Master Data Fuels the Intelligent Enterprise

Learn why intelligent enterprises are moving to automated, centralized maintenance of financial master data. See how SAP Master Data Governance can help your organization consolidate and govern your master data across the enterprise system landscape, enabling faster financial closes, reliable reporting, and enhanced data governance. Завантажити документ

SAP Solutions for Enterprise Information Management |SAP Master Data GovernanceMaster data fuels theintelligent enterprise
2 | 11Tableof contents3 Achieve information excellencethrough master data governance4 Master data consolidation andcentral governance5 Replication and syndication6 Data and process qualitymanagement7 Multidomain, multivector masterdata management9 Federated master data governance10 Realizing the benefits
3 | 11Master Data Fuels the Intelligent EnterpriseAchieve information excellence through masterdata governanceConsistent master data fuels operationalexcellence. Clean master data helps ensure thatclient applications collect and deliver complete,accurate transactional data to construct a360-degree view of each domain. Trusted masterdata fuels cross-functional analytics that driveperformance management and business decisionmaking. Integration of master data, with high-volume unstructured data and machine data, iscritical to understanding real-world performanceand opportunity. Audit trails of financial dataacross functional boundaries support compliancewith government and industry regulations.Data control and managementThe SAP Master Data Governance applicationprovides ready-to-run, domain-specific, masterdata governance, so you can locally own andconsolidate or centrally create, change, anddistribute master data across your enterprisesystem landscape. Tight integration with otherSAP solutions in a suite-based approachsupports the reuse of data models, businesslogic, and validation frameworks. And theapplication makes possible open integration tothird-party products and services in your diversetechnology stack, while offering a cloud editionfor hybrid and cloud systems.Market leaders are moving to digital business to capture emerging opportunitiesin real time. Intelligent enterprises use their data assets effectively to achieve thedesired outcomes faster―and with less risk. To regulate the lifeblood of a new ITlandscape, organizations need a rigorous system of master data governancefor seamless integration and quality control. And they must be able to move to thecloud incrementally, at their own speed, while maintaining consistent master datagovernance across lines of business.
4 | 11Master Data Fuels the Intelligent EnterpriseMaster data consolidation and central governanceSAP Master Data Governance supports masterdata consolidation and central governancescenarios in a single application (see Figure 1).You can eliminate data silos by consolidatingmaster data stored and maintained in SAPsoftware and third-party sources. You canprocess master data from cloud and on-premisesources, standardize it, detect duplicates, andput them in match groups. For each match group,the application builds a best record using fieldsfrom multiple source records based onsurvivorship rules. You then can replicate thevalidated best records back into the transactionalapplications or to a data warehouse to helpimprove business process efficiency andbusiness analysis.The application supports centralized creationand maintenance of master data. This helpsautomate governance by controlling data qualityat the point of authorship. By integrating datagovernance into business processes, you canhelp ensure that duplicate checks and fieldvalidations are performed before a new recordis created.Data oversight and accessStandardized and automated workflow routingand notifications help ensure participation fromthe right people at the right time, and theyincrease overall productivity. Version control andan audit history improve transparency and helpensure policy and regulatory compliance. Inaddition, role-based data access helps enforcesecurity policies, even on mobile devices.Figure 1: Typical approaches to master data managementLoB procurementLoB customer LoB finance LoB PLM Other LoBSystems not under central governanceLegacysystemsReporting andanalyticsBusinessnetworksCloudSystems under central governanceConsolidation with SAP®Master Data GovernanceConsolidate master data into asingle view for accurateanalytics and operationalinsight (continuously or onrequest, for example, for initialload or mergers andacquisitions)Central governance with SAPMaster Data GovernanceCreate master data in line withbusiness processes (forexample, integrated productdevelopment or suppliermanagement)Enterprisemaster dataLoB – Line of business, PLM – Product lifecycle management
5 | 11Master Data Fuels the Intelligent EnterpriseReplication and syndicationOnce you have validated and approved masterdata, the application can distribute it to an SAPor third-party software system, so you no longerneed to perform manual maintenance multipletimes in different systems. A wide array ofmovement mechanisms is supported, includingWeb services, application link enabling, remotefunction calls, file transfers, and orchestration,which are independent of the mechanism used.The application keeps track of what data needsto be distributed where and what has beendistributed successfully, or not, at the level of themaster data object. Target systems can subscribeto the distribution of master data based on filtercriteria and delta tracking, which enables tailoredselection of master data for specific applications.SAP Master Data Governance also uses keyand value mapping to support scenarios wherethe same master data object is used in differentsystems with different identifiers.You use key mapping when theprimary key for a supplier isdifferent in various systems. Keymapping helps ensure that you knowwhich primary keys represent thesame thing in different systems. Youuse value mapping when codes inmaster data attributes are differentamong systems. Value mapping helpsensure proper translating when youare distributing master databetween systems.