Bad Master Data – Explained
By Kristen Mery on Aug 13, 2019
Everybody knows Master Data is important. In fact, in recent years most organizations have agreed that master data is a strategic asset. We also know that when master data is not right, the consequences can be costly. According to Gartner, poor data quality costs organizations an average of $13.3M per year.
If we know all this, why is so much master data still bad?
And why does it take so long to create and change? Well, there’s a lot of it, and in many organizations only a fraction of the master data is proactively and efficiently managed. Most companies focus on materials, customers, vendors, and finance. But what about BoMs, Routings, Purchase Info, Employees, Equipment, Costings, Assets…the list goes on and on.
Unfortunately, most master data is still entered the old-fashioned way – manually, via the SAP GUI. But the good news is, there’s a better way!
With Winshuttle, you can improve data quality and accelerate business processes across your SAP landscape, not just materials, customers, vendors, and finance, with automated solutions that eliminate manual data entry via the SAP GUI. Business teams (the owners of the data) can use SAP-enabled Excel workbooks or web forms to work faster and get data right the first time.
Want to know more? We have a fun new video that details how you can easily improve all your SAP master data and make a huge impact across the organization.
It’s time to get our acts together. Let’s move forward with not only the knowledge that we need clean master data, but with the tools to get our master data right the first time, and keep it right.
About the author
Kristen leads the Americas marketing team at Winshuttle including demand generation, channel, and field marketing. She is passionate about connecting organizations with Winshuttle’s leading data management solutions, and creating memorable customer experiences.
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