Why does data quality matter? It matters because it increases business efficiency. Second, it reduces costs. And third, it enhances customer satisfaction.
Improving data accuracy has been the major goal of companies to avoid delay and paying out of the budget costs for bad data. Furthermore, it was more expensive to pay for the wrong data than producing clean data at the first try.
Your financial reporting and business planning can also be affected by bad data. An accurate data entry yields good results making the supply chain operation successful. It boosts the companies productivity, resulting in a business that provides quality service to its customers.