Data Governance Policy consists of a document with a set of guidelines to ensure that an enterprise information and data assets are managed consistently. The Data Governance Policy contains the practices, principles and standards that the leaders of that particular Enterprise have determined to ensure that they protect and have high quality data.
Modern day businesses are growing rapidly and every day systems process a plethora of transactions which will create huge amounts of new data such as adding new vendors, material, customer, payments debits and credits etc.
With the increasingly diverse and volume of data, keeping a track of your data becomes vital to make informed decisions. Globally many enterprises collect, generate & process tons of data. Data Governance includes collaboration of people, technologies, process, and policies.