Frequently asked questions about regulatory reference information

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The development of a unified system of reference information, for which there are uniform regulations and technical means at all levels, allows spending much less time and resources to obtain the information necessary for business.

What benefits does maintaining reference information provide to a business?
Using systems for working with reference information helps improve business processes. How does this manifest itself:

More efficient enterprise management through the unification of corporate directories and high data transfer speeds.

Reducing the costs of azerbaijan email list implementing new systems.

No costs for maintaining the relevance and reliability of data.

Creation of a unified information space for the organization.

Reducing the costs of creating consolidated reports.

Use of more relevant, complete, reliable and holistic NSI.

Provide easy control over data changes.

Implementation of new metrics for assessing the quality of information.

More efficient control of warehouse stock, reduction of unsold products and costs related to their storage.

Reducing debt by maintaining a common list of counterparties.

Freeing up resources for maintaining outdated reference books in different systems.

Improving the reliability of reporting data.

Unification of information in the corporate database.

Accelerated execution of business processes.

Possibility of personalized interaction with clients.

Merge duplicate records into one.

Much faster updating of product information across all systems.

The ability to manage information from different sources.

These benefits are achieved through the use of Master Data Management (MDM) mechanisms for managing reference information, the selection of which takes into account the nature of the business and the data handling policy.

What do the NSI service employees do?
To work in the NSI service, it is important to be able to exercise control over the management process and have a clear interest in achieving goals.

Employee responsibilities:

Maintenance of reference data directories based on user requests in accordance with regulatory and methodological documentation.

Implementation of control over the relevance and integrity of data.

Development of regulatory and methodological documents for the maintenance and support of NSI.

Consulting users and training them in working with data.

Monitoring data quality and generating reports on reference books.

Participation in the selection (or development) and testing of programs for managing NSI.

Much attention should be paid to the appointment of persons responsible for the contents of the reference book. They do not necessarily have to be members of the NSI service. As a rule, this role is performed by department heads who have to refer to the reference book especially often.