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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
Tips to Attain Faster Stabilization with S/4HANA Production Execution ImplementationOct 28, 2022 — Most S/4 implementations could expect a period of stabilization before all users adapt to the new system. While this may vary widely across S/4HANA implementations due to industry, process complexities, and organization culture, among other things, everyone can gain tips from another company’s implementations journey. An effective and efficient people and process design is critical to attain business goals. These insights can help determine how to best leverage these lessons to reduce their own post implementation difficulties for faster stabilization.
One of the most common reasons why implementations take more time for stabilization is attributed to designs focused on technical aspects without considerations of after go-live data maintenance, people, and processing. Few of the processes and people related modifications that could be of value in Production Planning and Execution are summarized based on a medium level engineering industry manufacturing company implementation.
8 minute read
SAP NetWeaver 7.0 Upgrades: A Project Manager’s Point of ViewMay 15, 2009 — Project managers need to make scope decisions, determine resource needs, and define schedules regarding SAP NetWeaver 7.0 upgrades. Learn how to achieve those goals using the information presented here that is based on SAP-recommended Best Practices and the experience of the author. Key Concept Scope in the area of project management is the breakdown of […]
20 minute read
5 Considerations for Upgrading Your PortalNov 22, 2011 — Many enterprises are upgrading their portals to SAP NetWeaver 7.3. Look at five elements to consider when making the decision to upgrade your portal. Key Concept SAP NetWeaver Portal 7.3 is the latest version of the portal. It includes several new features, including an improved look and feel, better development and enhancement options, and newer […]
7 minute read
Web Channel Experience Management – The New Way to Do E-CommerceJun 13, 2012 — SAP Web Channel Experience Management allows businesses to turn the Internet into a sales and interaction channel. It does this by providing a common platform that supports multichannel self-service interactions across e-commerce, e-marketing, and e-service. This new SAP offering should eventually replace the older SAP ERP Central Component and CRM Internet Sales solutions. Key Concept […]
8 minute read
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 […]
2 minute read
Accelerate Your Executions by Using jQuery in SAP NetWeaver Portal ComponentsMar 7, 2011 — SAP and the latest user interface (UI) technologies are progressing by leaps and bounds, but parallel to each other. Their roadmap hardly intersects. SAP is extremely strong in its business process mapping and availability of process-centric applications. On the other hand, the latest UI technologies (such as jQuery, Ajax, and data exchange technologies like JavaScript […]
15 minute read
A Quick and Easy Guide to Enhancing External List ManagementAug 15, 2008 — See how easily you can enhance External List Management transactions to incorporate virtually any additional requirements to the objects it was designed to process, such as business partners. With just four steps you can customize External List Management to meet your needs. Key Concept External List Management (ELM) is an SAP CRM functionality that allows […]
15 minute read
Best Practices in SAP BusinessObjects Data Services Data Flow and Job DesignFeb 4, 2011 — Review these best practices in developing a data flow and understand the importance of reusability in SAP BusinessObjects Data Services job design. When constructing a good data flow, it is important to minimize the effort by thinking in terms of reusability up front in the design process. Considering the code as a reusable object is […]
9 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
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