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Data management tools make sure that employees have access to the correct information at the right time, allowing them perform their jobs more efficiently and faster. Data management systems that are well-organized protect businesses from unauthorized users and ensure that they comply with regulations such as consumer protection laws.

A well-planned approach to data management can save companies money by ensuring that assets such as data and analytics can be secured and made available whenever needed. This is especially important for organizations that have huge amounts of data or sensitive information to safeguard.

Some of the most effective software for managing data is focused on giving an integrated, consistent view of information across various organizational data sources, thereby increasing security, reliability, and visibility. These platforms offer data integration and data quality, as well as data governance tools that help improve business intelligence, enhance collaboration, and reduce the risk of costly errors caused by inaccurate or insufficient information.

Description: Oracle offers a suite of solutions that enable enterprises to design, implement and manage data-driven projects. Oracle’s Data Management Suite delivers consolidated accurate, consistent, and reliable master data for all operational and analytic applications. It also allows data quality and governance and policy compliance, as well as repeatable business processes, cross-functional collaboration and change awareness across the entire enterprise.

Tamr is an enterprise data mastering software that enhances and integrates data from different sources, and provides more analytical insights. It utilizes machine learning to consolidate clean and categorize data that comes from various sources. It also ingests metadata from both Hadoop as well as legacy systems. It provides users with an information catalog, a business glossary and a data lineage visualization.

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In a fast-paced business environment where information is the primary currency, innovation is essential. The accounting industry is experiencing a revolution in the methods of conducting audits, with new technologies like blockchain and artificial intelligence (AI) and data analytics and robotic procedure automation transforming processes and providing more efficient and effective results for clients.

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