The Business Challenge with Data Duplication
To a business, data is as valuable as, say, the commodity of water is to us as human beings. Data is a nourishing force for an enterprise, because it tells the business story – it reveals the vital secrets in a market and keeps the business alive by illuminating paths to the decisions that will take said organisation to better, more lucrative monthly outcomes.
It’s easy to see why it’s so crucial. But what’s more, it’s also easy to see why a business must give its enterprise resource planner (ERP), or data tool, every opportunity to mine the richest data for the business. And mainly, that means data that is pure – not duplicated.
So, let’s talk here around the challenge of data duplication, how it happens, the problems that it can cause in the books, and the best ways to avoid it occurring, at any time.
How duplicate data can be created
Data duplication can occur for a variety of reasons, including human error, technical problems, or simply because different departments within an organisation are using different data sets.
The problems caused by duplicate data
Duplicate data can cause a number of problems, including:
- Decreased productivity
- Wasted time and resources
- Legal complications
Solutions to the problem of duplicate data
There are a few different ways to deal with duplicate data. One option is to manually review each instance of duplicated data and determine which is the most accurate. This can be time-consuming, but it may be the best option if the amount of duplicated data is small.
Another option is to use a deduplication tool that can automatically identify and remove duplicate records. This solution is often quicker and more accurate than manual review, but it can be more expensive.
Fixing the issue of duplicate data can have a number of benefits, including improved efficiency, reduced costs, and better decision-making. In some cases, it can even help to avoid legal problems. Dealing with duplicate data is an important part of maintaining accurate and reliable data sets.
How to avoid data duplication?
However, as the old adage goes, ‘prevention rather than cure,’ and that rings true for the methods we can employ in business, to ensure we’re always getting the richest, purest data, that’s telling the right story for our businesses.
But what is that data duplication prevention method, in this context? It’s automation.
Automating business processes essentially removes the need for manual input, and unnecessary human involvement. This not only frees your departmental professionals up for more meaningful tasks in their roles but does much to make processes company-wide more efficient – and when efficiency reigns, the bottom-line will always benefit.
So, how do you automate? With an ERP that can plug-in to your processes seamlessly and provide you with a comprehensive suite of channels and tools – all infused with the power of machine learning – to make these processes more accurate and efficient. When that’s achieved, the purest, most accurate data streams will start to trickle into your monthly reports.
Business,
Simplified.
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