Amurta

Master Data Management

Evolution at the heart of the Business

Master Data Management

In this digital era, data is one of the most significant assets for any business. The increasing volume of data in the past few years has made it difficult for companies to manage data efficiently. As companies aim to utilize their data optimally, master data management has become their prime focus.

Master Data Management (MDM) deals with the challenges and opportunities related to unstructured, user-generated, and Machine-generated data.

master data managent

FEATURES

Data Model

Establish the Data model by defining attributes, Enumeration setup, the definition of the model (foreign key-related information), Setting default values to the attributes wherever applicable.

Data Enrichment

DIP helps to assess your master data and do the CRUD (Create, Read, Update, and Delete) operations. This single view is not only used to power more accurate data analysis but is also flexible enough to drive your operational business process.

Mass Processing

Mass updating the same value for multiple records either by giving the value or by writing SQL queries. 

Matching and Merging

Transforming data from a multitude of systems into one single, accurate record through the match-merge concept that helps organizations to identify and resolve duplicate entity records and achieve ‘golden record’.

Matching and Merging

Measuring and Monitoring DQ

DIP MDM allows for analysis of the quality of the records coming in with the operational analytics. User can view the details of passed, failed, and excluded records that can clearly illustrate ways to improve efficiency, compliance, and decreases the cost of operations.

APPROACH

01

Profiling Master Data  

DIP helps in profiling the data for each master data business entry and it is to be managed centrally in a master data repository. The preferred data quality rules must be analyzed by highlighting the key areas of data discrepancy to estimate the business impact.

02

Consolidating Data Migration

Consolidation is a key aspect of managing master data. Fusing master data from various siloed heterogeneous IT environments is the customer’s main objective. AMURTA Data Insights Platform provides Data quality services to standardize, cleanse, and match master data attributes during the MDM processes.

03

Cleanse and Govern

Post consolidation of the Master data can be cleansed and governed where cleansing involves standardizing, error correction, matching, de-duplication, and augmentation of the data where governing involves data definition, data quality rules, definition, privacy and regulatory policies, auditing, and access controls.

04

Collaborate

The ability to integrate and synchronize master data information with existing systems, enterprise applications, repositories, and masters. 

05

Leverage

MDM creates a single version of the truth about every master data entity. This data has all operational and analytical systems across the enterprise. The key insights will have gleaned from the master data for effective decision making.

BENEFITS

Improved
ROI 

Having high data quality standards and using validated data, businesses can take fast and correct decisions, increasing their overall performance. 

Better Customer
Experience

Cohesive customer experience is gained by a better understanding of customers and their needs by viewing their Historical Data.

De-Duplicated
Master Data

Can automatically detect duplicate records quickly and create a “golden record” for your key master data objects.

Cost
Reduction ​

 MDM implementation protects your operations, processes, and information. This can reduce the cost up to 40%

Fast-Track Your
Business Processes

 By placing data in one central location and Integrating business data, you can speed up processes and increase efficiency and cut down on wait times.

Informed
Decision-Making

With one Central Data repository, it is easy to extract, analyze the data, and make well-informed decisions.

Better Data
Compliance

MDM application decreases the chances of security breaches and regulatory non-compliance.

Faster Turn
Around

MDM solutions not only automate the process of obtaining error-free data but also saves an enormous amount of time.

CASE STUDY

Customer

Use Case

Business Challenge

Project Requirements

Solution Highlights

AMURTA Value

Results

SPEAK TO OUR EXPERTS TODAY

If you have queries  we are ready to discuss how our Data Insights Platform can help you in improving your organization governance process.

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