Data Governance

DataFlux enables effective data governance through a combination of people, processes and technology

Every organization around the world has data on customers, products, finances, employees and inventory. Without an effective data governance strategy to manage this information, organizations cannot make the right business decisions to stay competitive – and thrive in an uncertain business environment. Data governance is the practice of establishing well-managed, integrated and high-quality enterprise data that can provide the foundation for good business decisions.

Benefits of a Data Governance Program

An effective data governance program helps organizations maintain a single, consistent set of policies and processes for monitoring and managing all corporate data. Through successful data governance programs, organizations can:

• Reduce costs through streamlined, automated transactions
• Improve profitability by better identifying high-value customers
• Increase efficiencies by managing spend across departments and divisions
• Reduce risk by automating compliance management

Data governance enables these benefits by transforming enterprise data into data that is:

• High-quality – Clean, standardize and de-duplicate data
• Integrated – Integrate data from multiple systems and present it as a single master record
• Accurate – Prevent bad data from entering the system
• Current – Maintain up-to-date information through real-time data governance
• Reliable – Drive better business decisions

Driving Data Governance Through People, Processes and Technology

The disciplines required to create, manage and control high-quality data are the essential core of data governance. These disciplines can include data quality-driven processes such as data integration, master data management (MDM) and a data stewardship program. DataFlux technology enables this kind of organizational change by placing the power to improve data quality in the hands of business users. DataFlux uniquely expands the capacities of data stewards across the enterprise, enabling the implementation of business-driven governance rules across all corporate data. DataFlux data governance solutions provide:

• Master data management – MDM is the creation of a single, accurate and unified view of corporate data, integrating information from various data sources into one master record
• Business policy management – Business policy management allows you to define acceptable criteria for your data, and institute real-time data quality business rules to make sure those rules are met
• Governance dashboards and scorecards – Governance scorecards give you easily accessible metrics that keep you informed of whether your company is meeting its data quality goals