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DESCRIPTION:Click for Latest Location Information: http://edw2015.dataversity.net/sessionPop.cfm?confid=87&proposalid=7208\nThe Finance organization initially recognized the need for enterprise-wide data governance as it began to transform the Finance function overall.  Finance engaged IT and other parts of the enterprise to build and drive an integrated approach to Data Governance. This holistic approach had the common objective of driving business value through improved data quality and data governance. \nA specific group was created to ensure the delivery of trusted data to business processes, transparency in the movement of data, and accountability for the use and management of Finance data. This group served as a change agent and helped drive the enterprise towards improved benchmarks in data management across definitions, sourcing, use, accountability, communication and quality. A critical aspect was compliance, and the Data Governance group put a key focus on this area to ensure success. Real results were achieved in efficiency, streamlining of processes, elimination of reconciliation activities, and increased data quality for decision-support.\nBusiness value metrics were established across the data life cycle and were used to drive support to fund initiatives and monitor their value. Improved data governance processes within the Finance function contributed to efforts to achieve corporate goals. \nCritical Success Factors covered in this presentation include:\nEstablishment of communication channels between Finance Data Governance, Finance Operations, and Technology. \nThe effective Chief Data Officer.\nCollaboration between Finance PMO, Enterprise Data (IT) and Change Management functions.\nClearly articulated and measurable business value.
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SUMMARY:Unlocking the Value and ROI of Data Governance Initiatives in Finance Organizations
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LOCATION: See Description
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