Data Quality

Frequently Asked Questions

• What is TimeXtender Data Quality?

  TimeXtender Data Quality is a dedicated product that ensures the accuracy, consistency, and reliability of your data throughout its lifecycle. It provides automated data validation, cleansing, and monitoring, allowing organizations to establish and enforce quality standards across all data sources. Data Quality enables users to quickly detect and correct issues, ensuring that only trusted, high-quality data is used for decision-making, analytics, and reporting. This comprehensive solution reduces manual effort, improves compliance, and guarantees that your organization always works with reliable data.

• What features does TimeXtender Data Quality offer?

  TimeXtender Data Quality provides continuous monitoring, validation, and cleansing of data. It includes:

  • Continuous Operational Risk Monitoring: Monitors data in real-time to detect exceptions to business logic, ensuring operational risks are effectively mitigated.

  • Flexible Data Quality Control: Allows rapid implementation of new data quality controls through an adaptable rule designer, addressing emerging data challenges swiftly.

  • Intelligent Alerts and Notifications: Provides automated alerts for violations of data quality rules, enabling quick response to data issues.

  • Comprehensive Data Issue Overview: Centralizes the management of data quality issues, offering full transparency and easy identification of problems across business processes.

  • Efficient Responsibility Delegation: Streamlines accountability by enabling responsibility assignment, rule creation, and access to detailed logs and revision histories.

  • Cost-Effective Quality Management: Reduces the costs associated with poor data quality by implementing controls that ensure more accurate and reliable business insights.

  • Robust Data Quality Monitoring and Analysis: Tracks and reports on data quality KPIs, helping to measure the effectiveness of data quality initiatives.

• How does TimeXtender Data Quality monitoring work?

  TimeXtender Data Quality monitoring works by continuously overseeing the quality of data across various business processes, ensuring that it adheres to predefined rules and standards. The monitoring system automatically checks data against these rules, identifying any discrepancies, inconsistencies, or issues such as missing values, duplicates, or violations of business logic, ensuring that only high-quality data is used for decision-making.

• What benefits does TimeXtender Data Quality provide?

  • Improved Data Accuracy and Reliability: By continuously monitoring and validating data, TimeXtender ensures that data remains consistent, accurate, and free from errors, which enhances the reliability of insights and decision-making.

  • Proactive Issue Detection: The system detects data quality issues in real-time, allowing for immediate corrective actions before they impact business operations, reducing the risks associated with poor-quality data.

  • Cost Reduction: Automated data quality controls reduce the costs associated with manual data cleansing and rework, as well as the potential financial impact of making decisions based on flawed data, such as inaccurate billing or invoicing.

  • Increased Efficiency: With automated alerts, centralized issue management, and customizable data quality rules, TimeXtender simplifies the management of data quality, allowing teams to resolve issues more efficiently and spend less time on manual tasks.

  • Regulatory Compliance: TimeXtender supports compliance with data governance and regulatory requirements, such as GDPR and HIPAA, by maintaining high standards of data quality and offering audit trails for tracking and validation.

  • Enhanced Transparency and Accountability: A centralized overview of data quality issues and detailed logs ensure that all data quality activities are transparent, traceable, and can be delegated to specific team members, promoting accountability.

• Can TimeXtender Data Quality integrate with existing systems?

  Yes, TimeXtender Data Quality is a SaaS web app that seamlessly integrates with your current IT infrastructure and data systems, allowing for easy implementation with minimal disruption to existing operations.

• How does the Data Quality product work with TimeXtender Data Integration?

  While TimeXtender Data Integration includes built-in data quality and governance features, the TimeXtender Data Quality product goes a step further. It provides advanced governance and quality measures for data sources and repositories that aren’t directly managed by our Data Integration product.

  Available as a separate product or add-on, our Data Quality product ensures high-quality standards across all data assets in your organization.