The use of word documents and spreadsheets as the primary vehicles for capturing and documenting governance, risk, and compliance procedures is often the go-to solution. But, it significantly impedes the ability for business units to work efficiently, expedite quality assurance processes, maintain durable data integrity, and deliver meaningful data insights. With new processes and technology, this situation has improved, but only marginally, as many technology solutions effectively take relevant, necessary information and turn it into “dark data”.
When information is trapped inside documents and spreadsheets, it effectively becomes “dark data”: impossible to search, reference, analyze, export, report on or access on mobile devices. These are all key demands of today’s business functions —and for data intelligence to support insights and decision making.
In this white paper, you will learn:
- The problem with hosting processes and procedures in documents and the destructive effects of dark data
- How to best avoid dark data and understand the need for digital evidence
- How high functioning teams are moving away from inter-linked documents and spreadsheets, to properly structured databases to unlock the value of data analytics
- When you should avoid document-embedded metadata
How to make primary critical documentation information available for queries