The world is run by DATA. Nonetheless, many companies are still not maximizing the potential of data.
Do you know the consequences of unmanaged data entities and poor data quality and how they affect your business?.
It leads to data silos or inconsistencies, spending precious time on manual processing, incorrect insights, lack of data-driven decisions, poor customer experience, low visibility, missed opportunities to grow, and finally, it impacts your bottom line.
Then, how to improve the quality of data and make the best use of it so that your business succeeds in the cut-throat competition?
The solution is Master Data Record Management. It is a tool designed to manage the integrity of master data records such as product records, customer records, etc. The common functionalities provided by MDRM for each master data record include data entry, data validation, data storage, data retrieval, and some fundamental data governance features.
There will be a plethora of benefits hidden in data if we organize data and utilize its insights. Here are some compelling reasons why organizations need PiLog’s master data record management tool. Let’s dig deeper to know how it is useful for businesses.
Intuitive UI/UX:
Data in any organization is complex and unstructured. For large enterprises, it will be like an ocean. The platform where master data records are maintained must be intuitive and easy to use so that even large enterprises can manage their data seamlessly and without hassles. PiLog’s MDRM offers sophisticated and slick UI/UX for master data management to all their business customers irrespective of the size of the volume of data.
Consolidated view of data:
Have a 360-degree view of all the data in one place. Businesses can have a single and unified view of all enterprise data which lets them have better visibility throughout the entire data ecosystem. It leads to efficient data sharing and collaboration between teams and employees. In addition, data architecture will be simplified which lets seamless navigation for data accessibility.
Maintain data consistency across all systems (ERP, SCM, CRM, etc.)
Master data is stored and replicated by organizations across a wide range of applications such as client touch points, including order processing, customer support, and reporting systems. However, a lot of these source systems generate, update, and retain the data in their own special ways, which usually leads to a lack of uniformity across them. There is a chance that important data items are inconsistent, missing, incomplete, or repeated. In the absence of a single cohesive, and precise “version of truth” regarding the firm, entities lose out on chances to boost profits, leverage a competitive edge, and cut expenses
Inaccurate data can cause poor decisions and bad business outcomes, which hampers critical company processes. The intended business goals cannot be achieved, no matter how high the quality of the information an organization retains, if the primary business processes are not so effective, difficult to tackle ever-growing business challenges, and don’t attend to the needs of the client.
It’s a multi-domain, multi-tenant and multi-lingual system!
PiLog’s MDRM creates and maintains all master data records including Material master, Vendor master, Service master, Customer master, Asset master, and Employee master. Also, the tool serves businesses of all verticals and it is available in multiple languages.
Integration with multiple ERPs!
PiLog’s unmatched MDRM tool can be integrated with leading ERP systems such as IBM Maximo, Big Data Hadoop, on-cloud, C4C, Salesforce, Microsoft Dynamics Oracle EBS, SAP Hybris, SAP ERP, SAP Ariba, and SAP S/4 Hana.
Streamlined business operations and processes
In PiLog’s MDRM, all the data will be updated automatically in the data warehouse providing a single, consistent, trusted, and unified view of master entities across the organization. It is a comprehensive MDM solution that streamlines complex operations and automates all processes thus, saving time, money, and effort.
Optimize customer experience
Delivering exceptional customer experience is driving revenue. As MDRM gives a unified and single version of truth across all systems and platforms, businesses can meet expectations, anticipate requirements, and proactively address queries/feedback of customers, thus, ensuring customer retention and loyalty.
Leading partnerships
PiLog is partnered with leading data management providers such as SAP, Oracle, etc. to serve their customers better by delivering maximum benefits to their organization.
Unmatched business value propositions
PiLog’s MDRM tool is best utilized in Enterprise Data Strategy, Asset Lifecycle Management, Data Governance and Analytics, Data Quality Management, Supply Chain Management, and Business Partner Lifecycle Management.
Time-saving and profitable add-ons
PiLog’s MDRM is integrated with its preferred add-ons as mentioned below.
Outstanding continuous operational support
Businesses will receive comprehensive and round-the-clock technical assistance from PiLog’s team of skilled support professionals. Also, they can avail of feature upgrades, latest software access, online resources, and remote technical support
Selecting the right MDM vendor is crucial for organisations aiming to establish a robust data management strategy. The vendor's expertise, the scalability of their solutions, and their ability to align with specific business needs are key factors to consider in the evaluation process.
In the fast-paced world of modern business, Pilog emerges as the foremost Master Data Management (MDM) vendor, redefining the landscape with unparalleled features, benefits, and solutions tailored to address the challenges posed by bad data.
