Data governance has become a priority for many organizations, initiated to address regulatory compliance, operational improvement or reporting quality issues. However, those same organizations often treat data governance as a standalone documentation-oriented initiative, implementing their own business processes and applying their own tools.
For companies to remain competitive and compliant in today’s economy, a single point of management for all corporate financial data is critical. Financial chart of accounts, cost centers and legal entities are the core of a well-run finance and accounting organization.
As companies work to remain competitive in today’s economy, one of their biggest challenges is the effective management of human capital. To successfully address this challenge, a comprehensive, accurate and global understanding of employee data is required.
In today’s challenging economy, a single point of management for all Sales & Marketing master data is critical. Accurate product catalogs, services and pricing; up-to-date locations and Point of Sale information; and channel synchronization--each are key to a successful Sales and Marketing organization.
A business case for reference data management (RDM) requires more than a general recognition of reference data’s importance. Business cases demand specificity. Where does effective management of reference data add value to the business?
One of the greatest challenges confronting modern organisation's finance department running multiple instances of Hyperion applications is the need to manage, consolidate and govern the Hyperion metadata across all data instances.