What is Information Quality Management in SAP BC-EIM-IQM - Information Quality Management?

SAP Term: Information Quality Management

• Component: BC-EIM-IQM

• Component Name: Information Quality Management

• Description: Framework that provides processes, services and transformations to detect inconsistencies in busines data master data and transactional data according to a given set of business rules and requirements. IQM enables you to monitor quality find out how information quality evolves over time and to control information quality provide mechanisms to handle incorrect information.

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• Key Concepts: 
  Information Quality Management (IQM) is a component of the SAP Business Suite that helps organizations ensure the accuracy and consistency of their data. It provides a set of tools and processes to monitor, analyze, and improve the quality of data in SAP systems. IQM helps organizations to identify and correct data errors, reduce data redundancy, and improve data accuracy. 
  
  How to use it: 
  IQM can be used to monitor the quality of data in SAP systems. It provides a set of tools and processes to identify and correct data errors, reduce data redundancy, and improve data accuracy. IQM also provides a set of reports that can be used to analyze the quality of data in SAP systems. 
  
  Tips & Tricks: 
  When using IQM, it is important to ensure that all data is entered accurately and consistently. This will help to ensure that the quality of the data is maintained over time. Additionally, it is important to regularly review the reports generated by IQM to identify any potential issues with the quality of the data. 
  
  Related Information: 
  IQM is part of the SAP Business Suite and is closely related to other components such as Data Services, Master Data Management, and Business Intelligence. Additionally, IQM can be used in conjunction with other SAP components such as Business Warehouse (BW) and Enterprise Resource Planning (ERP).