IMPROVE DATA QUALITY

Governance helps you:

1

Reduce workloads on team members and efficiency in company operations

2

Speed to value when implementing new technology

3

Improve flexibility when systems need to change to handle new processes

4

Keep your company moving towards your goals

5

Produce the data needed to drive your business

Data Governance

Your data is not a byproduct of your operations. It's an asset that can be mined for information about the success of your business and can even save you money in the long-run by enabling advanced analytics.

Managing its creation, movement, relevance, and usage requires dedication at all levels of the organization. With the right process and technologies, the business not only enables its own analytics, but it can become a revenue generator. Acamar Consulting can help you establish a culture of data goverance by:

DIMENSIONS OF DATA QUALITY
Every business journey is based on data. The difference between a rough voyage and a beautiful destination is great, not just good, data quality. The key to leveraging that data to meet - and exceed - your business goals is the quality of that data. We focus on eight Dimensions of Data Quality that will give you the best chance of business success:
Timeliness
The data is up to date and users can expect to see the latest information and trends.
Accuracy
The level to which data represents real-world scenarios and can be cross-checked against other verifiable sources. Data accuracy powers factually correct reporting and trusted business outcomes.
Integrity
Data attributes are correctly maintained and in sync across the systems. For example, a customer profile includes the customer name and one or more customer addresses. If during a data transfer one of the addresses is lost, the related customer profile can become incomplete and/or invalid.
Consistency
Data is in-sync across systems and users would get the same answer to a question regardless of the system queried. Consistency can be difficult and expensive to achieve, leading to many business preferring to take a "single source of truth" approach. Inconsistent data usually requires verification against another trusted source.
Completeness
The data is sufficient to deliver meaningful inferences and decisions.
Uniqueness
Minimized duplicates or overlaps of data within and across datasets. Data uniqueness also improves data governance and speeds up compliance.
Validity
Data attributes align with the specific domain or requirement. For example, ZIP codes are valid if they contain the correct number and format of characters for the region. Using business rules is a systematic approach to assessing the validity of data.
Accessibility
The data is in the right place at the right time for the right analysis and users have access to the data.

Process Optimisation

Pivoting towards the future is the perfect time to re-evaluate why your business does things the way they are done. Technology alone rarely delivers on the value case. Enable sustained efficiencies with technology by optimising your processes first.

Processes are messy, often a holdover from old ways of doing things, and daunting to document. Yet they link people and technology and produce the data needed to drive the business. Process optimisation is key to fully realizing the business value of a transformation.

What benefits do I gain by documenting my processes?

Process playbook

The process playbook is the central document that contains all information about governed processes.

  • Processes are fully documented in a centrally controlled and governed repository
  • Processes are executed consistently
  • Change management is documented as a process
  • Accelerate employee onboarding / training
  • Less vulnerable to knowledge loss
  • Processes are core to business operartions and value-add
  • Continuous review presents opportunities for automation and further optimisation