Businesses need quick access to high quality and accurate information that is available in a timely and cost-effective manner. Proper data management not only reduces the potential for data loss but also strengthens the internal decision making process by integrating data, software and services.
Data Management comprises of all aspects related to managing data as a valuable resource. It is the administrative process by which data is acquired, validated, stored, protected, & processed, and its accessibility, reliability, & timeliness is ensured to satisfy the needs of the data users or the client.
Out of the various aspects of Data Management, Topologypro offers:
- Data Quality Management
- Data Cleansing
- Data Integrity
- Data Enrichment
- Data Quality Assurance
There are several ways or packages that can be applied in data management. One best example is the statistical where data analysis can be done within the same package. There is also the spreadsheet which is user friendly, well known and widely used. Database Management is secure and can handle complex multi-level data structures. All these can be applied in data management to ensure there are standard facilities for reporting.
Data Management also involves verification of data entry which is the most important area. This is done by a data entry agent who re-enters the data from the recording sheet into the computer and is alerted when a mismatch occurs. It is important for verification to be done by someone other than the person who entered the data. An individual is often inclined to repeat the same mistakes hence a Quality Analyst can do the re-checking.