Path towards Master Data Management
The path towards master data management does not start with the implementation of software. Beforehand, you need to create an awareness that master data is a company asset.
The following video explains the path towards master data management.
What is Master Data Governance?
SAP Master Data Governance is a state-of-the-art master data management solution. It provides out-of-the-box applications, with predefined data models, user interfaces, workflows, and business rules. SAP Master Data Governance enables domain-specific master data governance to centrally create, change, distribute, or consolidate master data across the entire enterprise system landscape.
The next figure shows the business content bundled with SAP Master Data Governance.
SAP Master Data Governance comes with predefined, yet further configurable data models, user interfaces, process templates, and data quality rules.
- SAP Master Data Governance is a cross-domain master data management solution
- Broad out-of-the-box content across domains helps organizations to speed implementation and realize business value faster
- Extensibility framework enables organizations to adjust processes and add master data domains defined by themselves
- Quick-starter package service for SAP Master Data Governance on S/4HANA additionally shortens time to value
- SAP Master Data Governance cloud versions add versatility (focus on specific domains)
Approaches to Master Data Management
Watch the next video to learn the different approaches to master data management.
The typical approaches shown in the video support the path to a successful S/4HANA migration as shown in the next figure.
SAP Master Data Governance helps to get and keep master data clean in the following ways:
- Helps to ensure data quality and readiness before an operative SAP S/4HANA implementation and reduces risks for deployment and operations
- Helps to establish strong governance processes that will help you maintain master data quality after SAP S/4HANA go-live
- Helps to get experience with a controlled subset of SAP S/4HANA before a full-blown implementation
Usage scenarios
- Use MDG, Consolidation, for preparing a high-quality, non-redundant master data repository in the preparation phase for the SAP S/4HANA implementation
- Switch to MDG, Central Governance, before, or in parallel to the go-live with SAP S/4HANA to keep high-quality data clean in the long term