Master Data maintenance made easy with MDM-Lite®
Master data is life blood of the organisations functions and therefore it is critical to have a controlled and verified data in order to run the business efficiently. Data problems are often not given much importance, however, the issues are hidden underneath.
Typical issues faced by organisations:
- Several legacy systems: Leads not only to huge maintenance cost but also conflicting sets of data that can in turn lead to incorrect reporting.
- Manual entry via sheets of paper: Will lead to re-entry of data by additional staff. This leads to duplication of effort while data can be inconsistent.
- No traceability of the data source: Accessing history is often difficult and therefore difficult to judge the source of information.
- Shared folders are used for storing attachments: Data is not usually validated and disconnected. Duplicate data can exist in many cases.
What is MDM-Lite®?
This application is developed to address the core issues of data management while keeping the costs low. The salient features of the solution are:
- Simple SAP based Master Data solution.
- One stop solution for all kinds of master data.
- Workflow based approval process.
- Web-based form for data entry.
- Reporting tools for monitoring the requests.
- Mobile applications for smartphones and tablets.
Typical Benefits of MDM-Lite®:
- Simple and easy to use.
- Less TCO (Total cost of ownership)
- Controlled and streamlined process.
- Minimum manual data entry.
- Ability to distribute master data to other systems.
- Archive supporting documents.
- Improved quality and compliance of master data
- Maximise the value of SAP Licencing cost.
- Low processing times.