Talking About Master Data Management
When the barista gets your identity wrong….
it’s just a cup of coffee
If your doctor gets your identity wrong, you could get the wrong medical treatment. |
If your accountant gets the vendor name wrong, you could pay the wrong invoice.
If your warehouse miscounts inventory, you lose out. |
Data that is out of sync costs leads to missed opportunities and business hazards.
Redundant or conflicting data only aids inaccurate decision making, which affects your bottom line. At SIG, we believe data should move and integrate seamlessly. Let us improve your data mastering process and we’ll give you a unified and current view of critical business information that is always up to date and integrates seamlessly with your other platforms.
Properly mastered data is essential across a wide range of industries, and is often utilized across business divisions. From healthcare to transportation, the data that drives your business may come from a wide variety of sources — medical devices, registration systems, customer input, third parties, monitoring equipment, and much more. Properly tracking, aggregating, and standardizing that data is key to a competitive edge. When it works seamlessly, you gain efficiency. When it doesn’t, your technical debt grows, often requiring manual intervention to untangle. We can do that untangling for you.
What is Mastered Data?
Some things are best explained with an example.
Take the example of a patient with a chronic condition who sees multiple healthcare professionals at different organizations. Say that patient changes their last name and moves to a new house, but only tells some of their doctors, leading to denied medical claims and missed revenue for the provider — simply because they had the wrong name and address on file. We can fix that, and keep everyone updated.
Mastered data presents a lot of challenges, but we have the expertise and experience to untangle that for you. Twins and infant shell records are our specialty.