SAP MDM
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SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
Key elements of the solution include:
- Centralized creation and maintenance of master data – Companies can ensure governance at the point of authorship and avoid duplication, invalid edits, and non-compliance
- Automated workflows – Standardized and customizable, these automated workflows ensure the right people audit, approve, and manage the master data at the right time
- Compliance and audit support – Maintaining version control and change history improves transparency and helps ensure compliance
- Security and access – Role-based access and device specific setup helps to enforce security and yet, provide the right people with access.
SAP Master Data Governance also comes pre-built with the most common domains for SAP – Customer, Supplier, Material, Financials, Retail, and Technical assets. It also a rich set of domains that customers can implement such as country code, tax code, order type, bank code, currency code, department, channel, activity type, document type, etc.
With SAP Master Data Governance, companies can also implement and manage a federated master data (instead of a centralized one) where different teams own different domains. The central system manages the core while syndicating specific domains to other systems. This model provides flexibility to regional office or product units, while also ensuring central compliance and a single source of truth.
SAP Master Data Governance’s cloud edition goes further by providing a hub-and-spoke federation that can slowly help an organization migrate to a federated approach.
Overall, SAP’s MDM solution meets the goals of data strategy, a critical strength as companies’ data growth explodes.
110 results
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- SAP API Management
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What You Need to Know About MDM-Portal Integration
Reading time: 31 mins
Explore the four methods—MDM Business Package, MDM Web Dynpro Configurator, MDM Web Services, and MDM Java API—from which you can choose to integrate SAP NetWeaver Master Data Management (SAP NetWeaver MDM) and SAP NetWeaver Portal. Learn how and when to implement the integration method that best addresses your business structure, and then take that integration...…
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Master Data Management: An Overview
Reading time: 7 mins
Master Data Management (MDM) is a critical process that helps businesses maintain consistent and high-quality data across various domains such as customer, product, and location information. As businesses increasingly rely on multiple applications and systems like ERP and CRM, the risk of data duplication and inconsistency grows, making it challenging to access accurate and timely…
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4 SAP NetWeaver MDM Implementation Design Challenges Solved
Reading time: 9 mins
Step through four common challenges that pop up during SAP NetWeaver Master Data Management implementations. Discover the ways to mitigate potential problems as well as tips for making optimal design decisions. Key Concept Data Manager is an out-of-the-box user interface delivered with SAP NetWeaver MDM. Experienced administrators with highly technical capabilities use it to manage...…
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Data Quality Strategies for mySAP CRM
Reading time: 28 mins
SAPexpert/CRMMany companies starting CRM initiatives are not satisfied with the resulting customer views, citing distrust of the data in their systems. Data quality strategies help you resolve data issues that distort customer views. Find out tips for preparing, blueprinting, and implementing a solid data quality strategy. Key Concept Identifying inconsistencies and anomalies in your data...…
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American Standard Opens New Markets with SAP NetWeaver MDM
Reading time: 10 mins
ManagementMost Americans immediately recognize American Standard as a foremost brand name in toilets, sinks, faucets, fixtures, and other kitchen and bathroom products. However, the company’s efforts to become a household name in Mexico were hampered by an unreliable Web site and inefficient product data business processes. By building on an ongoing SAP NetWeaver Master Data...…
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Unlocking the Power of Customer Master Data Management
Reading time: 3 mins
This comprehensive guide explores the intricacies of Customer Master Data Management, its critical importance, and how enterprises can implement it to achieve operational excellence and sustained growth.
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An Introduction to SAP Master Data Governance
Reading time: 5 mins
Discover the conceptual architecture of SAP Master Data Governance (MDG) and its capabilities. Learn from a comparison of MDG and SAP NetWeaver Master Data Management (MDM) and then step through a use case scenario of maintained master data with MDG. Key Concept SAP Master Data Governance provides a strong master data governance capability for finance,...…
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The Roles and Responsibilities of Master Data Management Team
Reading time: 4 mins
Imagine your business as a finely tuned orchestra, with each department playing its part in perfect harmony. But what keeps this symphony in sync? That’s where the master data management team (MDM team) comes in. They are the unsung heroes ensuring that everyone is playing from the same sheet of music. Let’s take a closer…
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- SAP Data and Data Management
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Developing a Master Data Management Framework for Successful SAP Migration
Reading time: 3 mins
The primary objective of transitioning to SAP S/4HANA is to achieve a seamless migration while minimizing costs, time, and associated risks. Understanding the core components of the SAP migration framework and the pivotal role of master data management (MDM) is crucial for success. The complexity of SAP modernization is influenced by an organization’s data landscape,…
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Why Trusted Data is the Linchpin of ERP Modernization
Reading time: 9 mins
As businesses grow and evolve, it can be challenging to manage the complex data landscape with a traditional ERP system in place. The data generated by day-to-day business operations has exponentially increased over recent years.
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Chief Architect, The Principal Consulting Inc.
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