Convert PSD to JEF

Professional embroidery design software typically offer some kind of digitizing function that might create embroidery design from imported pictures - usually JPEG, but better SVG vector graphics. So it would seem that the best course of action for psd to jef conversion (Photoshop to Janome design) would be first to export your PSD file to something more common and use that to digitize some embroidery design out of it.