Information is the lifeblood of any organization and if the quality of that information isn’t properly governed, it could be detrimental to the business. Poor quality can lead to higher costs, inability to properly market, compliance risks and an overall lack of trust.
Data Quality Governance is a discipline to measure, improve, and certify the quality and integrity of an organization’s data. Data Quality includes data understanding, standardization, matching, cleansing and monitoring. Organizations need to ensure high data quality and put measurements in place to keep the quality high over time.
There are three main areas organizations should focus on for improving and maintaining data quality:
Cleansing and managing data quality
Investigate, cleanse and manage high-quality data to deliver better business results
Success with Information Governance at Blue Cross Blue Shield