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Pros and Cons using data monitoring application

In our last article we described the need to have a unified monitoring platform for data anomalies. Here we outline the pros and cons in continuous monitoring application:

Pros:

  • Reveal and manage data anomalies in a proactive manner
  • Optimize and improve business procedures/ Refine business processes
  • Increase confidence using and relying on organization core systems
  • Improve data integrity and in turn business integrity
  • Reveal hidden finances
  • Continual data cleansing
  • Auditing capabilities/ Continuance approval mechanism
  • Reduce IT and organizational costs
  • One unified monitoring workbench for all source systems
  • One unified install base for all control points
  • Immediate ROI

Cons:

  • Manage additional business software
  • Integrate and offer technical support for users of the new software

For more information please contact us at TripleCheck.

Some other things you might want to know

Driving Project Success: The Integral Role of Quality Data Conversion
Costly Consequences: Navigating the Risks of Poor Data Governance
How Automated Data Validation Solutions Streamline Business Processes

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