The Euro as an IT Challenge | Analyzing Applications and Preparing for Conversion |
This chapter explains how EuroSmart can help you to evaluate various strategies for euro-enabling applications.
You can use EuroSmart at a high level ato help you decide whether your approach to dealing with the euro is optimal. It can assist you to understand the consequences of your potential strategy before you commit to implementing it.
For example, assume that the proposal is to have two copies of your order entry system with one copy using local currency units and the other copy using euro units. First, you need to identify the areas needing change. You can then determine the additional effort in changing the system, and assess the long term benefit of maintaining a single source stream rather than two. Finally, you gauge whether changing to a single dynamic system handling both currencies is feasible in the desired time scales and is beneficial in the long term.
This section suggests how you can use EuroSmart to estimate rough costings for any strategy you are contemplating. Broadly, you make an estimate of representative samples and then extrapolate this across your complete application inventory. To do this:
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The Euro as an IT Challenge | Analyzing Applications and Preparing for Conversion |