Master Data Solutions Delivered, Starting at FREE
It is not your job or burden in life to reconcile data & metadata before you can then deliver accurate reporting!
We can help you stop this abuse that consumes up to 40% of a person’s week, costs far too much, wrecks careers, and hurts shareholders.
The software to fix this common problem is available for FREE.
The shocking cost for this work flow is as follows: For every 50 people who have anything to do with reporting or analytics at most companies, it costs almost USD$2,000,000 dollars a year in Labor to reconcile data & metadata with spreadsheets, email and phone calls.
It’s a terrible waste of professional labor to perform this task which is far too big to be done manually with spreadsheets, email and phone calls anymore. It is especially important to automate this workflow quickly because data is growing at 42% every year and bad data will also derail your AI goals.
The actual cost of is dangerous work is likely far higher when you consider the past cost of bad business decisions already made based on incorrect data that then took a toll on shareholders and caused career damage to all involved.
Regardless of the amount of effort your team members make to reconcile data as it moves from system to system, you cannot possibly keep up, and there will be more and more recurring mistakes that then impact reporting accuracy that then cascades to bad decisions that somebody must be blamed and punished for.
The red lines and process icons below represent the chaos of reconciling data manually.
Its normal for data to change as it is enriched and edited in multiple workstreams for common business updates to accounts, hierarchies, entity changes… as data moves from workstream to workstream.
Not using a purpose-built metadata tool is no longer a viable option because of the massive volume of data that needs attention.
The manual part of data management costs an average of 16 hrs. a week for almost every finance, supply chain and operations staff person at any company, so adding up the justification for change is easy.
Between IT’s own shortage of staff and IT’s almost universal misunderstanding about the struggle your team has with everyday changes in: Account names, re-organizations, account hierarchies, product numbers…There cannot be any illusion or hope they will ever help you on their own, so you must act separately to save yourself.
Master data management directly impacts the decision-making reporting the CFO and CEO depend upon, so it’s more important than most other initiatives that may be under consideration.
We can help you to best articulate and get you the tools you need to directly contact your leadership with a solid affordable plan about this business issue. Waiting for this to “Bubble Up” naturally from your IT team will not work.
The good news is that it’s affordable and there is no excuse to solve this problem because the software to fix it is available for Free.
A messy, manual and expensive master data process leads to inaccurate reporting, impacts: Compliance, customers, audit, analytics opportunities that never get delivered, staff turnover, AI projects that fail, and a level of anxiety & mistrust that is not healthy. Therefore, there is no argument that this is an IT task for them to work on, it’s a business issue with the business taking the lead.
We have a server-based version of the software fixes that for free regardless of record count, number of users or number of systems we support. If you need hosting, product support or consulting, we provide that at a very affordable rate.
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