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SAP NetWeaver MDM Enabler of A Master Data Strategy
SAP NetWeaver MDM Enabler of A Master Data Strategy
Understand the key components of a Master Data Strategy. Understand the level of effort and resources needed to engage in a Master Data Strategy. How SAP NetWeaver MDM can facilitate your Master Data Strategy.
Master data is mission-critical information that needs to be shared seamlessly across functional boundaries to allow an organization to operate efficiently. Some examples of master data include: Customer Product Vendor General Ledger/ Chart of Accounts Most companies have an assortment of IT applications to serve various business needs and this results in an IT landscape with disparate systems. Silo information
E nd U ser A ccess
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Financials A pplication
R eporting A pplication
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Master Data Pain Points Central point of access/maintenance and control. Several iterations to manage, create and change master data. Disparate systems holding different attribute information. Information is not up to date. Long cycle times to manage information. Difficult for master data owners to consolidate and make informed decisions.