Master Data Management

Data and, above all, master data are the basis for the use of new technologies. The consistency of master data and the efficiency of established master data maintenance processes are crucial. Master data is often held and maintained not just in one system, but in several. This leads to inconsistencies and additional costs due to harmonization and cleansing initiatives.

Master data management structures should be created at an early stage so that new technologies can be used in the long term and strategic added value can be derived from data. The basis for this is a jointly defined data strategy to derive your reporting use cases, the required data, the required data attributes, the systems involved and the departments and employees involved. Our aim is to work with you to create a holistic concept that contains both a draft solution for the integration of your system landscape and a data glossary for an overview and deeper understanding of the required data.

With our project management services, we take care of the coordination of your specialist departments during the cleansing, enrichment, harmonization and, if necessary, archiving of your data. We also take care of defining processes for the ongoing maintenance of master data so that the requirements of the data strategy are met.

An implementation project for master data management structures can be divided into three phases. It all starts with the definition of the data strategy. Once this has been defined and it is clear which foundations need to be laid, the development and implementation of a holistic concept for implementing master data management structures in your company begins. Once you have implemented master data management structures in your company, it is important to maintain them. To this end, we work with you to define master data governance structures for ongoing monitoring. These include the necessary framework conditions for creating, monitoring and archiving your master data.