Data Governance

High quality and timely information is a vital enterprise asset and critical to business success. Consistent and accurate information is indispensable to applications (i.e. Siebel – Sales, Siebel – CSC, IFS, Tech Pubs, Diagnostics, OSB and CLMT) and Business Intelligence (BI) requirements. For example, customer information in an enterprise which is often spread among many systems that are not well synchronized. The lack of harmonized data results in inconsistent or contradictory customer information, which leads to inaccurate decisions and less effective customer interactions.

What’s required is a highly flexible and collaborative data governance model that ensures information is leveraged and consistent across the enterprise. The governance model includes roles and responsibilities (data governance council, data owners, data stewards, and application owners), processes (data change and approval process), enterprise standards (Business Information Repository and policies) and technology (data governance tools).

Data governance encompasses the people, processes, policies, and technology required to create a consistent, enterprise view of the enterprise’s data to:

• Enable better decision-making.
• Reduce operation friction.
• Protect the needs of data stakeholders.
• Train management and staff to adopt common approaches to data issues.
• Build standards, repeatable processes.
• Reduce costs and increase effectiveness through coordination of efforts.
• Ensure transparency of processes.
• Standardize data definitions across the enterprise.
• Decrease the risk of regulatory fines.
• Improve Data Quality

 

Data Governance Communications

YVS can help you achieve with your services, please reach out to our team at (877) 345-4967 and info@yvspartners.com for further details. Our experts are waiting to help you.