Data Conversion

The data migration process is a constant across every unique implementation, making it ideal to outsource. intheBlk will allow your team to focus on building your NetSuite instance without wasting energy and time preparing import templates.

Base Fee

5K

fixed-rate

Includes:

Data imported as a monthly journal entry by subsidiary with account and segment balances.

Hourly Rate

185 

per hour

Includes:

Consulting on segment mapping, tieout procedures, audit preparation, and other support during your implementation.

 

Other Pricing Considerations

Pricing can change based on one of the following factors:

  1. Multiple operating subsidiaries, including intercompany transactions
  2. Multiple operating currencies
  3. Planned integrations with other 3rd party systems
  4. Joining an implementation within one month of the go-live date

Pricing is subject to change and is assessed on a case-by-case scenario. Contact us to find out more.

Example Pricing

  • Example: A single subsidiary company wants to import its full financial history from QuickBooks. The company was founded in 2018 and its go-live date is 1/1/2021. The total technology fee would be $14,000, calculated as a $5,000 fixed fee plus a $9,000 monthly fee (36 months x $250/month).

FAQ

Common Questions

 

Why is there a technology fee?

The technology fee is for our tool that converts your legacy data to NetSuite's import templates. We estimate that the average person would take 15 hours to complete the net change approach template and 40-50 hours to complete the full history approach. The cost of our fee quickly pays for itself in saved hours. 

 

Why is there an hourly rate?

The hourly rate gives teams budget flexibility when planning to use intheBlk consulting. If organizations are budget conscious, the majority of the mappings and exporting data can be completed by you to save money. If teams need additional resources, intheBlk consulting can complete the tasks on your behalf.

 

What if we can't import my data?

Generally, if data is tracked in your legacy system, it can be imported into NetSuite. The most significant risk of the full history approach is being unable to run a report linking vendor payments to vendor bills and customer payments to customer invoices from your legacy accounting system. The net change approach will work with any system that can export a transaction listing to Excel. If your legacy accounting system is QuickBooks Online or QuickBooks Desktop, both methods will work for you!

 

Can I change my approach later on?

Absolutely. You can change at any time before starting the historical financial data conversion process, which is typically midway through the implementation timeline.

Case Studies

Read about the success intheBlk has had with real companies.

Net Change Approach

intheBlk assisted Oncorus, Inc. when they were short on time preparing their net change journal entry.

Net Change case study

Full History Approach

intheBlk completed the full history approach for Akouos when they moved from QuickBooks Online to NetSuite.

Full History case study