Centralized administration of key data
MDM represents a solution for harmonization, long-term storage and management of key company data that improves consistency and accuracy of company reporting and planning. Workflow environment is used to handle the data so it is possible to manage and share key information in accurate and original version.
For whom is MDM intended?
Master Data Management is suitable for companies who work with large amounts of diverse data and need to keep track of key information in a uniform way. It makes reporting, planning and other activities using the data substantially easier.
Did you know...
...that a complex Master Data Management system ensures better quality and faster access to all key company data and thus improves overall business efficiency of your company?
What are the situations where MDM can prove useful?
- Organization structures, product portfolio and other data change as the company develops. MDM lets you monitor historic data and compare relevant information.
- Gathering key data from diverse databases and applications is a time-consuming and expensive process that can increase error rate. MDM can speed up the process significantly because all the necessary data is available in one place.
- Lots of important data is modified by employees who do not have the necessary knowledge and privileges to perform these modifications. MDM uses workflow environment so that data can only be administered by employees with appropriate privileges.