Enhancing Data Quality with Business720 at Hedegaard Nordic
Kent Lyager Laursen
27 August 2024
Hedegaard Nordic, a prominent supplier of building materials in Denmark, sought to improve their data quality for customer and vendor creation. With the introduction of Business720, they streamlined their data management processes, ensuring accuracy and significantly speeding up the creation of new vendors and suppliers.
Key Wins: Improved data accuracy, Faster customer and vendor creation, Automated data maintenance.
Background
Hedegaard Nordic specializes in supplying building materials to Greenland and timber to Denmark and the Faroe Islands. Managing a vast amount of customer and vendor data was crucial for their operations. Previously, data entry was a manual process that often led to errors and inefficiencies, impacting their overall operational effectiveness.
Challenges
1. Manual Data Entry Hedegaard Nordic's process for creating and maintaining customer and vendor records was manual, leading to frequent data entry errors. This not only wasted time but also resulted in incorrect addresses, tax information, and other critical details.
2. Inconsistent Data Quality Without a centralized process, there was significant variation in how customer and vendor data were entered and maintained. This inconsistency posed risks for compliance and operational efficiency.
3. Time-Consuming Data Maintenance Regular updates and maintenance of master data were labor-intensive. Ensuring that data remained accurate and compliant with regulations required considerable effort from the finance team.
Solution with Business720
Business720 was implemented as a comprehensive solution to address Hedegaard Nordic’s data management challenges. The app integrates seamlessly with and works directly in Business Central to automate and enhance the creation and maintenance of customer and vendor records.
1. Faster and Accurate Data Creation Business720 enables quick and accurate creation of customer and vendor records by searching and validating company information based on VAT numbers. This automation minimizes manual errors and accelerates the data entry process.
2. Automated Data Maintenance The app automates the maintenance of master data, ensuring that all customer and vendor information is kept up-to-date with minimal manual intervention. This reduces the risk of errors and saves valuable time.
3. Streamlined Data Management With Business720, Hedegaard Nordic has standardized the process of creating and maintaining customer and vendor data. This standardization improves data quality and operational efficiency.
Results
By adopting Business720, Hedegaard Nordic has achieved notable improvements in their data management practices:
Increased Efficiency: Reduced time spent on manual data entry and maintenance tasks.
Enhanced Data Accuracy: Fewer errors in customer and vendor records, leading to more reliable data.
Automated maintenance: Automatic validation and updates of data in scheduled bulk validations
Improved Operational Effectiveness: Streamlined processes contribute to better overall efficiency and reduced administrative burden.
Business720 has empowered Hedegaard Nordic to enhance their data quality and streamline their processes, making data management simpler and more efficient.
High data quality in creation is incredibly valuable. We use Business720 to ensure data quality when creating customers and vendors. This means we avoid mistakes. I would recommend Business720 to others because it is a small, simple, but effective app.
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