| Category: Master Data Management
| Published: June 2014
Reference data is the lifeblood of an organisation but inconsistencies across business units or systems can lead to inefficient processes and inaccurate analytics.
Most organisations 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 synchronisation and migration projects and improves effectiveness of MDM.
Creating master reference data can be very simple. Typically, an organisation will start small and then grow the master as acceptance spreads throughout the organisations. This white paper presents some key considerations for creating a master reference data.
Rating: + 6
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