The MDM imperative

Clean, complete, and harmonized Master Data has made its way to the top of priority list at major institutions. Risks include: employees receiving irrelevant or sensitive information, “prohibited” Vendors being on-boarded in the Procurement process, and Customers not receiving their orders on-time. These are among the initiatives being launched:

  • Vendor, Employee, & Customer master data quality assessments
  • Data cleansing & enrichment
  • Supplier Enablement (procurement, data operations, and risk management)
  • Data Governance
  • Golden Record