master data management (mdm) is used to ensure the currency, meaning, and quality of reference data within and across various subject areas

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NateDog9808 NateDog9808

24-11-2022
Social Studies

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master data management (mdm) is used to ensure the currency, meaning, and quality of reference data within and across various subject areas

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SumanaPaul SumanaPaul · Answer 1 · 2022-11-26T09:36:55+01:00

Disciplines, technologies and master data management (mdm) is used to ensure the currency, meaning, and quality of reference data within and across various subject areas.

What is the purpose of master data management?

Business and IT collaborate in the master data management (MDM) discipline to ensure the consistency, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets.

Business and IT collaborate in the master data management (MDM) discipline to ensure the consistency, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets. Customers, prospects, citizens, suppliers, sites, hierarchies, and chart of accounts are among the basic business entities that are described by master data, which is a consistent and uniform collection of IDs and extended characteristics.

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