What is your data quality score? A question many business executives are struggling to provide a constructive response to, as well as what the impact of data quality on business operations is. The strategic importance of your data assets can’t be underestimated if you want to achieve successful business results. Many areas of data management – particularly data governance, master data management (MDM) and data quality – pose significant challenges for CDOs, CIOs, CQOs and business executives. Without an effective data governance program in place, you might face challenges that include reduced revenues, decreased productivity, inefficient manual processes and increased risks, regulatory or compliance focus.
Additionally, Big Data and the Internet of Things (IoT) are introducing new information sources to organizations – often times from outside company walls. Understanding the context, requirements and business value of this information requires business accountability and strict governance. Every business needs accurate, complete, consistent data delivered in a timely manner.
Protiviti’s pragmatic approach to data governance and data quality, combined with our business and technical acumen, can help you enhance business value through more controlled and efficient collection, distribution and usage of information.
Our Areas of Expertise Include:
Data Management Organization and Strategy
Data Governance is an ongoing effort for an organization, something that should be included in every business operation. Our proven methodology ensures your DMO is established with the right balance of technology, processes, business ownership and operation model to ensure long-term success and adoption.
When it comes to data governance, the quality and reliability of your data is paramount to a successful governance program. Your data must be clean, precise, and comprehensible. We provide end-to-end data quality solutions that include discovering, defining, applying, monitoring, and measuring progress in real-time.
Master Data Management
A solid master data management strategy provides you with an up-to-date single version of the truth. It provides a trusted view of critical information and deeper insights into data, leading to better and more cost effective business processes. Our broad range of MDM solutions provide a simple and trusted view of your data.
No matter what type of data you are governing, data integration isn’t easy. We understand what it takes to be successful. From extraction, cleansing and validation to implementation, our integration process is detailed and proven.