Master Data Management

Master Data Management encompasses the methods and tools used to collect, aggregate, match, quality-assure and persist critical reference data and analytical structures. These structures ensure common understanding, consistency, accuracy and control. Inefficient master data management waste time and effort during critical processes, inconsistencies in processes and reports, and sometimes a simple inability to compare and contrast like for like concepts.

When allied with an effective data strategy, the benefits are magnified significantly. We can help you take practical steps to improve understanding and reporting across your organisation.

Standardise definitions

Improve understanding by standardising, governing and publishing your key business definitions to the applications that need them

Proactively solve issues

By building key business and technical validation into your master data management, we can help identify and resolve key issues before they affect your processes.

Federate Ownership

Empower business areas through federated ownership of master data while enforcing strong corporate standards. This helps different parts of your business adapt to ever changing markets while ensuring group reporting is relevant, efficient and transparent.

Save money and reduce risk

Master Data Management includes processes from creation to disposal. Data Governance creates the rules and adjudication of the operational processes that are executed within those processes. Effective application of these processes will reduces risks and improve efficiency thereby minimising costs.

Unify data and master data

Your master data strategy should be aligned with data strategy. Data makes no sense in isolation. Well defined, documented and standardised master data brings real meaning and real value to your data allowing you to make well considered and qualified decisions. Let us help you understand to align your data and master data strategy.