• Master Data Management MDM
  • Master Data Management MDM
Master Data Management
Challenges

Accurate data is the lifeblood of innovation and market success. “Multiple versions of the truth” are likely to lead to inefficient business operations, ineffective decision-making, inaccurate forecasting, an inability to adhere to regulatory guidelines, and other issues that can hinder business performance, drain resources, and minimize competitive advantage.

Solution

SAVIS’s Master data management (MDM) consists of practices, processes, and technologies for ensuring the accuracy, completeness, timeliness, and consistency of master data – across multiple systems, functional areas, and even organizations.

SAVIS’s Master Data Management (MDM) solutions provide a 360-degree view of your entire business rather than just a single domain in it. This helps achieve customer centric objectives and business results.

The primary goal of SAVIS MDM is to create a single, accurate, and consistent reference point for all common data elements (e.g., products, customers, vendors, employees, hierarchies) across the many information systems and sources a business maintains. Without master data management, companies may experience countless problems.

MDM is not just about match and merge. Your success relies heavily on comprehensiveness of the solution

  • Ability to acquire the data quickly, whether it is on-premises, in the cloud, and from third-party sources
  • Ability to understand the patterns and vitiations and suggest required corrections
  • Allow you to easily enrich master data from external data providers
  • Securely deliver data for both analytical and operational use case
  • Provide a well-built internal user authentication management protocol to ensure the user or application is a valid before providing access to the data
  • Integrate existing systems of organization: file transfer, scan virus, backup…
  • Contain a Restful API – an application program interface (API) that uses HTTP requests to get, put, post and delete data
Benefits
  • By incorporating unstructured and external data from diverse sources, build and manage a trusted view. Establish a single trusted view of data across various systems and hybrid environments for better governance, analytics and decision-making
  • Retain customer’s most valuable customers and boost operational performance by improving information accuracy and data exchange within and beyond the enterprise
  • Get clean, consistent and timely information for big data projects, data warehousing, and governance initiatives
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