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From the publisher website or publicity
Master data defines subjects such as products, customers, suppliers and brands. When effectively managed, it provides a consistent context against which business performance can be measured.
Master data is often duplicated and managed in multiple enterprise systems, making it difficult to create consolidated views of business performance across the enterprise. This is particularly common in enterprises which regularly undertake mergers and acquisitions, or which operate under different business cultures and regulatory systems in different corporate divisions or geographic regions.
KALIDO 8M is an enterprise software solution for harmonizing, storing and managing master data over time. It increases the consistency and accuracy of corporate performance reporting by enabling business people to collaboratively manage and control master data in a workflow-driven web-based environment. It produces a master data warehouse from which “golden-copy” master data can be distributed to enterprise applications and business people throughout the organization.
Key capabilities
*Manages any type of master data—a large enterprise typically has hundreds of master data categories and KALIDO can manage all of them—from products and customers to brands, markets, territories and more.
*Facilitates data governance–puts business people in control of master data quality in a collaborative, workflow-driven environment
*Offers flexible master data modeling—featuring powerful cataloging, segmenting, merging and mapping facilities
*Loads non-conformant master data—instead of rejecting invalid master data, all master data is loaded even if it doesn’t conform to the master data model—workflows ensure that the data—or the model—is revised accordingly
*Maintains master data history—historic views can be re-created to support audits and historical analysis as master data adapts to business changes over time
*Exchanges master data with other systems—such as data warehouses, ERPs and other systems
Key benefits
*Provides consistent context for measuring business performance
*Increases business efficiency by eliminating many of the information quality problems that cause them
*Puts business people — the business information experts — in control of master data governance
*Shares master data across the enterprise via corporate intranets and extranets, for greater business transparency and understanding
*Delivers historic, current and planned views of data, facilitating trend analyses, scenario planning and regulatory audits
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