DATA WITH EVERYONE
Sustainability data should be treated as master data. It sits in different business applications. It comes from a variety of sources.
A master data management solution supports the creation of a single source of trusted sustainability data that is needed to:
"MDM initiatives continue to progress as a foundational component of digital transformation programs. Leading organizations draw a causal link between their master data (such as parties, products or assets) and the business outcomes it supports, including:
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According to Bloor Research’s Master Data Management Market Update, “As businesses mature in their use of MDM, they are typically applying MDM software to multiple business domains. Initiatives that started to deal with customer or product data now frequently extend to supplier, asset, location and reference data, and the relationships between those, so MDM software needs to be able to support customers in this increasingly heterogeneous master data world.”Access the report