Data governance refers to the set of practices, policies, and procedures that are used to manage and govern data. It involves the coordination of data sharing and exchange across various applications, work processes, and lines of business. The ultimate goal is to ensure that the data being consumed by the organization is traceable, verifiable, complete, and trusted by everyone. Data governance will identify and maintain the company’s system of record for all critical data.  To achieve this objective, a data consumption repository is utilized alongside reporting capabilities.