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The million dollar question that rules every ERP Implementation, Up-gradation or Consolidation project is whether to worry about a Master Data Management solution or not? After all, isn’t a brand new multi-million dollar ERP system supposed to take care of all your problems anyway?
But, most organizations fail to note that because of the complex enterprise data web that ERP functions in, the true potential of your ERP system is unlocked only when it is coupled with Master Data Management. As organizations continue to span boundaries, function with a multitude of ERPs and instances, spread across different regions, coupled with a vibrant variety of service providers and periodic versions, integration of internal and external management information across an entire global organization becomes the biggest challenge, even with the latest ERP technology.
ERP and MDM need to co-exist together so as to maintain a consistent enterprise data, consolidate it across global boundaries, make it available in a business ready and actionable format to accelerate managerial & business user decisions to drive greater organizational returns.
This exclusive whitepaper attempts to answer this great dilemma: Master data management before or after ERP. Read on to find out, also:
- Why is MDM necessary and how it helps tackle data issues such as Data Quality, Data Governance, etc.
- Why should an ERP Implementation be accompanied with Master Data Management
- Emerging Trends in MDM market.
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