The ability to effectively manage a company’s financial and operational data is quickly becoming a measurable component of profitability. Illustrated by the fact that investors are asking to have not just IT infrastructure, but also the validity and integrity of the data contained within these systems assessed and valued. The ability to efficiently mine and manage a company’s financial and operational data can contribute to the company’s ability to properly measure and maintain its profitability. Moreover, investors, analysts and others will use this data to assess the health and well-being of an overall business. Therefore, it is extremely important that this information be treated as a company’s crown jewel and not a thorn in its side.

 

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