Breaking Down the Concept – What is Master Data Governance?
If you're managing vast amounts of business-critical data and struggling with inconsistency or duplication, you’ve probably asked, What is Master Data Governance?
At its core, Master Data Governance is the framework for defining and managing the policies, standards, roles, and responsibilities for handling master data across an organization. This includes everything from how customer details are captured to how supplier records are maintained and product information is shared across platforms.
The goal? To create a single version of the truth that can be trusted across departments and systems.
According to PiLog Group, effective governance ensures that master data is:
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Accurate and up-to-date
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Consistent across systems
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Secure and compliant
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Owned by the right stakeholders
It bridges the gap between IT and business functions and supports long-term strategic objectives like ERP implementation, digital transformation, and analytics.
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