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Improve the understanding of your business
A shared understanding of the core business concepts and terminology increases the effectiveness of communication and decreases miscommunication. Misaligned reports being a single and merely innocent example. Are the different sales report in your organization comparable? Do units agree on a single definition of customer, a sale and profit?
Read more…Address GDPR compliancy and other data regulations
Compliance with data regulations is not only a legal obligation. It moves your organization from an application-centric approach to a data-centric approach, enabling the possibility to fully embrace customer centricity. With a business glossary you'll be in the right position to comply with data regulations and improve your organisation as well.
Read more…Innovate with aligned business and technology
The fast pace at which markets are changing requires your organization to adjust. Change, however, involves risk. To minimize risk and change with confidence the communication between business and technology need to be aligned. With a business glossary, it is easier than ever to retrieve KPI's or other metrics or to determine the impact of changes at any level.
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