Five Key Reasons Enterprise Data Governance Matters to Finance … and Seven Best Practices to Get You There

Abstract

Trends from a recent survey show that enterprise data governance initiatives are more predominant in 2015 than they were in the past. This change is due to CFOs realizing that strong governance around hierarchies and dimensions are critical for enterprise success. Many organizations are planning to reduce by half their use of spreadsheets and e‐mail for enterprise data governance in 2015, and this reduction is matched by an increase in the planned use of packaged enterprise data governance solutions. There are seven best practices to work on to attain strong data governance in your organization. Some may be facilitated through the use of software, but many are just good practices that must be adopted and adhered to by your company. © 2016 Wiley Periodicals, Inc.