Companies have to deal with multiple applications supporting their sales and accounting business processes. ERPs, Point of Sale software, Intercompany processes automation, billing systems, are some of the examples of data generation systems. That data is federated on the sub-systems and for the purpose of providing a simple and centralised information, integrations must be made.
On that integration process, data can be lost and, worse, can be altered or changed inadvertently. The reporting generated with those issues can lead to management problems (with actions taken based on wrongful information) or even fines from the regulators (again caused by the bad information). The standard audit files or standards for audit, changed the way the companies can deal with kind of issues. They are the source of digital audit and the opportunity to use them for data integrity.
Acting as an independent system, Col.bi can be used for that purpose of automatic auditing, quality and data integrity platform, analysing information produced by the ERPs and complementary systems. Moreover, Col.bi can be used as a management tool for the companies as it uses the same raw data of the information system. More, Col.bi uses information that will be or was provided to the regulator.
The quality assurance of that data should be properly addressed. Col.bi helps on that assurance.