The Business Value of Master Data

A Mike Ferguson Whitepaper

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Whitepaper: The Business Value of Master

If master data is unmanaged and out of control it will impact business operations. Incomplete and inaccurate data can cause process defects and delays or could even impact sales.

This paper looks at the impact of uncontrolled master data and data anomalies to explain why managing your data effectively is so important. It then looks at what happens if you don’t do anything about data anomalies, which often happens when business professionals don’t understand why data management is relevant to their job.

We then discuss how to go about managing and governing data to deliver business value by first creating a data strategy, defining key requirements and placing master data at the centre of the strategy.

Download this paper to read how to maximize business value from master data and how MDM can be integrated into existing operational and analytical environments.

Related resources

Webinar – The Business Value of Master Data

By Mike Ferguson, Intelligent Business Strategies

Watch this presentation for an expert’s view on how to define and measure the business value of managing this data. Learn about creating a data strategy, defining key requirements and placing master data at the centre of it. Industry expert Mike Ferguson recommends actions to maximize the business value you can derive from your master data.