The one corporate asset, which does not usually appear as a line item on the corporate balance sheet, is information. Rather, its presence and value are reflected in various operating statements. Good business acumen on the part of management, along with viable data-transformed into quality information-are the primary ingredient, along for sound business decision-making. Ultimately, this results in improved ability of a corporation to successfully compete in the marketplace.
Information is the business’ lifeblood
The dimensions of accuracy, availability, accessibility, and timeliness measure information quality. When degradation occurs in one or more of these, it indicates the debilitation of the corporate ability to support its decision making process or taking advantage of market opportunities. The decision to upgrade and integrate the information infrastructure becomes inevitable.
The path to a new business information system is one not frequently traveled by most businesses. To dramatically reduce the risk and accelerate their planned paybacks, those who decide to travel it find it valuable to have professionals guide them as quickly and safely as possible to their new information system.
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