Find out about the innovations and enhancements in the area of master data governance with SAP S/4HANA 2020 ...
SAP Master Data Governance on SAP S/4HANA is a highly integrated application suite for enterprise master data management that companies can use for various implementation styles and use cases:
Central governance of master data means that you centrally create or change master data in workflow within a staging area in which you complete the data based on business rules and validations and manual expertise from domain experts. Once a master data record has passed the workflow and is finally approved you can distribute it across the enterprise landscape.
Consolidation of master data means that you identify duplicates in de-centrally owned and distributed master data, manage the key-mapping information and obtain the best record for further use in enterprise analytics or downstream business processes
Data quality management enables you to actively track and control the quality of your master data and remediate issues directly from within the application.
Additional capabilities include:
Mass Processing which lets you perform bulk changes in master data based on a governance pattern
Process analytics which help you to track the performance of the master data processing activities with MDG
Deep integration with other SAP applications and openness to 3rd party offerings is also a key differentiator of SAP MDG.
There is extended scope and enhanced process and quality control in consolidation and mass processing of Business Partner and Product data:
Increased process control through authorizations based on process-step level and applicability of a strict 4-eyes principle (meaning that nobody involved in previous process steps can continue to be involved in the upcoming steps of the consolidation run)
Extended data model coverage in Business Partner (Credit Management)
Usage of rules from the data quality management component in the validation and activation steps
Providing high-quality, consistent, supplier master data by enabling end-to-end processes, starting with the request and qualification of a new supplier, continuing with purchasing steps in operational ERP software, and using Master Data Governance hub for optimizing the master-data quality of suppliers includes now:
Best-practice integration scenarios enabling the maintenance of supplier data in SAP Ariba Supplier Lifecycle and Performance (SLP) and SAP Master Data Governance.For a detailed description about how to use SAP Master Data Governance for Supplier and SAP Ariba SLP in different integration scenarios, see the documentation on SAP Help Portal.
This list provides an overview of the innovations that come with S/4HANA 2020 in the area of master data governance. I hope they are beneficial for your business. For an additional view, you may also check the SAP Roadmap Explorer (filtered for SAP Master Data Governance on S/4HANA).
* For the current collection program for SAP Master Data Governance, check this Customer Influence site