How data governance can transform the management of your business

Data Governance is theoretically defined as the activities and processes that are carried out to implement data processing processes and policies in its collection, storage, management, purification and disposal phases. Data governance is situated in the operational and managerial part of a company, with managers and data analysts as its main actors, depending on the different areas it focuses on. In this article, we are going to analyze examples of data governance and how it can help to implement successful commercial and logistics infrastructure and technology. Configuring and maintaining data processes, establishing policies and using the right software are things you will learn in this article and from Mobilvendor, the best business management software.Discover how Mobilvendor can improve the Data Governance of your business hereBusiness Data Analysis SoftwareContents hide 1 Definition and importance of data governance2 Configure and establish data governance in your business3 Data governance in the supply chain4 Data governance in the commercial area5 ConclusionDefinition and importance of data governance Data governance consists of activities to establish procedures, policies and rules that ensure the organization of data in a company or project. To have data governance, data must have a process when it is entered, stored, managed and filtered, used and disposed of. The importance of data governance in a company lies in the possibility of accessing and identifying quality data quickly and effectively, ensuring that data is in real time and guiding management decisions based on this data. Having organized and purified data is important for decisions and reports to be as accurate as possible with the reality of each business.data analysis sales commercial systemConfiguring and establishing data governance in your businessTo configure and establish data governance in your business, you must consider starting from a process. The process of establishing data processing may be linked to your team's need for them. To start data governance, you can follow the following steps: Establish a work team to have a clear vision of the information needs and the importance of that data in each job position.Create policies for managing data and its access in your department.If your team or company does not have a data analyst, data engineer or a similar role, rely on software such as Mobilvendor Back Office module that can integrate your data and provide you with Power BI dashboards that solve your needs and adapt to your area. Implement moments to review compliance with data use policies and processes. Update with new policies according to the evaluation of available data. All of these aspects may be difficult to understand at first, but over time your collaborators and colleagues will understand the importance of having data always purified and tied to an analysis process. Mobilvendor may be the ideal option to support your team in data analysis. Data governance in the supply chainData governance within the supply chain helps to ensure process optimization, informed decision-making and security in key business data. The supply chain within a retail company can be key to trade secrecy. Containing centralized data in the Mobilvendor backoffice module can help your operations or planning manager to have Power Bi reports or dashboards with all the necessary KPIs to analyze whether supplier management, payment times, warehouse distribution effectiveness and more is in perfect working order. Generating data processing policies and their management can save the operational part of your business thousands of dollars thanks to the good management of times and processes that you currently don't have identified and your action times are very long. In Mobilvendor, you can manage all business activities in real time, with accurate, secure and reliable information. Data governance in the commercial areaFor the commercial area, having secure data and a process is essential. In this position, having secure data that goes through a process can mean thousands of dollars guaranteed. For a commercial area, having the information on recurrence, frequency and amount of purchases per day are ideal for putting together a business plan. In this type of process, having security in the storage, use and elimination of information must have software as a first option. We all know that there are businesses that can be lost due to ignorance and that's where technology can help us. For example: If we have dashboards with commercial information on the number and amount of quotes made by the sales team, the amount of money per recurring purchase and the daily sales frequency, we can have a clear vision of the business to act when one of these KPIs collapses. Having secure data governance in the commercial part will ensure that sales increase exponentially. At Mobilvendor, we have detected that many companies that switch to our Business Module experience increases in efficiency when closing deals because their information is centralized and protected for use. ConclusionIn any area of your business, managing and having good data governance will help your business to know the day-to-day reality of its operations. After analyzing its impact, you need to take into account the processes and policies necessary to obtain effective data control. At Mobilvendor we are experts in generating processes and we have the perfect software for data governance and control that benefits your company's sales and efficiency. Contact us here to learn more.