How do you know if your master data is complete and accurate?
Without it, you lack the solid foundation needed for strategic sourcing, target marketing, customer service delivery and a host of other business-critical strategies.
Annual risks from bad vendor data
You may be unable to halt payment errors or to identify fraudsters by prohibited entities.
5% of corporate revenues lost to fraud globally
$1.3B in OFAC fines ranging from $40K to $657M
30% of duplicate payments triggered by bad or missing vendor master data
Annual risks from bad customer data
You may lose business or make bad business decisions based on bad customer data.
25% of US and UK businesses have lost a customer due to incomplete or inaccurate data
20% have lost money by offering too much credit
19% suffer from inaccurate financial forecasts
21% of media budgets have been wasted due to poor data
 ACFE 2020 Report to the Nations
 U.S. Department of Treasury 2019 Enforcement Information
 apexanalytix internal analysis of recovery audit results for corporations around the globe.