Wazzup Pilipinas!
Over the years, the rapid development of information technology has greatly optimized the day-to-day operations of businesses. Companies collect and store an enormous amount of data, which in return, demands superior and diligent data management. However, organizations typically overestimate the quality of their data and the cost of errors, according to a study.
Because of this, Third Pillar Business Applications Inc. – a globally recognized business partner in providing best-in-class services and solutions – helps businesses transform their organization into a more innovative, cost-effective, and revenue-earning business through exceptional data governance.
According to Alan Alipao, managing director and head of consulting of Third Pillar, a regular data assessment and cleansing for data quality maintenance should become a standard practice to all organizations. “It informs the organization as to where the risks are within the data, thus allowing them to create preventive measures against business process failures, non-compliance, and other scenarios leading to profit losses.”
Data cleansing is the process of amending or removing data in a database that is incorrect, incomplete, improperly formatted, or duplicated.