In our previous blog post, we talked about the impact of lack of data visibility during an ERP implementation. Today, we will discuss how an MMDM solution helps drive greater benefits from an ERP project. Let us explore why MMDM should be a part of the ERP blueprint:
Last week, we had a glimpse at an ERP implementation/consolidation project and why data visibility is an important component of it. This week we’ll see what happens when an important system like ERP is implemented without ensuring proper data management. A company’s master data is one of the key assets
Enterprise Resource Planning (ERP) spans across the different operating functions of an enterprise and its focus is to help the enterprise make the right business decisions. A critical factor in this regard is getting clear visibility into the business and all data associated with it, both past and present. When
Verdantis has been working with Global 1000 companies to help them manage their Material Master Data and reap hard-dollar benefits for over a dozen years now. The journey has not always been easy, but has certainly been an instructive one. Our upcoming webinar – “Material MDM – All Your Questions
Once the organization has designated who will own the data and understands the unique nature of material master data, it’s time to decide who will manage it all. In this post, we will explain who the data steward — or stewards — should be. Even in the field of
Last week we covered one of our favorite subjects —the centrality and criticality of master data and who owns it within the enterprise. It’s a complex topic that deserves more attention. We’ll now dig deeper into the types of master data and focus on one specific kind — the
In the first part of this series of blog posts, we talked about how a small error in data can lead to serious issues. We learned about the different ways such errors can affect data quality. Now is the time to learn how to avoid these errors and minimize
Let us start today with a definition – ‘The sensitive dependence on initial conditions in which a small change in one state of a deterministic nonlinear system can result in large differences in a later state.’ Do you know what I am talking about? While the definition might be
Carpe Diem, or seize the day, is a prevalent motto especially where business houses and companies are concerned. New ideas and approaches are looming large on the corporate and financial transaction oriented landscape and embracing such change is essential for corporates to stay at the top of their game.
“When the going gets tough, the tough get going.” In the business world, every day presents new opportunities. We see new ideas, new horizons and a fresher approach to the world of financial and corporate transactions. Change is constant, but change is always welcome, if you’ve readied yourself
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