In any business, Master Data Management (MDM) comprises the workflow, governance, policies, standards and tools that consistently define and manage the critical data of an organisation to provide a single source of truth.
Prospecta’s Master Data Online (MDO) delivers trustworthy and reliable data to business users by mediating, managing and governing core master data shared by multiple master data domains. It enables business users to easily create information with standardised business rules, workflows and approval processes. Available both on cloud and enterprise models MDO has the ability to integrate with SAP, Salesforce, Microsoft and other leading enterprise solutions.
MDO is unique to the typical data governance and MDM solutions available in the market. Its features are tailored as per business needs, which may include active or passive governance, or both. Data issues can vary among different businesses and MDO helps to address the quick wins and define a framework of data governance and automations for the future.
Prospecta empowers users to take control of their business processes. Our Master Data Online (MDO) solution for Spare Parts Data Quality and Standardisation helps to ensure that there are both governance and standards defined for any industrial spare parts. Spare Parts for any maintenance organisation is key to managing equipment and plants. Today, either this area is neglected or companies have come up with their own way to manage their MRO Spare Parts.MDO Description Generator helps enterprises to overcome issues related to Duplicates, Standards, Governance, Manufacturer Part Numbers, Inventory Optimisation and Mass Data by creating a strong methodology and steps to cleanse and standardise client’s existing parts to ensure the same standards are followed for ongoing governance.
In order to achieve a “PERFECT SPARE PARTS MASTER ENVIRONMENT”, this solution follows a 6 Steps procedure:
MDO Vendor Master is designed to meet business challenges faced while on-boarding new vendors and management of existing records.
No more external vendor registration is required as MDO allows you to capture and manage all vendor related details, through a single or multi step process, in line with the specifics of your business. With configurable workflows and approvals built around your business, MDO will streamline and simplify your vendor relationship management.
With technology advancements, Transformation and Migration Projects are not the same anymore. The complexity of data and the expectation of the systems, which are built today for the next wave of digital automation, make it more important that accurate and quality data is migrated into new environments. The MDO solution for Transformation and Migration works on Data Quality Work Bench theory that means it comes with a set of functions and features that allow you to manage the full life cycle of data migration during these transformation programs. It is a solution specifically targeted to address the challenges in a transformation program.
Some of the key features are:
Companies today are gathering enormous amounts of data through various initiatives and digital transformation projects. As a result, data analysis activities are expected to provide meaningful insights in order to improve company revenues, margins, and organisational efficiency. To get accurate results, we have to ensure that our data should be accurate and clean to avoid errors.Master Data Online (MDO) delivers business users with trustworthy, reliable data by mediating, managing and governing core master data shared by multiple master data domains.
Prospecta’s MDO Data Health Analytics solution helps to provide a very strong framework for high quality data with a fully collaborative model. In addition, MDO Data Health Analytics can feed into the MDO Transformation and Migration engine to cleanse and standardise data. Data governance and relevant business rules are applied to deliver high quality, trustworthy data for any data analysis project.
MDO offers a unique value added feature to its users for transferring existing data as well as for adding new data into the system. It is a powerful tool to upload and manage a large number of records hassle-free using the familiar interface of Excel. It allows users to carry out their operations while ensuring that all the data governance and data quality business rules are in place. It helps the organizations to smoothly deal with change management process.
Excel Connect captures data in the excel sheet, applies business rules to validate it and then by just one single click pushes the data into the workflows. After processing, it pushes the data back to system. Data entered in Excel Connect sheet can be uploaded and reviewed at once which makes the process a lot easier. It allows users to search and maintain data easily. Users can also run reports and create graphs using excel skills which helps in analyzing the data and gain business insights.
MDO comes fully equipped with a strong integration framework which allows easy integration and data transfer with 3rd party systems such as SAP, Microsoft, Salesforce and other leading ERPs. The Integration Cockpit feature of MDO provides a comprehensive overview of various data transfer scenarios. Get in-depth information about integration logs through predefined dashboards and reports for easy analysis.
SAP is the world’s largest business software company. Prospecta has been an SAP Partner for more than 10 years across various partner programs. MDO solution is available on SAP App Center and MDO is also an OEM to the SAP Cloud Platform.Visit App Centre
Salesforce is the innovative company behind the world’s #1 CRM platform. Prospecta has partnered with Salesforce to ensure the availability of clean and consistent data using MDO for all CRM users. MDO app is available on the Salesforce App Exchange.Visit App Centre
Microsoft unifies CRM and ERP capabilities and break down data silos with Dynamics 365 - modern, intelligent cloud applications that help move your business forward. MDO with its powerful integration platform, seamlessly integrates with Microsoft Dynamics. MDO is available on the Microsoft Azure Marketplace.Visit App Centre
INDUSTRY: Food and Grocery
Mondelez International is an American multinational confectionery, food, and beverage company based in Illinois and is the world’s largest snacks companies.
They operate in variety of confectionaries and ready to eat food items and have large holdings in the retail industry. Read More
Ensure end to end Master Data Governance with approvals and quality rules
MDO gives the power of a BPM framework in an MDM tool providing a holistic data solution for your Enterprise
MDO allows easy configuration of business rules with minimum coding unlike other systems
User friendly application eliminating the need for technical developers
A “standard” production system enabling cost effective life cycle management of core IT systems