Here is a scenario you might be familiar with: You spend hours searching through files for a specific piece of data, and when you finally find it, it’s an old version from months ago. It’s outdated, and a more accurate version is nowhere to be found. Has this happened to you?
What about this? Leadership pulls a report without realizing the data included isn’t complete. They make important business decisions without a full picture, and now your systems are getting switched up because the data wasn’t right.
This is why you need a robust data management plan; the benefits speak for themselves.
Data Management Benefits
A data management platform keeps your data accurate, searchable, and compliant with your organization’s data policies. It centralizes everything, so you can catalog, govern, and access data in one place. Effective data management puts your organization in a better position to take advantage of all the insights it holds.
More Accurate Data
When information gets updated as changes happen, you know your data is as accurate as it can be. That’s difficult to maintain by hand, but easy with an automated system that syncs data across your systems for you. Records stay current everywhere at once, so no one is working from last quarter’s numbers. When it’s time to pull reports and act on those insights, you can trust what you’re looking at.
Enforced Data Compliance
A data management platform gives you audit logs and access visibility: who used what data, when, and for what purpose. That level of transparency makes it far easier to meet compliance requirements like GDPR, SOC2, HIPAA, and other guidelines. The record is automatically logged, so no one is stuck scrambling for a paper trail when it’s time to audit access.
Data is Easily Searchable
Imagine knowing exactly where to find the information you’re looking for, every time. With an in-depth cataloging system, your data is organized and searchable in one place, so you and your team don’t have to spend hours hunting through folders, inboxes, and disconnected systems for the data you rely on.
Builds Trust & Enables Better Decision-Making
When your data is up to date and complete, you can actually trust it. When leadership uses those insights, they know they have the full picture behind every important decision. Think about dividing up sales territories: instead of splitting regions evenly by population, they could divide them by real opportunity, taking into account current and potential sales based on actual market data. The decision produces a much better outcome because the data behind it was complete.
How to Choose the Right Platform
Choosing the right data management platform depends on your overall organizational goals. Managing data matters, but doing it manually takes time you can’t sacrifice. The best move is to invest in a data management platform that brings everything together in one unified space. As you compare options, keep these considerations in mind:
- Determine your end goal. Do you want automation that syncs data between systems? Do you want more visibility into the data you already have? Do you need tools to help clean your data? Be specific so you know what to look for when selecting a platform.
- Double-check security and privacy requirements. Whether these are internal requirements put in place by your IT team or external compliance regulations, like GDPR, HIPAA, or SOC2, make sure you have everything in order.
- Review your integration needs. Does the platform connect to all the apps you use, including your CRM, ERP, eCommerce, or even AI?
- Look for AI functionality. AI adoption is on the rise, with 78% of organizations using AI in data-related functions. Staying competitive means choosing a platform that’s ready for it, whether that’s AI-powered insights today or the ability to connect your data to AI tools down the road.
- Compare costs. What’s your budget, and what exactly are you getting for the price? Take into account the base functionality, as well as the ongoing maintenance or support costs.
- Think of adoption. How easy would it be for your team to start using this new platform? The platform won’t help if your team can’t (or won’t) use it.
Data Management Benefits with eOne Solutions
The eOne iPaaS covers data management from every angle. SmartConnect keeps your data accurate by syncing it automatically between your systems, without manual re-keying or stale records. Popdock makes all your data searchable and accessible in one place, including legacy data from past systems, without migrating anything. And PopdockAI lets you put that data to work conversationally. Ask questions in plain language and get insights across systems, with governance controls built in.
Contact us to see how the eOne iPaaS can put these data management benefits to work for your team.