2008 FERF Report

Each year, the IIC presents a number of Excellence in Information Integrity (EII) Awards to organizations that have put forth a concerted effort to provide accurate, consistent and reliable information to their customers, suppliers and partners. This research report, titled "Excellence in Information Integrity", provides case studies of companies that have won the Excellence in Information Integrity Award.

These case studies illustrate the application of the following lessons:

• Involve senior management in Information Integrity initiatives to emphasize that the project is a top priority.
• Standardize systems on a common technology platform and use a common chart of accounts.
• Processes should be automated. This will result in increased control and reduction of manual intervention and errors.
• Quality standards can be assured and maintained through rigorously applied Service Level Agreements and Key Performance Indicators.
• Implement software that will automatically detect errors.
• This software should replace manual controls.

Financial Executives Research Foundation, Inc. (FERF) is the research affiliate of Financial Executives International (FEI). For more information about FERF, please visit FERF web site.

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