One of the most daunting tasks for any business is data management. Data can be challenging to track and manage, especially when it is spread out across different systems. In order to effectively deal with data, many businesses are recognising the advantages of a database-driven environment, which can help improve data management and reporting while also providing other benefits.
When data is manually entered at a departmental level into spreadsheets, there’s an inherent inefficiency if it requires duplicating and entering into other copies or versions. And often, this is the case when information needs to be shared with other divisions of the organisation or stakeholders. A database-driven environment can help to resolve this inefficiency by providing a single source of truth for data.
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