Reference data is the lifeblood of an organization but inconsistencies across business units or systems can lead to inefficient processes and inaccurate analytics. Most organizations understand the importance of consistent reference data but struggle to ensure consistency and to police compliance to a central reference data standard. Master reference data makes operational data more accurate, simplifies synchronization and migration projects and improves effectiveness of MDM.
Creating master reference data can be very simple. Typically, an organization will start small and then grow the master as acceptance spreads throughout the organizations. This white paper presents some key considerations for creating a reference data master. Follow the link to learn more.
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