Master data is the core reference data that describes the fundamental dimensions of business” vendor, material, customer, chart of accounts, location etc. Master Data Management (MDM) is a comprehensive strategy to determine and build a single, accurate and authoritative source of truth of a company™s information assets and deliver this on demand as a service. Master data is an important enterprise asset, and an effective MDM is critical in maintaining good operational and financial health. Harmonized master data is the foundation for companies to enhance their ROI on ERP projects/consolidati
on. Clean, consolidated and enriched master data optimizes inventory, rationalizes spend and vendor base, prevents financial errors/frauds and improves procurement processes. However, successfully executing a large data harmonization project without compromising on quality, time and cost can be a very challenging task, if a traditional, manual approach is adopted. Zynapse addresses these concerns with help of solutions based on Artificial Intelligence (AI) technology clubbed with its domain expertise to deliver projects on time and within budget, besides ensuring ongoing data integrity. The AI driven tools and domain specific knowledge base automatically classify, de-duplicate, enrich, and manage master data. Zynapse solution suite are compatible with all leading ERP platforms adopted by Global 2000 organizations.
Master data is the core reference data that describes the fundamental dimensions of business” vendor, material, customer, chart of accounts, location etc. Master Data Management (MDM) is a comprehensive strategy to determine and build a single, accurate and authoritative source of truth of a company™s information assets and deliver this on demand as a service. Master data is an important enterprise asset, and an effective MDM is critical in maintaining good operational and financial health.
Harmonized master data is the foundation for companies to enhance their ROI on ERP projects/consolidation. Clean, consolidated and enriched master data optimizes inventory, rationalizes spend and vendor base, prevents financial errors/frauds and improves procurement processes. However, successfully executing a large data harmonization project without compromising on quality, time and cost can be a very challenging task, if a traditional, manual approach is adopted.
Zynapse addresses these concerns with help of solutions based on Artificial Intelligence (AI) technology clubbed with its domain expertise to deliver projects on time and within budget, besides ensuring ongoing data integrity. The AI driven tools and domain specific knowledge base automatically classify, de-duplicate, enrich, and manage master data. Zynapse solution suite are compatible with all leading ERP platforms adopted by Global 2000 organizations.
