- The finance industry functions based on several strict regulatory measures. Accurate information forms a determining factor in evidencing compliance with legislations like the Sarbanes-Oxley Act and Basel III. A mismatch between the finance reporting information breaches the regulatory compliance, and this might lead to substantial penalties, litigation, and damage to reputations. A firm's commitment to its information being correct ensures openness and cleanness, leaving regulators and stakeholders with feelings of trust.
Performance Evaluation - The actual data is necessary for the analysis of the performance of a company. The ROI, profit margins, and cash flow analysis are all measured by real figures. False data might mislead a company to not make proper assessments of their performance and hence they make wrong strategic decisions as well as resource allocations.

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Lead 0.9mm
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