Difference between Consolidation, Harmonization and Central master data man

[#1]

Hi ..Expertise

Consolidation is use to identify duplicate records and merge them into one record.

Harmonization is the process of pushing the new cleansed data back out to your partner systems.

Central master data management means you create records within MDM and then you distribute (Syndicate) this centrally created data to your Remote Systems.

My Question is her after Consolidation both Harmonization and Central master data management is doing the same thing i.e. sending the clean data to the other system. What is the difference between these two? Please explain me with an example or scenario..

[Former Member]

Hi Yugandhar

My Question is her after Consolidation both Harmonization and Central master data management is doing the same thing i.e. sending the clean data to the other system. What is the difference between these two? Please explain me with an example or scenario..

to add to other replies: CMDM means creating new records and modifying records in MDM which can be done via workflow(Approval or Business data governance) and all this can be done using a thin client like Enterprise Portal. Imagine a master data entity with say huge no(100k) records and any new record being added or modified need to follow business steps for approval before getting streamlined. Here CMDM along with Portal will come handy.

hope this helped.

regards

Ravi Kumar