Master Data Management (MDM)
Master Data is Reconciled, enriched, and corrected records essential for trusted business data, enabling accurate reporting and informed decision-making.
What is MDM?
Master Data is a single record of each person, place, or thing in a business, which must be reconciled, enriched, and corrected to become a trusted view of shared, business-critical data. Effective master data management promotes more accurate reporting, eliminating errors caused by bad data and enabling anyone to make better business decisions based on trusted data.
MDM, is a Master Data Management System that helps companies to build reference Customer Data.
Data Processing
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Data is collected from different sources and aggregated in a staging area.
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The record is clearly defined in reference data.
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Validate the record and existing data.
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Do changes on record to provide single truth.
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Track the changes of the Master data.
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Extract the changes to feed target systems.
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