Implementing a robust data quality management strategy starts with tracking the right data quality KPIs.
Low-quality data costs businesses up to $15 million annually. And as AI becomes more and more important in data workflows, data quality becomes the key to getting useful outputs and insights. AI trained on bad data will give you bad information.
So if you want to improve your data quality, save money, and harness the power of AI effectively, you need to track the right data quality metrics.
Data quality metrics are quantifiable measurements that organizations use to assess the reliability, accuracy, and fitness-for-purpose of their business data, encompassing six core dimensions: completeness (presence of all required data), accuracy (correctness against real-world values), consistency (uniformity across systems), validity (conformance to rules and formats), timeliness (currency and relevance), and integrity (preservation during transfers).
These metrics benchmark how useful and relevant your data is, helping you differentiate between high-quality data and low-quality data.
Without quantifiable data quality metrics, you can't demonstrate ROI, prioritize improvements, or prevent problems before they impact the business.
Organizations that systematically track data quality metrics reduce data-related costs while improving decision-making speed.
For mid-senior technical leaders, establishing robust data quality measurement builds organizational trust in data-driven decisions and prevents the $15 million in annual losses that poor data quality can create for enterprises.
When faced with budgetary constraints, bureaucracy, complex systems, and an ever-growing list of security and compliance regulations you need to know that your efforts are providing you with higher-quality data.
These six data quality metrics are the key place to start. Measuring these, and continually assessing them, enables you to measure the impact your efforts are having.
Data completeness is the measure of whether all necessary data is present in a dataset, calculated as the percentage of data fields that contain values versus those that are empty or null.
Data completeness can be assessed in one of two ways: at the record level or at the attribute level.
Measuring completeness at the attribute level is a little more complex however, as not all fields will be mandatory.
Data completeness directly impacts your ability to generate actionable insights and maintain operational efficiency. When critical fields like customer contact information or financial transaction details are missing, downstream processes can fail, whether that's automated workflows or compliance reporting. And as AI becomes more embedded in processes, more complete data will give you better outcomes.
Key business impacts:
An example metric for completeness is the percent of data fields that have values entered into them.
Data accuracy is the extent to which data is correct, precise, and error-free, ensuring that recorded information matches the true state of the objects or events it represents.
In many sectors (e.g. the financial sector), data accuracy is black-and-white - it either is or isn't accurate. Data accuracy is critical in large organizations, where the penalties for failure are high, and in all organizations inaccurate data can flow downstream and cause impact throughout the business.
The need for accuracy is a key reason that domain experts - even if they're not technical - should be closely involved in data processes, so they can use their expertise to make sure data is correct.
Data accuracy is the foundation of trustworthy decision-making and directly affects your bottom line. When data doesn't reflect reality, stakeholders lose confidence in your entire data ecosystem. In industries like healthcare and finance where accuracy is mission-critical, even a 1% error rate can result in life-threatening mistakes or catastrophic financial losses.
Key business impacts:
An example metric for accuracy is finding the percentage of values that are correct compared to the actual value.
Data consistency is the measure of whether the same data maintains identical values across different databases, systems, and records, calculated as the percentage of matching values across all data repositories.
Maintaining synchronicity between different databases is essential. To ensure data remains consistent on a daily basis, software systems and good reference data management practices are often the answer.
One client using CloverDX to improve their data quality saved over $800,000 by ensuring phone and email data consistency across their databases. Not bad for a simple adjustment to their data quality strategy.
Data consistency ensures your organization speaks with one voice across all systems and departments. When customer information differs between your CRM, billing system, and customer service platform, teams waste countless hours reconciling discrepancies while customers receive conflicting communications. Organizations with poor data consistency experience longer time-to-insight as analysts struggle to determine which version of data to trust.
Key business impacts:
An example metric for consistency is the percent of values that match across different records/reports.
Data validity is the degree to which data adheres to specified formats, acceptable value domains, and business logic rules, ensuring that data entries meet organizational standards and requirements - for example, ensuring dates conform to the same format, e.g. MM/DD/YYYY.
