Master Data Management
Master Data Management
Have simple and quality data in every unit of your company.
Have simple and quality data in every unit of your company.
Ensuring company-wide and consistent master data quality at large organizations is complex. As acquired companies, regional units and country units use heterogeneous and only partly harmonized ERP systems. This leads to duplicate master data for material, customer and supplier and results in non-unique material numbers, high process costs, double postings or compliance risks. KPMG manages initiatives below to prevent negative impacts of master data management initatives on the economy and timing for the enterprise;
- Data cleaning: Performing content harmonization and cleansing (e.g. elimination of duplicates)
- Process enhancement: Implementing clear master data maintenance processes (e.g. automated mapping rules and quality checks) for master data creation and change
- Data governance: Establishing master data governance and ownership (e.g. design of roles)
- System enhancement: Evaluating and implementing master data management systems
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