What is Master Data Management MDM

10/10/2022 Computer - IT - Webs

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"Master Data is basically the uniform and consistent set of extended attributes and identifiers that describe all the core entities of an organization, which usually includes citizens, prospects, customers, suppliers, sites, and chart of accounts.

For instance, let’s say that there is a business with an ERP system. This ERP system will usually have at least an Account Master, Item Master, and Customer Master data lists. And, as you know, these master data lists are key assets for a business."

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