Master Data Management

Deliver a single, unified and accurate view of enterprise information

Of all the factors that drive an organization’s success, customers and products are at the top of the list. To increase revenue, it’s critical to know who your customers are, what they purchase and how to sell more to them. And you need to know what you’re spending on materials across all business units to control costs.

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 data is then used to feed information back to the applications, creating a consistent view of information across the enterprise.

The insights offered by MDM allow companies to:

• Improve revenue generation
• Reduce risk
• Enhance customer relationships
• Uncover opportunities to maximize spend

As the capacity to collect and use data continues to expand, so does the complexity of managing that data. Data can be a company's greatest asset – the knowledge gained from product, customer or any other type of data can enhance relationships, streamline operations and improve effectiveness. But to unlock this knowledge, your organization must first unlock the potential of your data.

MDM lets you harness this potential of your data, letting you:

• Work from a consistent unified view of all corporate data
• Make more informed, predictive decisions
• Provide everyone in your organization with the data they need, when it's needed

Master Data Management Built on Data Quality

MDM integrates information from existing data sources, consolidating these sources into a master reference file, which then feeds information back to the sources, creating accurate and consistent data across the enterprise. MDM allows for consistent, reliable data to feed every operational application, helping end users access the right data about customers, products, suppliers and finances at the right time.

DataFlux provides MDM solutions based on data quality. The innovative approach of DataFlux MDM software focuses on delivering cleansed, de-duplicated and enhanced data before it is integrated into the master repository. By enabling a phased approach, organizations can move from project-level data quality and data integration to full-scale MDM deployments, all using the same data management platform.

• Identify and centralize key core reference data
• Build a shared data repository from accurate data
• Manage master reference data in a shared repository
• Manage metadata as an accessible, cataloged resource
• Enable enterprisewide data governance