Description
Better master data promises fewer process errors, rework and lost opportunities in marketing; order, supply chain, billing and service management; risk and compliance; human resources as well as IT operations. This study is a comprehensive evaluation of the financial impact and functional use case distribution driven by improved, enterprise-wide master data quality. It also uncovers correlations between organizational characteristics and projected outcomes. It is a practitioner's analysis of 53 client engagements, aka Business Value Assessments, which evaluate how Master Data Managmenet (MDM) and Data Quality (DQ) tools are projected to enhance financial outcomes by fixing core data elements used across two or more software applications, business processes or functional business areas.
Recommended Citation
Zoder, Stephan, "Improving Enterprise Master Data Quality - What Is The ROI? A Practitioner's Analysis Of The Financial Value Organizations Can Expect From Improving Overall Master Data Quality." (2015). AMCIS 2015 Proceedings. 1.
https://aisel.aisnet.org/amcis2015/StrategicUse/GeneralPresentations/1
Improving Enterprise Master Data Quality - What Is The ROI? A Practitioner's Analysis Of The Financial Value Organizations Can Expect From Improving Overall Master Data Quality.
Better master data promises fewer process errors, rework and lost opportunities in marketing; order, supply chain, billing and service management; risk and compliance; human resources as well as IT operations. This study is a comprehensive evaluation of the financial impact and functional use case distribution driven by improved, enterprise-wide master data quality. It also uncovers correlations between organizational characteristics and projected outcomes. It is a practitioner's analysis of 53 client engagements, aka Business Value Assessments, which evaluate how Master Data Managmenet (MDM) and Data Quality (DQ) tools are projected to enhance financial outcomes by fixing core data elements used across two or more software applications, business processes or functional business areas.