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Cost of Poor Data Quality Calculator
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Tale of Data offers this calculator to estimate the cost of poor data quality within your company or department.

A. Estimated salary costs

This section allows you to convert the time spent on data quality issues into financial costs for the organization.

B. Productivity Loss

Estimate the time wasted managing inaccuracies or inconsistencies in data (missing, inaccurate, duplicate data, etc.).

C. Cost of Customer Incidents

Understand the financial impact of poor data on customer relationships.

D. Costs of operations that must be repeated due to poor data quality

An operation that must be repeated is the result of non-compliance with an order, delivery, service provision, merchandise, etc.

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E. Compliance and Risk

Has bad data caused any legal or regulatory issues?

F. Impact on Strategic Decisions

Include the costs of past bad decisions due to biased reports, dashboards, or AI models. These costs are highly subjective and difficult to assess: the aim here is to provide a low estimate.

 

 

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