NetLoan - Implementation Roadmap
Below are key implementation milestones and related activities that need to be completed on the road to go-live.
| MILESTONES | PREPARATION | CALL/TASK | NEXT STEP |
|---|---|---|---|
Fill out NetLoan Discovery Questions | Call for introductions, setting project objectives, providing a project overview, and establishing the project timeline. | Provide Netgain team admin access to NetSuite; sign up for Netgain knowledge base; review statement of work. | |
Install NetLoan bundle. Sign up for Netgain Knowledge Base. | Call to introduce your team to the templates used to migrate your data, to ensure you have access to helpful resources that aid in completing the templates, and to provide time for your team to ask questions. | Provide completed NetLoan templates to your implementation team, so they can assist in uploading the templates into NetLoan. | |
All loans need to be uploaded into your NetSuite account. Review the loans using the instructions in the Data Validation article. | Time to bring up any data discrepancies that you found in your data validation and receive guidance on how to resolve these. | Verify the data is complete and correct and that it is ready to be moved to your production environment. | |
Prepare to share your screen during the training and ensure your role has permission to use NetLoan functionality. | Your Netgain implementation team will train your team on your new NetLoan processes and the various features you will be using once you go live in the system. | Practice these various processes in your sandbox account and start your user acceptance testing. | |
Complete your user acceptance testing using the Product Test Cases file as a guide. | This call allows you to raise issues you found during testing to the Netgain team, so these can be resolved. | Finalize testing and provide "green light" for go-live. | |
Delete all test loans. Verify data validation is complete. | The Netgain team will transition your loans from your sandbox to your production environment in preparation for going live. | You will need to smoke test the transferred loans to ensure no errors have crept in during the transition. | |
Review loans in production and commence them, and book manual entries to reverse prior loan balances into the go-live clearing account. | Run the go-live entries that will establish loan balances onto your books via NetLoan. The Netgain team can help you do this on a dedicated call. | Ensure your go-live account has cleared out fully and that no balances prior to NetLoan are sitting on your balance sheet. | |
Your implementor will be available to answer questions through your first month-end close following your go-live date. | Consult the Netgain knowledge base as you encounter questions or issues using the product. Additional support can be found by contacting support@netgain.tech if needed. | Enjoy your automated loan accounting! |