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The growing volumes of data in companies require effective Master Data Management (MDM) to ensure integrity, quality and consistency. This provides optimal support for business processes and data-based decisions.

As fundamental business objects, master data is the virtual capital of an enterprise and is not managed for its own sake. Controlling and managing this master data ensures its quality and integrity to avoid serious problems in business processes.

MDM comprises the strategic, organizational, methodological and technological activities for managing, centralizing and enriching this data. An important aspect is the identification and linking of data from different areas of the company along the value chain. This creates consolidated information about attributes of master data objects and a unified view of the object itself. It should be considered that MDM is not a pure IT topic, but a discipline that requires close cooperation between IT and business.

By structuring MDM properly, master data can be defined in such a manner that it generates the greatest possible benefit for the company in the value creation process.

  • A long-term strategy with defined business case leads to a clear impact direction of MDM to achieve an optimal cost-benefit ratio
  • With structured governance and clear assignment of responsibilities, compliance with policies and processes can be ensured
  • If product, business partner or financial data is available in the required quality, business processes can be optimally supported
  • A transparent system architecture that maps the integration of master data in the business processes enables an effective optimization of these processes and better control of changes
  • Complete modeling of master data information ensures a company-wide understanding of its use and format
  • Efficient and effective master data processes can be ensured through optimized and digitized administration of master data with suitable solutions that can be flexibly adapted

To unleash the full potential of a well-structured MDM, we have developed a model that analyzes, evaluates and optimizes your MDM. Our model is based on best practices and many years of experience from numerous customer projects and helps you to get the maximum benefit from your master data. Let’s find out together how we can improve your MDM and help you being more successful.

Would you like to learn more about our work in this area? Contact us and together we will analyze how we can support you in optimizing your MDM.

Katja Joachim

Katja Joachim Business Unit Manager

Areas of focus: IT Project Management, Change Management, Process Optimization

HERE’S HOW WE HELP YOU

Master Data Strategy

A defined and coordinated strategy is essential to guarantee the success of master data management.

Master Data Governance

We’ll give you the guidance you need to create a customized MDM organization to get the best results for your operation.

Master Data Quality

Improving data quality can have a far-reaching impact on your business. We offer a range of services to help you identify and follow best practices for your unique needs.

Master Data Integration

Manage your data and keep it up to date across your organization and its systems.

Master Data Modeling

We support you in analyzing and optimizing your master data model and accompany you in solving integrative issues.

Master Data Administration

We support you in the selection and implementation of your MDM solution – together, needs-based and goal-oriented.

FACTS, STORIES, OPINIONS

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