If we take our previous case study as an example, the company relied on direct mail. But without the correct address formatting it was hard to identify household members or employees of an organization. Improving their data validation process eliminated this issue for good.
Data validity ensures your systems can actually use the data they contain. Invalid data - whether incorrectly formatted dates, out-of-range values, or non-standard codes - breaks automated processes and requires expensive manual intervention. Organizations that don't enforce validity rules at data entry points spend a significant amount of data management time and effort on downstream cleansing efforts.
Key business impacts:
An example metric for validity is finding the percentage of data that have values within the domain of acceptable values.
Data timeliness measures the currency and relevance of data at a specific point in time, assessing whether information is sufficiently up-to-date for effective decision-making and operational needs.
An example of this is when a customer moves to a new house, how timely are they in informing their bank of their new address? Few people do this immediately, so there will be a negative impact on the timeliness of their data.
Poor timeliness can also lead to bad decision making. For example, if you have strong data showing the success of a banking reward scheme, you can use that as evidence you should continue.
But you shouldn’t use the same data (from the initial 3 months) to justify the schemes extension after 6 months. Instead, update the data to reflect the 6-month period. In this case, old data with poor timeliness will hamper effective decision making.
Data timeliness determines whether your organization is making decisions based on current reality or outdated information. In today's fast-paced business environment, yesterday's data can lead to tomorrow's failures. When data lags, analysis and forecasting becomes guesswork.
Key business impacts:
An example metric for timeliness is the percent of data you can obtain within a certain time frame, for example, weeks or days.
Data integrity is the measure of whether data remains accurate, complete, and consistent as it moves between different systems and databases, calculated as the percentage of data that remains unchanged and uncorrupted during transfers and updates.
To ensure data integrity, it’s important to maintain all the data quality metrics we’ve mentioned above as your data moves between different systems.
Typically, data stored in multiple systems breaks data integrity. For example, as client data moves from one database to another, does the data remain the same? Or, equally, are there any unintended changes to your data following the update of a specific database? If the answer is no, the integrity of your data has remained intact.
Data integrity is the ultimate measure of whether your organization can trust data as it flows through complex enterprise architectures. When data loses integrity during transfers between systems, the entire data ecosystem becomes suspect. A single integrity failure can corrupt downstream analytics, trigger incorrect automated decisions, and create a domino effect of errors that take weeks to trace and correct. Organizations that fail to maintain data integrity face a crisis of confidence where business users stop trusting data altogether.
Key business impacts:
An example metric for integrity is the percent of data that is the same across multiple systems.
When the stakes are so high, it's important not to make things worse by applying the wrong data quality management processes. A careful hand is required to keep your data clean so you end up seeing healthy data metrics across the board.
If you combine data monitoring with the right automated data validation and cleansing processes, you’ll be on the right path to improving your data quality.
But there’s one piece to the puzzle that can make all the difference…
Reducing data errors will help improve your data insights and analysis, position you to be able to generate better AI outcomes, and ultimately grow your business - while minimizing compliance risks.
While strong data quality management starts with understanding and monitoring the metrics we’ve discussed above, doing this manually is problematic - and becomes impossible at scale.
Data quality is a fundamental component of your overall data strategy. While dedicated data quality tools have their place, the most effective approach integrates data quality management directly into your core data infrastructure.
Rather than bolting on separate validation and cleansing tools that create additional complexity, look for a comprehensive data integration platform that embeds data quality capabilities throughout your entire data pipeline.
The right platform approach means data validation happens at the source, cleansing occurs during transformation, and monitoring is continuous, meaning you catch issues before they propagate downstream, reducing the time and cost of remediation. This integrated approach also eliminates the technical debt and maintenance burden of managing multiple disconnected tools.
What to look for in a data integration platform:
CloverDX takes this integrated approach, combining powerful data integration capabilities with comprehensive data quality features in a single platform. Instead of stitching together separate tools for extraction, transformation, validation, and monitoring, you get a unified solution where data quality is woven into every workflow.
This means your team spends less time managing tools and more time delivering trustworthy data that drives business value.
For an in-depth look at how CloverDX can help data quality in your business, check out our dedicated data quality solutions page.