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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.
102 results
Provide More Efficient Master Data Management Integration with SAP’s New Mass Interfaces and Extractor ProgramsJul 15, 2008 — Enterprise service-oriented architecture (enterprise SOA) requires that you update your approach to building applications that use master data objects, such as customer or vendor data, especially in terms of integration with SAP NetWeaver Master Data Management (SAP NetWeaver MDM) or other MDM tools. SAP has introduced mass message interfaces for transferring master data, as well […]
2 minute read
Five Keys to a Successful Unicode ConversionSep 15, 2008 — ManagementFor companies that support multiple double-byte languages such as Japanese, Korean, and Chinese in their SAP systems, upgrading to Unicode presents a multitude of challenges. In this case study, we show you how a large electronics manufacturer was able to meet this challenge and share the company’s five keys for success. As the world’s second-largest […]
7 minute read
Get Smart: What You Need to Know About SAP and BusinessObjects BI ToolsJan 1, 2009 — Along with similar moves by Oracle and IBM, SAP’s acquisition of BusinessObjects has completely realigned the marketplace for business intelligence on an SAP ERP system. Find out why SAP made its move — and what the experts say you should be doing to prepare for the fallout. SAP’s $6.8 billion purchase of BusinessObjects last January […]
9 minute read
SAP Mobile Start – Your Native Entry Point to the Intelligent EnterpriseJan 20, 2023 — Working styles have drastically changed, and mobile is now a critical driver for process innovation. Business processes are increasingly automated, and decision-making is quicker and independent of physical presence in an office or at a desk. Mobile is the new business reality. Relevant business content, apps, and tasks need to be intuitively accessible in one place—anywhere and anytime. This includes staying informed, taking action, and being able to dive into work no matter where one is or what time of the day it is. This experience must feel personal, relevant, and frictionless across all devices, just as one would expect from using apps in their private lives. This article focuses on how SAP Mobile Start addresses these needs, offers the relevant mobile content like tasks, apps, or news, and ensures that one never misses an important business event or workflow.
5 minute read
Get a Single View of the Customer by Linking Customer Master Duplicates in SAP CRMNov 30, 2011 — When your SAP CRM system has to account for a customer master that has duplicates, an approach based on linking master data records can provide you with a single view of this data. For example, Customer XYZ exists in the system as XYZ1 and XYZ2, and transactions or installed base products are scattered between the […]
13 minute read
How Companies Use Service Management to Increase Revenue and Retain CustomersJun 3, 2009 — Find out how companies are using different service delivery models — including service contracts and product service letters — to transform their service processes to maximize service revenues. In addition, take a look at service billing using CRM Billing and contract entitlements before and after service is provided. Key Concept Service order management allows users […]
17 minute read
6 Tips for Improving Reporting GovernanceSep 24, 2009 — Make sure your reporting is accurate by following these six surefire tips for reporting governance. Key Concept The term SAP reports can be rather confusing because in SAP lingo, the term “reports” is applied in general to SAP programs. The context of this article is the traditional understanding of this term — an application or […]
12 minute read
Steps to Defining the Right Mobile Strategy and OrganizationNov 11, 2013 — The world is changing rapidly with the onset of mobility and many companies want to take the jump into using what has the potential to be a very valuable technology. However, before acting, it is important to have all the resources needed, a complete strategy, and the ability to make informed decisions. This is a […]
13 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 […]
19 minute read
Save Time and Money in the Interaction Center with Address Validation and Duplicate CheckAug 20, 2010 — One of the most common — and most costly — issues facing large organizations today is keeping customer master data accurate and clean. Duplicate customer records and other dirty data produce a fragmented view of the customer and can cost organizations millions of dollars annually. Learn how to enable address validation and duplicate checks in […]
8 minute read
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