Following MDM best practices can provide better decision-making, more streamlined processes, and improved customer interactions when implemented properly.
In the modern landscape of data-driven organizations, proper governance, and maintenance of accurate, consistent, and reliable data are key. Master Data Management (MDM) frameworks offer a systematic way of managing the important data of an organization, ensuring accuracy, consistency, and availability across the whole organization. Following MDM best practices can provide better decision-making, more streamlined processes, and improved customer interactions when implemented properly. This exposition explores the paramount practices for implementing MDM frameworks, aiding organizations in maximizing their data’s potential. For a broader perspective, see our guide on what is data governance.
