Enterprise Master Data Management

Enterprise Master Data Management

Stepwise Approach to a Master Data Environment
Step 1 – Creating a Central System of Reference
The first step would be to create a central repository for master data, which would load each system’s own master data at regular intervals. Data elements across systems would be reconciled to ensure quality of the data. The system would also enforce stringent quality checks to ensure that the central reference remains unpolluted. The system provides visibility into data conflicts and indication of data errors.