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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.
116 results
Conditional Execution: Prevent Incorrect Data in Transactional Data LoadsJun 1, 2008 — See how you can use conditional execution in your process chains to halt additional transactional data loads when you have outdated master data. Key Concept In SAP NetWeaver BI 7.0, the data transfer process (DTP) supports error handling for DataStore objects. The system sorts failed data load records and writes them to a temporary request- […]
11 minute read
Conditional Execution: One Process Chain Does the Work of TwoMar 1, 2008 — With a few steps you can simplify process chain maintenance by combining two processes into one process chain. The system determines which process to carry out based on conditional execution. Learn the four steps you need to take to use conditional execution with a process chain. Key Concept Conditional execution of a process chain using […]
7 minute read
5 Tips for a Successful Global Data Warehouse ProjectJul 1, 2006 — Establishing a global enterprise data warehouse (EDW) can involve many unique challenges. Recognizing and negotiating these challenges can yield a global EDW with benefits to the entire organization. Key Concept To standardize data gathering and make data more visible across the organization, companies often create an enterprise data warehouse (EDW) to perform global reporting. This […]
26 minute read
End Language Compatibility Problems with UnicodeOct 15, 2005 — To be a globally competitive company, you need rapid access to critical data in a wide variety of formats and languages. Learn how Unicode makes this possible in your SAP ERP system, and gain an understanding of its technical requirements and restrictions. Key Concept In the past, hundreds of different and sometimes conflicting encoding systems […]
72 minute read
Statutory Requirements Compliance: Are You Ready for China?Jan 15, 2005 — Prior to rolling out an R/3 system to China, a company needs to answer the question, “What statutory compliances does China require and how do I make sure the R/3 FI/CO implementation meets these requirements?” The author shares her experience from consulting on a dozen China rollouts in multiple industries, including two in 2004. She […]
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Globalizing Applications Part 1: Pre-Unicode SolutionsSep 15, 2001 — As Internet access spreads, costs decrease, and the online population extends to all corners of the globe, additional demands will be placed on developers, who have to consider language issues when they write programs, on system administrators, who have to maintain larger, global networks, and also on managers, who have to stay on top of […]
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