System Of Record

[ˈsɪstəm | əv | ˈrɛkərd]
Definition:

A system of record is a data management software system which is the authoritative source of data. Most organizations  have multiple sources of pertinent data – sales records, loyalty program data, marketing intelligence.

The system of record becomes a single source of combined, up-to-date data which is regularly updated and maintained.

Part of speech:
noun
Use in a sentence:
The system of record can be used for various reasons.
System Of Record