Data Governance for single source ERP/EAM systems
The number of data governance solutions available in the market is increasing every day, and most of them do a decent job of keeping your data clean on an ongoing basis. However, have you ever wondered if you really need the benefits and flexibility provided by a product that is designed to handle data from multiple ERP systems, if you and your organization deal with just one system? The short answer is ‘No’, and this blog post will tell you why.
Difference between multiple source systems and single source system
Well, the obvious difference is that one utilizes data from multiple sources while the other uses just one system (duh!). But there are a couple of differences deeper than that. Let us see what they are –
- Single source system means uniform taxonomy – This is probably the biggest point to keep in mind. If you have a single source ERP, all your data will (in almost all cases) be stored using the same taxonomy. This is a big difference compared to a multi-source system as the job of the material master data management and data governance tools becomes much simpler.
- Workflow is standardized – This might seem like a small point but can make a big difference in the long term. With a single source the workflow for creating new items becomes standardized as there is rarely any need of creating exceptions.
The two differences mentioned above make it clear that there is need to treat single source and multiple source ERP/EAM systems differently, especially when we are talking about implementing a data governance program. Using a generic tool designed for multi-source systems in a scenario with a single source is akin to trying to use a cannon to swat a fly – the work might be done, but the method is inefficient and wasteful.
In the current market of data governance tools, Verdantis is the only company offering a solution specifically for single source ERP/EAM systems – Integrity One. The new software adds to the best-of-breed software suite that includes Verdantis Harmonize (Self-service Material Data Quality Improvement) and Verdantis Integrity Enterprise (Material Data Governance for multiple source systems). These material domain-focussed solutions leverage AI-based components which preclude lengthy implementations and writing of business rules.
Further Reading –
Latest posts by Vipul Aroh (see all)
- Key Takeaways from our Webinar – Strategically Manage Data Quality in an ERP rollout - November 4, 2015
- Boosting the ROI of an ERP project – Part I - August 31, 2015
- Master Data Quality Improvement – Adding to your EAM Implementation ROI - July 29, 2015