loader

About Systems

Finmo

Finmo is a digital platform that helps mortgage brokers manage and simplify the loan application process. This cloud-based platform offers a centralized hub for managing money movement, cash management, FX management, integration, and compliance.

Salesforce

Salesforce.com is a cloud-based customer relationship management (CRM) software solution for sales, service, marketing, collaboration, analytics and AI. It provides a very robust, scalable and flexible platform to build any app for your business using standard module with the help of customization.

Migration Strategy

Planning

Define the goals, scope, and timeline for the migration. Identify the data sources and destinations, and assess the quality of the data.

Prepare the data

Perform a data audit to find duplicates, inconsistencies, and missing information. Cleanse the data by deduplicating and validating it. Map the old data fields to the new Salesforce objects.

Choose tools

Select the appropriate tools to migrate the data, such as MuleSoft or Data Loader.

Sample migration in Sandbox

Run a test migration with a small subset of data in sandbox.

Validate the data

Validate the data accuracy and integrity after the first test migration. Make changes if required to fix the issue discovered in sample migration.

Execute the migration in Production

Execute the full data migration in batches, if necessary. Validate the data and test it.

Delta Migration & Post-migration
  • Reconcile the new Salesforce records with the legacy system data.
  • Do the delta migration if required.
  • Set up data backups and create a disaster recovery plan. 

Technical Steps

Data Model Mapping
Finmo Object Salesforce Object
Customer Account, Contact
Loan Opportunity
Ledger Transaction Custom Object
Invoice Custom Object as Child of Opportunity
Any other data Based on need – Standard or Custom
Tool Selection
Tool When to use?
Mulesoft or any ETL connector Best if we need to migrate quickly and high level data
Custom Script using Node JS or Python or Apex Batch
  • Best if do not want to invest purchasing any third party tool.
  • Good for a personalized data migration.
  • This approach may take longer time than first one
Important Technical Note While Data Migration
  • Setup profile’s access, role and sharing model in proper way to make sure the data privacy requirement of the company.
  • Make sure customer does not get any unwanted email by turning off the Email >> Deliverability.
  • Test the data migration first in a Sandbox, validate and then proceed the full migration.
  • Keep Id of records from Finmo in an external custom field to have track after you lose the access of Finmo.
  • Make sure lookup references are linked correctly.
  • Keep data backup from Finmo locally if possible if it does not contradict privacy policies.
  • Data migration may take upto 3 weeks to 6 weeks based on amount, complexity and number of objects to be migrated.

Summary

As the process of migrating data to Salesforce from Fimno is quite complex and extensive. Tenetizer helps the companies to complete the process smoothly.  Apart from  data migration, Tenetizer helps to maintain and evolve the experience of Sales & Customers immensely. Please reach us out or email us here for a free consultation contact@tenetizer.com..