Reliable business analytics depend on effective master data management. Find out how it.mds can help you simplify data maintenance.
Proper master data management forms a secure and stable foundation for business processes and decision making. However, managing data quality and keeping records updated can be extremely time-consuming and prone to errors if performed manually.
Moreover, with each new person that uses or modifies data, the risk of data integrity issues rises. Poor quality master data can result in significant inefficiencies and loss of revenue. To tackle this, we developed it.master data simplified (it.mds) – our effective solution for master data management.
With out-of-the-box functionality and features that facilitate master data maintenance, your company can count on a single version of truth for decision making. At the same time, automated completeness checks and workflows help eliminate errors and save considerable time and effort.
Thanks to clear business rules and defined responsibilities, it.mds helps you simplify data maintenance and enhance data quality.
Master data management needs to be based on central, standardised rules and clearly defined ownership – throughout the entire lifecycle. By harmonising and synchronising master data, it.mds minimises errors, inconsistencies, and data integrity issues.
Instead of complex, technical ERP terms, your users can define company-specific terminology to facilitate quick decisions based solely on business needs. With workflow support and a clear overview of all master data across your business, decision making is much easier.
With it.mds, over 90 percent of data maintenance tasks can be automated. This not only reduces the risk of human error; it also saves your company significant time and enables your employees to focus on other important business activities.
In addition to improving data quality, it.mds includes an integrated data governance process. This allows you to administer content and processes centrally and establish a framework for data integrity, availability, and usability.
As your organization grows in size, it becomes increasingly difficult to manage the rising volumes of data. it.mds makes your employees’ lives easier with a user-friendly interface that displays only the fields that are really relevant to them.
Are you struggling with poor data quality and, as a result, with costly, error-prone processes and reporting? Then it is high time to find out about our self-developed solution it.mds.
it.mds provides full data transparency and simplifies your processes by managing, consolidating, and harmonising all master data in one single central, integrated solution.
Automated governance and simplified maintenance processes pave the way to gaining long-term business value from master data. By significantly reducing manual keystrokes, it.mds can save businesses thousands of working hours a year.
Reliable master data is a business imperative for staying successful in global markets. No matter the size of your organisation, our consultants can help you develop efficient processes for master data maintenance and governance. We have implemented it.mds at around 60 companies around the world in a wide variety of industries – helping them keep full control of their data throughout its lifecycle.
it.mds provides the transparency we need. The improvement in data quality alone gives us a healthy boost in productivity, because we avoid process backtracking and the waste that errors bring.
Did you know that data-related problems cost companies more than $5 million annually? Not necessarily. Profit from simplified data management with our AddOn solution it.mds.Download now
itelligence blog post about the importance of correct master data and how to ensure highest data quality through automation, central data governance, and simplified master data maintenance.
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