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Stock impact report

CFOs: How To Prioritize Data Quality For Business Growth [Forbes]

BlackLine, Inc. (BL) 
NASDAQ:AMEX Investor Relations: investors.blackline.com
Company Research Source: Forbes
Everyone understands data is important, but many business leaders don't realize how impactful data quality can be on day-to-day operations. In my experience, nearly all process breakdowns have root causes that can be attributed to poor-quality data. Yet most companies are not managing data the same way they would any other critical asset. A recent study conducted by HFS in partnership with Syniti, which surveyed 300-plus Global 2000 business leaders, revealed less than 40% of organizations have methods and metrics in place to quantify the impact of bad data on their organizations. It's time for a shift in focus. Business leaders—specifically CFOs—must take decisive action to ensure they have clean data to unlock growth and technological opportunities for their company as it moves forward into the future. The Importance Of Quality Data And Effects Of Low-Quality Data Any digital transformation, including AI initiatives, is a significant investment, with a CFO-approved business c Show less Read more
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