Inaccurate data can have far-reaching implications for businesses, including:
- Poor Decision-Making: Leading to suboptimal strategies and business outcomes. - Financial Losses: Resulting from incorrect billing, accounting errors, or missed opportunities. - Customer Dissatisfaction: Eroding trust and loyalty due to incorrect customer information. - Compliance Issues: Fines or legal repercussions from failing to meet regulatory standards. - Reputational Damage: Loss of credibility and trust among stakeholders.