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Transforming your business requires a trusted analytics base
Your data is a powerful asset. But getting it organized and integrated can be a huge task.
Poor system interoperability, organizational and data silos and acquisitions resulting in unintegrated systems with poor controls can all lead to bad data quality, different meanings for the same data and reports that provide different answers to the same question.
A robust data foundation:
- Is critical to establish trust and adoption of the business intelligence environment
- Allows your organization the flexibility to use integrated data for multiple purposes
- Facilitates an enterprise view and consistent and common understanding of your data
To create the foundation necessary to execute truly insightful reporting and analytics, our professionals help you establish the processes, organizational constructs and enabling technology you need, which is just as important as the specific technology.
Although costly, unnecessary time spent on manual processes doesn’t appear on your financial statements. Worst of all, your inability to see a “complete picture” may prohibit timely decision-making, leaving you no alternative but to manage by looking in your rearview mirror.
RSM professionals bring the experience and leading practices needed to effectively automate data integration. Automation eliminates hours of manual collection from disparate systems, cleansing, formatting, integrating and summarizing.
Master data and metadata
Master data and metadata are the “glue” that connects your organization’s data, facilitates integration, provides transparency and drives common understanding across the enterprise. Master data focuses on standardizing core business concepts and views (i.e., customer and patient, product, service, etc.), enterprise hierarchies and reference data. Metadata focuses on driving common understanding of business definitions and data lineage.
Poor data quality often leads to bad decisions. Whether it’s inaccurate, incomplete, incorrect, inconsistent or untimely data, poor quality is a reason to mistrust the data. Establishing trust in your data is critical to move to evidence-based decision-making.
Improving data quality can mean identifying potential issues before the data is integrated into your business intelligence environment or taking preventive measure to identify potential future data quality concerns.
Enterprise data warehouses and focused analytic data marts
Is your organization “data-rich, but information-poor?” Integrated enterprise data, structured around the way your organization does business, can significantly increase your chance of succeeding in today’s challenging and rapidly changing business environment.
Enterprise data warehouses offer a flexible, efficient method to achieve the diverse needs of the consumers of information. They can also facilitate common understanding across your organization.
Focused analytic data marts can be effective solutions when you need analytics regarding a specific business domain. They can also be a starting point for an enterprise analytics program.
Our business intelligence professionals understand data, the importance of establishing associations and relationships between data and the challenges you face in creating a robust data foundation.
Years of experience helping businesses in a wide range of industries and our thorough knowledge of leading practices mean we have what it takes to help you establish integrated, consistent and commonly understood data frameworks. And because trust in your reporting and analytics is so critical, we work closely with you to establish the pragmatic and effective preventive and detective business intelligence frameworks you need.
Your data is a powerful asset. Call RSM today to make it work for you
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Implementing a robust data foundation provides integrated, trusted and timely information for more stronger reporting and analytics.
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