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Master Data Management

What is Master Data Management (MDM)?

Master Data Management (MDM) enables businesses to compile a comprehensive master file of all its critical data which acts as a common point of reference. The master data file can include both analytical and reference data. Analytic data to support business intelligence, and reference that showcases transactions and analysis.

How does Master Data Management help organisations?

MDM streamlines the process of sharing data across multiple departments and personnel. The main advantage of MDM is that it helps to ensure business don’t have inaccurate or duplicate records that could impact business intelligence or reporting. It also helps to drive operational efficiency.

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