

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STEP 1

System analysis

At the beginning, a system analysis takes place. The purpose of the system analysis is to enable us to estimate how much time we will need to archive your legacy system and what costs you will incur so that you have a basis for planning and decision-making. The result of the system analysis is always a fixed price offer, which you can accept or reject. In general, this analysis takes 90 minutes. The system analysis is divided into two parts:

Technical part for clarification

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access to the systems (VPN/Citrix ...)

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required rights in the systems

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coordination of contact persons (professional/technical)

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type/size of database (e.g. Oracle/721 gigabyte)

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definition of export memory/shared memory

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system version/name

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coordination of backup processes

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... and some more

Business part for clarification

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discussion/agreement/screen recordings of the required standard reports e.g. balance sheet, trial balance, sales order ...

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discussion / agreement / screen recordings of additional reports

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... and some more

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STEP 2

The archiving project

After the system analysis has been successfully done, you ask yourself whether you want to start the project. Once you have decided for doing a project, there will be a kick off meeting in which your team will get to know our experienced project manager. In this kick off the following points will be voted on:
It is important for us that we burden your resources as little as possible when archiving. The following topics will be discussed during the kick off.
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introduction of all participants

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access to the network

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presentation of the process model

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coordination of a project plan

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access to the system

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coordination of a weekly jour fix

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access to the database

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and some more...

After the kick off meeting, the project starts. Due to our extensive experience, we can also support you if you are stuck in a few places. The following essential milestones are part of the project realization. Each milestone is subject to its own quality assurance.
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access to the system

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setting up the web address or VPN access

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data export protocol /hash values

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user training

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data transfer

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documentation of the entire project

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data import

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coordination with accountants / auditors

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creation of test data

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creation of the commissioned views / reports

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and some more...

Depending on the complexity, a project lasts 2-6 months. We are also happy to support you in coordinating with your business or auditors.
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STEP 3

User acceptance test - project handover

The last step is acceptance by you. In doing so, you will probably test cases  and check the completeness log and documentation. Furthermore, we would be happy to provide you with all of our samples. You then already have an extensive set of test data. If everything is correct so far, you will receive an acceptance report from us and you can switch off your system, since all the necessary information can then be reviewed within the viewbox and properly archived. From that moment on, the risks of the legacy system are gone and you start saving money (maintenance/electricity/staff…). Even after acceptance, we are of course still there for you through our support. We support e.g. when audit is announced, or if further training is required, e.g. due to a change of employees.
Access to all relevant data even after the liquidation
Solution

Access to all relevant
data even after the liquidation

Whether in form of an on-premise supply in your office or as a secure cloud
hosting solution – ISO 27001, ISO 9001 and ISO 50001 certified. With the
ViewBox software by AvenDATA you can provide a global archive for all kinds
of old applications.

Enable the efficient and secure
access to all relevant data even after
the liquidation of the company

That’s the challenge: How can one guarantee the access to all
relevant data even after the end of the company? And do this without
continuing to operate the old systems and use the relevant resources?
efficient and secure access to all relevant data even after the liquidation of the company
BENEFITS & FEATURES

Advantages of ViewBox

FIXED PRICE

Each of our archiving projects is fixed price based, allowing you perform the necessary planning and budgeting. The fixed price includes migration and ongoing costs.

Merge & Acquisitions

The ViewBox can be used not only for decommissioning systems, but also for carve-outs required due to company acquisitions.

SAVING YOUR IT RESOURCE

By decommissioning legacy systems, internal resources are freed, which means they can be used for productive systems or other projects. As a result, your internal resources are no longer burdened.

Switch off legacy system

The main goal of archiving is to be able to subsequently decommission the legacy system. After a project with us, this refers to the application both on the old server and the old database.

DOCUMENTATION

You will receive project documentation for every archiving project, which serves as an essential evidence for the internal audit and the auditors. It takes into account evidence for data integrity, data completeness and audit security.

Multi-client capability

The archiving software is multi-client and can therefore be used for different clients and systems from a wide range of manufacturers. You are able to build an archive for all your legacy systems.

archiving and removal of legacy systems

Efficiency through experience

The team of specialists of AvenDATA has more than 18 years of experience in
archiving and removal of legacy systems. The know-how includes more than
250 systems – from SAP to Oracle Financial up to Navision. The AvenDATA GmbH
with head office in Berlin was founded in 2003 as a spin-off of the famous audit and
tax consulting company Mazars GmbH & Co. KG. Due to international use of the
AvenDATA even transnational requirements can be met trouble-free. More than 3,000
customers worldwide have been relying on the achievements of the AvenDATA GmbH
since its foundation.

General Data Protection
Regulation (GDPR)

We have considered everything -
also, the 'right to be forgotten'.
ViewBox is already compliant with
the new EU-GDPR.

From May 25th, 2018 the data protection act (GDPR) of the European Union (EU) is also
valid in Germany. The essential innovations include the ‘right to be forgotten’ which
implies the deletion claims of affected persons directly at the storing place. With the
ViewBox such data can be made unrecognizable in the sense of EU-GDPR. Companies
will additionally get an expanded accounting duty for the handling of data. And in case
of risk-afflicted data processing a ‘data protection-subsequent evaluation’ must be
carried out according to certain criteria. With the ViewBox by AvenDATA – unlike with
other systems – you are prepared for these new legal basic requirements very well.