The `GETDATE()` function is a built-in function in SQL Server (and some other SQL dialects) that retrieves the current date and time. It's a fundamental tool for recording when data was entered, updated, or modified. This is essential for tracking changes over time and for various reporting and analysis tasks. For instance, you might want to log when a user made a purchase, when an order was shipped, or when a record was last updated. `GETDATE()` provides this timestamp information. It's important to note that the returned value is in a specific format, often a string representation of the date and time. The exact format might depend on the specific SQL Server configuration, but it's usually a standard format that's easily parsed and understood. Knowing how to use `GETDATE()` effectively is a key skill for any SQL developer working with time-sensitive data. This function is particularly useful for logging events, tracking performance, and creating reports that require precise timestamps.