Research by Experian shows that 99% of businesses understand the importance of having a data strategy, but a lack of data quality control is still resulting in organisations experiencing data errors and breakdowns.
Experian concluded that 75% of businesses are wasting 14% of revenue due to poor data quality. That’s a staggering £197,778m of wasted revenue across UK businesses every year.
Whatever data quality strategy is in place, having full buy-in and compliance from all users is crucial for its success. Info-CTRL solves the problem of user compliance with its simple, but revolutionary approach. Instead of imposing new ways of working on employees to increase data quality control and reduce business risk, Info-CTRL enables them carry on using the same operational processes and systems (i.e. their spreadsheets) while ensuring that business data is protected, secure, verified and up to date.
Info-CTRL is a unique cloud-based system that delivers:
- Automatic validation and verification of data
- Full audit trail
- High user acceptance
- Reduced risk
- Increased efficiency
- Cost savings
- One version of the truth
Info-CTRL is also low cost and fast to implement. For more information email firstname.lastname@example.org
A summary of Experian’s research findings is shown below: