It may not be your competition or market conditions holding back company growth. Elevating the quality of your data might offer numerous opportunities across the enterprise.
Poor data quality can be traced back to several sources. Most organizations experience several of them simultaneously, and they often interact and compound exponentially over time. Common sources include:
The result is low data trust across the organization.
Then these root causes translate into measurable problems:
Poor data is not just an IT issue—it is a material financial risk that directly affects revenue, cost, and profitability. Across industries, poor data quality typically results in:
Bad data causes inefficient operations across supply chains, finance, and internal processes. Poor data quality causes employees to spend time fixing data instead of creating value. Instead of producing insights or innovation, teams are often doing manual repair work.
Poor data also damages strategy, innovation, and growth opportunities. When leaders don’t trust the data, companies delay decisions, underinvest in analytics, and miss market opportunities.
Poor data quality also affects how companies perform in the marketplace. Bad data leads to
marketing targeting the wrong customers, incorrect personalization, poor customer experiences, and reduced retention.
Poor data quality blocks the value of analytics and AI. AI and analytics amplify bad data, meaning technology investments fail without clean, governed data.
Of course, the key is making good decisions, the right decisions, to fulfill the promise of business AI. And this should allow the human element to remain front and center throughout.
To be sure, a poorly constructed AI tech stack will create highly negative outcomes. The good news is that there are an overwhelming number of options available in the marketplace to help your business try to get it right. You are not alone.
But your data is YOUR data. It is not like anyone else’s data. The best or most expensive AI tech stack in the world will fail spectacularly if you feed it poor quality data. Ultimately, the primary responsibility of having high-quality business data is yours.
Businesses that decide to use the Salesforce® and Agentforce® platform have built-in advantages when it comes to the AI tech stack and a repository for data. But more work must be done on the data side.
Optimizing the use of Salesforce and AI is the responsibility of a number of the business’s IT stakeholders, first and foremost the Salesforce Admin. In Salesforce, default data quality tools are limited, so it is likely the Admin will make the decision to find additional solutions to elevate data quality.
The easy-to-use functionality of the free app Data Quality Helper offers various ways improve the quality of existing data and future data creation:
Using this app will result in a better data set that will optimize the ROI of using Salesforce generally and produce successful outcomes for AI specifically. And there’s even more good news: The way the app works doesn’t leave the full responsibility for data cleanup resting solely with the Admin. Salesforce users are empowered to fix data issues—after all, they are the ones closest to the data, so they are the ones best suited to make the necessary decisions about quality resolution.
With better quality data, your business can:
The problems often originate with the lack of data governance. Organizations often focus on collecting data rather than managing it. Instituting the proper governance tools is a proactive approach to preventing the problems in the first place. Without governance, there is no:
According to research from Gartner, poor governance is one of the primary reasons data initiatives fail.
To limit costly and lengthy manual repair work required to get to a better future state, the right tools can streamline efforts across the entire company and accelerate data quality success. If your company uses the Salesforce® platform as its single source of truth for data, the free Data Quality Helper app can empower admins and users together in every company function.
This 100%-native app offers quality monitoring for duplicate records, soft or hard validation rules, and data storage management and deletion. Admins create the rules, records and objects are flagged for review, and the users who best know the data track and fix the data issues. In real-time, 24/7, all existing data and newly created data are monitored and flagged with warnings that follow the data until resolution.
It couldn’t be easier. And improvement efforts don’t fall on a small group of people—quickening the pace of change. Plus, with data rules in place, new bad data is less likely to occur going forward.
Bad data quality silently sabotages business productivity, revenue, and growth everyday. Unaddressed, it gets worse over time. How much longer can you afford to delay action?
Learn more about Data Quality Helper, and install the free version of Data Quality Helper at the Salesforce AppExchange today.
(Statistical Sources: Gitnux, ZipDo, Data Ladder, and WifiTalents)