Master Data Management (MDM) refers to the tools and methodology to manage an organizations critical information assets, be it information about their products, customers, vendors, etc. While MDM has received a lot of hype recently, the concepts are not new. Large organizations must cope with large quantities of rapidly changing information to run their business. This problem is further accentuated by complex heterogeneous IT environments, shrinking budgets, and fast changing business conditions. Within this framework, making sure that core data, the lifeblood of the organization, is accurate and consistent is no small task and cannot be solved by technology alone. Our experts specialize is a Master Data Management (MDM) solutions that reconcile, cleanse and synchronize enterprise master data on customers. Improve process performance and make better decisions with better data. HDL’s MDM approach that reconciles, cleanses and synchronizes enterprise master data on customers, products, suppliers—whatever category you choose. HDL Systems MDM solution gives you “one version of truth.” Redundancies and errors are eliminated. Only reliable, accurate and approved enterprise information flows through your processes, systems and applications.
PIM for Master Data Management Our solution approach enables enterprises to centralize all the process relating to master data. The solution can manage different entities such as Product, Customer, Vendor etc. in a single repository. The solution manages all CRUD (Create, Read, Update and Delete) workflows. Some of the key features are:
Flexible and Extensible Data Modeling environment for modeling different entities, hierarchies, attributes and relationships
Robust Data Quality and Approval Engine for duplicate identification and normalization/standardization functions
Robust integrations for Master Data synchronization across the enterprise
Publish/Subscribe model for handling Master Data changes