SAP MDM
SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
SAP MDM – Governance as Key to MDM success
In an era where data analytics drives the revenue bus for all companies, a reliable single source of truth of company data is mandatory. Companies recognize the criticality of having reliable and comprehensive master data.
SAP Master Data Governance is a solution built on SAP Business Technology Platform. It pulls together master data organization-wide and manage it centrally to provide a united, trusted view into the business. It comes as a cloud and on-premise version, and supports all master data domains and implementation styles with pre-built data models, business rules, workflows, and user interfaces. As one would expect from any SAP product today, it also connects to a wide variety of SAP and non-SAP software through interfaces. Read this article on the improvements SAP has done in its Master data capabilities – An Introduction to SAP Master Data Governance.
Key elements of the solution include:
- Centralized creation and maintenance of master data – Companies can ensure governance at the point of authorship and avoid duplication, invalid edits, and non-compliance
- Automated workflows – Standardized and customizable, these automated workflows ensure the right people audit, approve, and manage the master data at the right time
- Compliance and audit support – Maintaining version control and change history improves transparency and helps ensure compliance
- Security and access – Role-based access and device specific setup helps to enforce security and yet, provide the right people with access.
SAP Master Data Governance also comes pre-built with the most common domains for SAP – Customer, Supplier, Material, Financials, Retail, and Technical assets. It also a rich set of domains that customers can implement such as country code, tax code, order type, bank code, currency code, department, channel, activity type, document type, etc.
With SAP Master Data Governance, companies can also implement and manage a federated master data (instead of a centralized one) where different teams own different domains. The central system manages the core while syndicating specific domains to other systems. This model provides flexibility to regional office or product units, while also ensuring central compliance and a single source of truth.
SAP Master Data Governance’s cloud edition goes further by providing a hub-and-spoke federation that can slowly help an organization migrate to a federated approach.
Overall, SAP’s MDM solution meets the goals of data strategy, a critical strength as companies’ data growth explodes.
581 results
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Implement an ITIL Employee Service Desk with IC WebClient
Find out how you can use Interaction Center (IC) WebClient to support an Information Technology Infrastructure Library Service Management implementation. The author walks you through the typical 10-step incident management process and shows how you can customize IC WebClient to handle these steps. Key Concept IT Service Management (ITSM) and Information Technology Infrastructure Library (ITIL)...…
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Discover the Time-Dependent Depreciation Parameters of the New Depreciation Calculation in mySAP ERP 2005
As of mySAP ERP 2005, SAP has delivered a new depreciation calculation in Asset Accounting. This algorithm introduces new depreciation concepts as well as new functionality — period interval-based parameters and time-dependent depreciation parameters. Key Concept The new depreciation calculation available with mySAP ERP 2005 is 100% compatible with the older one. No configuration changes...…
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Simplify Segment Reporting with the New General Ledger
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Assess SAPConsole Mobile Computing Benefits in Your Distribution Operations with a Performance Audit
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Analysis Process Designer 101: How to Perform Complex Data Analysis Easily
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Control Disaggregation Using a Proportional Factor for Consistent Planning in SAP APO
Learn the configuration, use, and importance of proportional factors. See how they can be used to control the disaggregation of values in SAP Advanced Planning and Optimization (SAP APO) Demand Planning (DP). Follow a step-by-step procedure to configure and run the associated master data objects, run simulations, and interpret the results. Key Concept Demand Planning...…
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How to Manage a Distribution Plan in a Supply Chain Model in SAP APO When Supply Exceeds Demand
Learn the process flow and understand the various strategies you can use to carry out deployment of supply elements (receipts) in SAP Advanced Planning and Optimization (SAP APO) when the total supply is greater than the available demand. Key Concept Deployment basically determines which distribution requirements can be met by the supply (receipt elements). Deployment...…
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SAP ERP 6.0 EHP 5 Installation: Tips, Tricks, and Lessons Learned
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SAPinsider Announces Exclusive Partnership with Paul Kurchina
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Inside Verizon’s Transformation
Verizon recently underwent a significant transformation, aligning its corporate structure and modernizing technologies. Following her keynote speech at SAPinsider Vegas 2023, Verizon Global Technology Solutions’ Jane Connell, SVP and CIO of Corporate Systems, gave an exclusive interview to SAPinsider. Connell addressed how she made her company’s transformation a success, the tough decisions she and the…
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