Master Data Governance (MDG)

Master Data Governance (MDG) is a set of processes, policies, and tools used to manage an organization’s master data in a consistent and controlled manner. Master data refers to the foundational and critical business information shared across an organization, such as customer data, product information, employee details, and more. Effective master data governance ensures data quality, accuracy, and consistency, which is essential for making informed business decisions and maintaining operational efficiency. Here are key aspects of Master Data Governance.

Grihasoft mainly focus on:

• Item Master Data
• Vendor Master Data
• Service Master Data

Master Data Governance (MDG) service helps organizations manage their master data without any issues during regular tasks such as addition, updates and removal. It provides a centralized platform to create, maintain, and publish master data across the company. The process of creating and maintaining master data in any ERP is workflow-based and involves creating master data models for every entity such as customers, vendors, services and materials. When the end users submit a request to create or change data, the flow chart will provide a typical workflow to complete the tasks.