There are several ways to approach systems centralization and data management, and the choice depends on the specific situation and requirements of the organization. There are many real benefits to centralising systems and data management, particularly in the areas of efficiency, consistency and information security. A unified agenda system can be one option for centralised data and process management.
What do a data analyst, a controlling manager and a CFO have in common?
The desire is always to work with high quality, consistent and up-to-date data. Avoid duplications and errors in the records they process or evaluate. Institutions, operating a number of information systems, registers and keeping various agendas or creating countless excel reports with items in tens of thousands of records, will definitely appreciate the introduction of Master Data Management. A Master Data Management (MDM) system is also a clear choice for the positions of the three staff members in the introduction.
The MDM is a core element for the central management and distribution of key codebook data, and an important component – the “core pillar” – of the JAS unified agenda system. It provides management, administration, data governance and publication of key data entities and enables their transition and use at a qualitatively higher level of data analysis, reporting or BI solutions.
And now a simpler explanation, the so-called “by the shovel”. I have an Excel spreadsheet, my colleague has an Excel spreadsheet, the traders have a spreadsheet, the economists have a spreadsheet. The default was the same spreadsheet and the same data for everyone, it’s only through use, customization and time, when everyone has different parameters or a few more attributes coated into it, that incorrect or unrealized updates to selected parameters can occur. All it takes is for one team member to overlook the information with the change order code instruction and – errors in reports are created, work efficiency is reduced, and uncontrolled chaos in the data can occur.
MDM allows you to prevent errors. Integrate and synchronize customer, supplier, product data with different systems and processes in the enterprise so that you are guaranteed to always be looking at the same, up-to-date and complete data across different systems or modules. This minimizes duplication, inconsistency and errors in data, and improves efficiency and productivity within business processes.
How is this possible? A centralized record will be created in MDM that contains all the required attributes. The company’s information systems will have the same data from the same source when integrated into the MDM system. If you then change a value in one attribute, the change is transferred to all systems. In addition, they all work with the same data after any change in key code or master data.
Yes, the central data management system, MDM, is the basis for guaranteed correct data. Especially in cases where you have many different systems and you are working with data of the same nature in each, it needs to be holistic and integratable.
Another advantage of using the MDM platform is its integration with Data Warehouse (DWH) and business intelligence (BI) tools. DWH serves as a central platform for storing and processing large amounts of transactional data from various sources. The MDM system provides important reference data for the DWH, which is then used in analytical processes and report generation in BI tools.
Example: if the product “A” has defined attributes width, height, length in MDM, then these codebook data will remain identical and ready to work and use in all other systems. When we add to this example the operational data, i.e. transactional data like – when, how many products, what type, will go to what customer, we are well on our way to BI reporting. In the final analysis, if we have well-managed dial data, we can put transactional data next to it, and then boldly any BI report on top of the whole thing. Combining these systems improves access to and quality of data, which has a positive impact on various areas of the business such as decision making, marketing, sales and warehouse management.
A Unified Agenda System (UAS) is a software tool used to unify and coordinate various agenda processes and tasks in a private organization or in a public administration. It is a modular solution ready for specific business or process situations at customers. Data analysts can transform complex data flows and mechanisms into workable, secure and insightful units.
JAS brings a new view of existing data, will provide a quality view of the organization’s performance in the expected form, and will support business decision making in real time. By centralizing systems or parts of systems, it contributes to better management, increased efficiency, reduced errors, improved traceability and transparency, and increased collaboration between different actors in the business-process chain.
The implementation of central systems is an investment in the future of your company that will give you a competitive advantage, improve customer service, increase efficiency and reliability of delivery of goods and services.
What do you say, would it fit you too?
