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EPM Insights

Controlling your Hierarchies White Paper

Mastering your Master Data. This seemingly simple task is the thorn in the side of many companies.

Master Data, the underlying information surrounding each of your transactions: account, cost centre, product, customer, rate etc. is often housed differently and in different systems throughout the enterprise. Effecting changes to this data, uniformly and concurrently across many disparate systems is virtually impossible in today’s fluid business environment. The inevitable consequence of a change to Master Data, is a frenzied cycle of updating and reconciling as departments, with the help of ETL tools and spreadsheets, try to get their data in sync, before the next change hits them. The end result of all this un-coordinated activity is that reports seldom agree, arguments ensue and productivity dips while the mess is sorted out.

Understand more about Master Data challenges and how to overcome them by downloading this white paper.