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Centralised Master Data management is preferable to decentralised management. A central data server receives all the information and distributes it to the local workstations after appropriate queries. With the decentralised solution, each employee enters Master Data at his/her computer and these must be synchronised via the IT systems within the company and then be compared and then synchronised with the Master Data server. This causes additional costs and also takes up unnecessary time. Dun & Bradstreet offers excellent solutions for every need.
So that the management of your Master Data functions smoothly, appropriate foundations must be laid. These include, among others, the Master Data consolidation and the Master Data harmonisation: Consolidation is the process of cleaning up and enriching with additional information. The merging of the individual Master Data of the same projects, which may have different identification features, is harmonisation. This includes, among other things, the development of a reporting system that should be uniform for all business processes and partners. With this uniform database, you ensure clarity and uniform control across all the different departments, from administration to project management and logistics.