Efficient master data management and thus correct and valid data are one of the most important prerequisites of successful digitalization. It forms the basis of sound management decisions, secures competitive advantages, and serves as the foundation for the flexible implementation of future business models. This involves both the selection and combination of the "right" data as well as its quality, because how are companies supposed to make sound decisions if the data is outdated or if the right data is not used for analysis?
SAP Master Data Governance is a SAP product that takes a multi-domain approach to master data management and master data governance. It enables both the controlled, form-based, workflow-supported creation of master data objects and the permanent consolidation of your data as a “golden record” in a separate staging area.