Trusted Data
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Bad, missing or misleading data hurts business and erodes trust. Much like a refinery, Trax has developed highly sophisticated tools to ensure that the long standing IT adage of "garbage in, garbage out" does not apply to your processes. Rather with Trusted Data, the adage becomes "garbage in, quality and reliability out".
Nearly 20 years spent in the study of effective, safe data normalization and purification has resulted in Trusted Data, the only known service of its kind and the absolute foundation of efficient freight and logistics services bill creation, audit, cost allocation and payment services. Trusted Data takes your supply chain data feeds and paper documents and:
- analyzes data values to determine missing, incomplete, inaccurate or ambiguous elements
- identifies and corrects 90+% of bad data values such as addresses, geographic identifiers, key values, codes, units of measure, dates and many other data types
- normalizes data values so they are consistent for reporting, aggregation, analysis feeds to external or internal systems
- merges data from multiple documents and sources to generate a single triangulated version of reality
- correctly reconciles ERP system plans with supply chain realities
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Data Quality Analysis - Determine where you have data quality issues, their type and root cause. Leverage Trusted Data to help you obtain quality data you can rely upon.
Data Purification - Augment your system performance and data usability by fixing transactional data issues prior to them entering your process. Leverage Trusted Data to automatically and reliably address common bad data values.
Normalized Data - Drive more value and ease into your analytics process and tools by ensuring data from multiple sources intended to mean the same thing does. Leverage Trusted Data to normalize values and assure you can compare apples to apples.
Merged Data - Documents and systems often present their data reality differently than others. Leverage Trusted Data to triangulate and merge these documents and feeds into a single accurate reality easing review and data use.
Audited Data - Audit your data for not only field quality but for compliance in content and form, timeliness of delivery and more. Leverage Trusted Data to ensure you are getting what you need when you need it.
Certified Data - Get your or your partner's data certified accurate before it processes. Leverage Trusted Data to provide absolute certainty that data is valid and presented as required.
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Trusted Data provides you with a means to efficiently and effectively manage your logistics supply chain data. Trusted Data specifically drives:
- Data reliability in transactional processing and business intelligence
- Efficient process automation
- Reduced human intervention requirements
- Reduced accounts payable and accounts receivable administrative cost
- Transactional risk mitigation
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