Introduction

Archiving legacy ERP systems and safeguarding data integrity is very crucial. Retaining historical records isn’t just good practice—it’s a legal and strategic necessity. Explore the twenty reasons why preserving legacy data can enhance compliance, inform strategic decisions, and strengthen your organization’s competitive edge.

01

Legal Requirements

Certain industries and countries have regulations that require the retention of business data for a specific period.

02

Historical Analysis

Data from legacy ERP systems can be valuable for historical analysis and trends.

03

Evidence In Legal Disputes

In legal disputes or audits, old data can serve as evidence.

04

Compliance Requirements

Certain industries and organizations must adhere to compliance regulations that necessitate data retention.

05

Contract Fulfillment

Information about past transactions and contracts may be needed to fulfill obligations.

06

Taxation Reasons

Financial data may need to be retained for a longer period to comply with tax regulations.

07

Audits

Internal and external audits require access to historical data.

08

Knowledge Preservation

Experience and knowledge from the past may be stored in old ERP data.

09

Research And Development

Historical data can be useful for future development projects.

10

Historical Transactions

Customer inquiries about previous transactions require access to legacy data.