Master data management (MDM) streamlines business processes with effective governance controls, as well as improves data quality levels for an enterprise. It involves creating a single master record for each person, place, or thing in a business, from across internal and external data sources and applications.
Master data management (MDM) is an integral part of the enterprise data management architecture, designed to help businesses get a consolidated view of the data scattered across the organisation. These include managing enterprise data across key domains such as products, materials, customers, vendors, pricing, and employees, to name a few.
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