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Why Data Quality and Data Governance are Important to Achieve Compliance

Analysts Corner

In this article, we present a brief overview of compliance and regulations, discuss the cost of non-compliance and some related statistics, and the role data quality and data governance play in achieving compliance. Million in revenue due to a single non-compliance event. In 2020 alone, banks were fined $14.2

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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. Food for thought and the way ahead! What do you think?

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How to Bridge the Skills Gap With Automation for JD Edwards

Insight Software

Bridging The Skills Gap: How Automation Makes Finance Teams Less Reliant on IT Access Resource Key Initiatives to Address Skills Gaps in the Workplace Given the shortage of talent finance teams are facing, they are under pressure to do more with less to maintain productivity.

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Agentic RAG AI: Why It’s the Future of BI Insights and Analytics Tools

Insight Software

From cloud-based platforms to on-premises databases, Simbas connectors make the data accessible, reliable, and ready for analysis. With Logi Symphony, you get: Data Governance and Security: Layered protections ensure that data is accessed securely, respecting user and tenant-level permissions.

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The Importance of Data Quality in Financial Reporting

Insight Software

Data quality has always been at the heart of financial reporting , but with rampant growth in data volumes, more complex reporting requirements and increasingly diverse data sources, there is a palpable sense that some data, may be eluding everyday data governance and control.

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Discover the Benefits of MDM in Power BI With Power ON

Insight Software

Leaning on Master Data Management (MDM), the creation of a single, reliable source of master data, ensures the uniformity, accuracy, stewardship, and accountability of shared data assets. BI, on the other hand, transforms raw data into meaningful insights, enabling better decision-making.

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Journey from Peoplesoft to ERP Cloud

Insight Software

But with two data streams hybrid instances can be challenging to manage and maintain without the right tools. But with two data streams hybrid instances can be challenging to manage and maintain without the right tools.