Poor Data Quality cost 100 largest Danish companies 4 Billion DKK

This is the result in a study PA Consulting has conducted in Denmark. They also mean this figure is a conservate figure and the real cost is probably higher.

Another result is that you can save 3,5% in purchasing if you have good Data Quality.

The question is why the management let this happen, and the conlusion is that it is because the costs are hidden and you cannot pull the numbers from the accounting.

You can read more about the study here. The article is in Danish.


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