A unified, trusted view of your business enables you to work more efficiently and make better decisions. The SAP Master Data Governance application helps you pull together master data and manage it centrally using a master data management layer based on SAP Business Technology Platform.
SAP Master Data Governance on SAP S/4HANA
Establish a cohesive and harmonized master data management strategy across your domains to simplify enterprise data management, increase data accuracy, and reduce total cost of ownership.
SAP Master Data Governance earned their Top Rated awards as a direct result of user feedback on TrustRadius. SAP Master Data Governance's reviewers love the product's bulk data loading features, workflow automation tools, and auditing capabilities. Megan Headley, Vice President of Research at TrustRadius
SAP Master Data Governance is a powerful solution that enables the implementation of advanced master data automation.
Frequently Asked Questions for SAP Master Data Governance
Master data management is the discipline of creating one trusted master reference (a single version of the truth) for all important business data, such as product data, customer data, asset data, finance data, and more. MDM helps ensure businesses don’t use multiple, potentially inconsistent versions of data in different parts of business, including processes, operations, and analytics and reporting. The three key pillars to effective MDM include: data consolidation, data governance, and data quality management.
The purpose of master data integration is to distribute master data to enable a harmonized view of master data across all applications. Master data integration allows for end-to-end process integration across the enterprise. Master data integration does not change the quality of master data, but always distributes master data in its current state. Instead, integration provides a distribution layer that gives your line-of-business applications a consistent view of data. Ultimately, a master data integration should increase the effectiveness and reduce the cost and effort of data sharing.
After your move to S/4HANA, many business processes will be familiar to you from your existing ERP system; but you will also be implementing new, more automated processes to match the demands of the digital marketplace. You may find yourself implementing processes for automatic replacement of parts inventory, IoT processes, really – the skies the limit. These processes will rely more heavily on clean and correct master data, and if your master data is not up to the task, you will lose much of the value of SAP S/4HANA. To avoid this, we recommended that you curate your master data early and well before the actual implementation begins. The SAP Master Data Governance application offers in-built integration to SAP’s data model and underlying technologies (for example, SAP Business Workflow), and helps you consolidate and actively govern master data for SAP and non-SAP applications.