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A "system of record" (SOR) refers to a software application or database that serves as the authoritative source of data for a particular business process or function. It is the primary system that is used to collect, store, and manage data related to a specific aspect of an organization's operations, such as customer information, financial transactions, inventory management, or supply chain operations.
The system of record is typically designed to be highly reliable, consistent, and secure to ensure the accuracy and integrity of the data it contains. It is often integrated with other systems within the organization to support business processes, analytics, reporting, and decision-making.
Overall, a system of record plays a critical role in ensuring that an organization's data is consistent, accurate, and up-to-date across all applications and processes that rely on it.
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