Correct reference data is the basis for the quality of the indicators calculated on their basis and the correctness of the classification of the source data.

A single point of publishing master data for the entire Company is critical to bring all processes to a common denominator. The difference in master data in different processes can lead to incorrect decisions or erroneous actions of employees, robots and artificial intelligence, in addition, it is more difficult to pass audits.

In many information processing processes, incorrect data markup based on empty, outdated or incorrect reference data leads not only to errors in the values of indicators, which significantly reduces the value obtained from the data, but also entails the need to recalculate the data, which is often more expensive than the initial markup of data.

Creation of a single center for maintaining and providing reference data gives positive business results in the first months after the implementation of MOSAIC Reference data management, since complete, current and reliable reference data can be used not only for analytics or reporting, but also by all IT or AI systems of the Company for its operational activities.