Master Data Management

Master data management gives you a single, unified and accurate view of any and all enterprise information

Of all the factors that drive your company’s success, customers and products are at the top of the list. To increase revenue, it is critical to know who your customers are, what they purchase and how to sell them more products. You can mitigate risk by knowing your supply chain is functioning optimally. And you need to know what you’re spending on materials across all business units to control costs.

The reality most organizations face is that customer data is spread across multiple databases, accurate supply chain data is hampered by competing standards and formats, and overall materials spending is impossible without accurate data on what each business unit is purchasing. To address these issues, organizations need to build a single, accurate view of enterprise data.

Master Data Management - One, True View

Master data management (MDM) is the creation of a single, accurate and unified view of corporate data, integrating information from various data sources into one master record. This master reference data is then used to feed information back to the applications, creating a consistent view of information across the enterprise.

The insights offered by master data management allow companies to:

• Increase productivity
• Improve revenue generation
• Reduce risk
• Enhance customer relationships

Master Data Management Built on Data Quality

DataFlux provides MDM solutions based on data quality. The innovative DataFlux approach ensures that data is cleansed, deduplicated and enhanced before it is integrated into the master repository. As you can see in this webcast The Six Key Ingredients for Master Data Management Success, ensuring that high-quality data is used to create master data is one of the ways DataFlux enables your organization to have a more accurate and useful view of data across the enterprise. DataFlux MDM solutions provide your organization with greater insight into opportunities for improvement and more immediate warning of potential risks.

DataFlux Solutions for Master Data Management

DataFlux technology provides the ability to build detailed data quality and data integration routines to standardize, match and enhance data as information moves into the master reference file.