Companies are turning to Master Data Management (MDM) solutions to help bring order to the chaos created by multiple business systems running various business processes at different sites. However, with the increased pace of today’s business, they can no longer afford the time to wait for traditional MDM batch uploads.
Business runs in real time, which means MDM must run just as close to real time if you want to support complex supply chain decisions, financial consolidations and even customer inquiries.
Naveego Master Data Management offers near real time synchronization of data. It includes advanced algorithms to cleanse, match, and merge data so your team can rely on reports and inquiries, knowing that the data is accurate, up-to-date, and clean.
Consolidating data from multiple systems manually is time consuming and error-prone. In addition to causing business process delays, when everybody has their own spreadsheet or data source, meetings quickly devolve into discussions about which data source is “right.” It is far more productive, efficient and cost effective to work with an MDM system that keeps your data synchronized among all your systems than it is to try to run your business with ineffective tools such as spreadsheets or lists.
Unlike most competing systems, Naveego MDM is accessible using SQL, so your IT team doesn’t need to learn another language or tool to manage your data. With Naveego, there is no waiting for batch updates to the data warehouse, or complex mapping before you can bulk load data between systems. Naveego’s algorithms do the heavy lifting while your team focuses on running the business.
You need Naveego MDM if your business or client(s):
- Uses multiple business systems (accounting, ERP, CRM, SCM)
- Has multiple facilities using disparate systems
- Includes mergers and acquisitions in its strategy
- Has a complex or global supply chain
- Operates in a highly competitive industry
By adopting Naveego MDM, you will achieve faster, more accurate processing that results in better decisions and more effective operations with less required manual intervention. To learn more about how you will benefit from Naveego MDM, contact us.