Master Data Best Practices | Recording
For many organizations, bad master data is an everyday challenge. Unfortunately, most organizations only see one solution to this problem: hire a consulting firm every 3-5 years to cleanse the data.
However, this is costly and doesn’t address the true issue at hand – poor master governance. With the correct master data governance processes in place, you only have to cleanse your data once rather than paying for multiple master data projects year after year.
In our webinar, we will discuss best practices for master data management such as defining goals and a vision for your master data strategy, getting executive sponsorship with a focus on ROI, selecting the best tools for the job, mapping out your master data processes, adopting the right architecture and standards, building a strong foundation for MDM, establishing strong data governance standards, and monitoring governance with metrics.