How can linking data from multiple domains be useful?
Master data management monitors and captures every data record, its associated links and degree of changeability according to different transactions. A complete picture of data sharing, access and sharing are available covering WHO-WHERE-WHEN-HOW changes. An enterprise offering products or services or managing assets has many customers involved in multiple transactions and dealing with different employees. Also, there may be third-party organisations to help the company with logistics, accounting, inventory parts, partner services, etc. MDM combines all these elements, making it possible to retrieve all information in a consolidated manner at your fingertips!