Master Data Management Solutions
There are currently a variety of software platforms for the central management of master data (customers, products, suppliers, locations) that ensure high quality. They can be used either locally or in the cloud. Local solutions require dedicated servers, data centers, and networks. You have to take care of the installation and maintenance of the software yourself. With cloud versions, data can be stored and edited online. This makes management easier and saves costs.
A distinction is made between “pure” MDM tools and PIM systems that are used as master data management software. Any PIM can replace an MDM solution for product data, but not vice versa. PIM systems used as MDM for product data are much cheaper and easier to implement.
There are also enterprise master data management solutions that are responsible for managing important master data in financial systems, various applications, and analysis tools.
Customer master data management ensures consistent, accurate, and complete customer data. It allows companies to create a single, accurate view of customers across different business systems.
KennerPIM Master Data Management – Highlights
KennerPIM Master Data Management encompasses all of the company's data. This includes information about employees, customers and suppliers. Master data is used in various applications, including PIM systems shared and reused. In order to increase data quality and customer satisfaction, the use of MDM and PIM is of great importance. The MDM system helps you to control all data. This software facilitates the development of new concepts and the establishment of new business areas.