With master data management (MDM), companies are continually seeking ways to bolster their business processes. From efficient communication and strategic planning to dynamic execution and thoughtful analysis - every operational aspect heavily depends on high quality master data. These enhanced procedures are essential across various business segments, including supply chains, mergers and acquisitions, and resource planning.
SAP Master Data Governance (MDG) solution has emerged as a comprehensive tool providing enterprises with a unified, trusted view of their business-critical master data, which fosters improved efficiency and encourages strategic decision-making based on high quality data.
A key feature of the SAP MDG solution is its emphasis on automation, employing attribute prediction, AI, data quality services, and third-party data providers. These automated processes efficiently collect, check, and classify data, minimizing human intervention. This results in a significant increase in both data quality and productivity, enhancing the overall efficiency of the organization.
SAP Master Data Governance Automation Features Overview Video - Click to Play
Traditionally, data entry was a labor-intensive process requiring manual input. However, with SAP Master Data Governance, users can conveniently use the 'Lookup and Create' feature to fetch data automatically from trusted external sources, like
CDQ. Data provider integration substantially reduces the risk of human errors and saves valuable time.
In the quest to achieve the highest feasible location data quality, companies are turning to
SAP Data Quality Management, microservices for location data. The pre-built integration with SAP MDG equips businesses to validate, standardize and enhance customer and supplier address information effortlessly, thus avoiding expensive and time-consuming validation chores, and significantly enriching address information.
The system also offers another key automated feature – attribute prediction. Using derivation rules, this functionality enables automatic creation of related data attributes. SAP MDG's no code/low code approach reduces effort and errors, preserving the integrity of high-quality data.
In conclusion, SAP Master Data Governance is transforming the master data management by enhancing automation, ensuring data integrity, and boosting productivity. With advancements like automated lookup and create features, data validation and attribute prediction, SAP MDG is ideally equipped to meet the master data quality requirements for the intelligent enterprise.
To learn more about these features, check out the following related resources:
- Data provider integration (blog)
- SAP Data Quality Management, microservices for location data (sap.com | SAP Store)
- SAP MDG derivation rules (blog)