A data governance tool can help organizations enforce transparent, reliable and standardized data handling processes and procedures throughout their organizations. These tools support the deployment of governance policies and best practices, offer an automated and comprehensive workflow for assessment of data quality and correction, facilitate data migration, allow organizations to track data lineage and create frameworks that balance utility with data security.
When choosing a tool to manage data governance, it is crucial to think about its ease of use and how it can be integrated into the existing ecosystem. This will help you avoid disrupting workflows and require IT support. Find features that automate access and privacy requirements, and maintain an audit trail centrally to satisfy regulatory compliance requirements.
In addition to providing an integrated interface to all the company’s data management and governance processes, the right tool should be able to scale easily with the business’ growth and changes in the use of data. A flexible licensing model as well as a low total cost of ownership and solid integrations with other systems are also important factors to consider when selecting the best solution.
The SAP Master Data Governance tool is a sought-after option. It is part of the SAP Business Technology Platform. Formerly known as Erwin Data Intelligence by Quest Software, this tool combines distinct data catalogs as well as data literacy and data governance products into one suite. It has built-in data governance policies along with a stewardship workspace and role-based views that allow www.ecodataroom.com/data-governance-tool-the-virtual-data-room/ data to be accessible to different types of users. It also has automated functions to harvest metadata, catalog it, perform data profiling as well as a mapping of data lineage.
