Reliable business analytics depend on effective master data management. Find out how it.mds can help you simplify data maintenance.
Proper master data management forms a secure and stable foundation for business processes and decision-making. However, managing data quality and keeping records updated can be extremely time consuming and prone to errors if performed manually.
Moreover, with each new person using or modifying data, the risk of data integrity issues rises. Poor master data quality can result in significant inefficiencies and loss of revenue. To tackle this, we developed it.master data simplified (it.mds) – our effective solution for master data management.
With out-of-the-box functionality and features that facilitate master data maintenance, your company can count on a single version of truth for decision-making. At the same time, automated completeness checks and workflows help eliminate errors and save considerable time and effort.
Kasia Cieszynska Head of Master Data, Statkraft
Thanks to clear business rules and defined responsibilities, it.mds helps you simplify data maintenance and enhance data quality.
Master Data Management needs to be based on central, standardized rules and clearly defined ownership – throughout the entire lifecycle. By harmonizing and synchronizing master data, it.mds minimizes errors, inconsistencies, and data integrity issues.
Instead of complex, technical ERP terms, your users can define company-specific terminology to facilitate quick decisions based solely on business needs. With workflow support and a clear overview of all master data across your business, decision-making is much easier.
With it.mds, over 90 percent of data maintenance tasks can be automated. This not only reduces the risk of human error – it also saves your company significant time and enables your employees to focus on other important business activities.
In addition to improving data quality, it.mds includes an integrated data governance process. This allows you to administer content and processes centrally and establish a framework for data integrity, availability, and usability.
As your organization grows in size, it becomes increasingly difficult to manage the rising volumes of data. it.mds makes your employees’ lives easier with a user-friendly interface displaying only the fields that are relevant to them.
Kenneth Madsen Director Masterdata Products LoB, NTT DATA Business Solutions a/s
Are you struggling with poor data quality and, as a result, with costly, error-prone processes and reporting? Then it is about time to find out more about our own solution – it.mds.
it.mds provides full data transparency and simplifies your processes by managing, consolidating, and harmonizing all master data in one single central, integrated solution.
Did you know that data-related problems cost companies more than $5 million annually? Not necessarily. Profit from simplified data management with our AddOn solution it.mds.
Reliable master data is a business imperative for staying successful in global markets. No matter the size of your organization, our consultants can help you develop efficient processes for master data maintenance and governance. We have implemented it.mds in around 70 companies around the world in a wide variety of industries – helping them keep full control of their data throughout its life cycle.
Sounds interesting? We provide more technical details and product information in regard to scope and requirements in our AddStore. Here, you can also ask for a demo, get in contact with an expert or ask for an offer.
Together with NTT DATA, Sanistål defined how its master data should reflect its business processes and the rules to support that – while harmonizing with data from the rest of its complex system landscape.
Toyota Tsusho is the trading arm of the Toyota Group. It enriches society by creating value by the company as Metals; Global Production Parts; Logistics
Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy.
Are you searching for answers or would like to receive more information about Master Data Management? Do you want more detailed advice from our expert or wish to book one of our it.mds workshops?
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