The difference between a System of Record and a System of Reference is:
The difference between a System of Record and a System of Reference is:
A System of Record (SOR) is the authoritative source for a specific dataset, meaning it is the original system where data is created and maintained. Examples include ERP systems, CRM systems, and HR systems. A System of Reference (SoRef) is a trusted way to access data from multiple sources but does not own or create the data. It aggregates or presents data for reporting, analytics, or integration purposes.
A System of Record (SOR) is the authoritative source where data is originally created, captured, and maintained according to defined rules and governance policies. It serves as the single source of truth for specific datasets within an organization. A System of Reference (SoRef) is a trusted way to access data from multiple sources but does not own or create the data. It aggregates or presents data for reporting, analytics, or integration purposes.