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Master Data Management

Source: Skura Corp
It’s common to hear that master data management (MDM) projects are difficult to initiate. But pairing up an MDM project with another initiative already on your organization’s priority list might be easier than you think. Find out some of the basics surrounding MDM itself, including what MDM can refer to, as well as how to couple it with other projects that may already have momentum in your organization.


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Benefits of Using a Master Data Management System
Source: Polymita Technologies Master data management (MDM) comprises a set of processes and tools that define and manage the non-transactional data entities of an organization (also called reference data). MDM provides processes for consolidation, quality assurance, and distribution of such data throughout a company to ensure consistency and control in the ongoing maintenance and use of this information. Discover the benefits of an MDM system. Read More...
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Source: Initiate Systems, Inc. Inadequate data management, the result of a system that hasn’t been properly integrated—or that can’t be integrated—has serious ramifications on customer management and service, especially in financial services and health care. Master data management (MDM) solutions allow key customer data integration. Accuracy is one of the four elements vital to the success of MDM. Before implementation, learn about the other three. Read More...
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Source: Initiate Systems, Inc. Have you ever received a call from your existing long-distance phone company asking you to switch to its service and wondered why they are calling? Chances are the integrity of its data is so poor that the company has no idea who many of its customers are. The fact is, many businesses suffer from this same problem. The solution: implement a master data management (MDM) system that uses an accurate data matching process. Read More...

 
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