AI, automation, and analytics are the ‘three A’s’ dominating every conversation in the SAP world. Rightly so. Every business wants to be “data-driven”, and we have all agreed that’s a no-brainer. But whilst many organisations and, indeed, SAP partners talk about them in isolation, in the cold light of day, the truth is none of these innovations will deliver real value if your master data isn’t properly managed and governed. Crucially, this is the part many are turning a blind eye to, and it’s the reason we need to talk about why master data matters.
The risks of ignoring master data are very real. Businesses can run smoothly for years, hitting targets and scaling operations, until one day they’re blindsided by financial losses, compliance breaches, or reputational damage. We’ve seen it happen to organisations as large as Public Health England and the UK’s biggest dairy producer. Both believed they had safeguards in place. Both were wrong.
The good news? Master Data Management and Governance doesn’t have to be a massive, costly project. With the right solutions and automation, data management and governance can be simplified, ensuring your business avoids the stress and expense of fixing problems later. Once again, this is why master data matters: it helps you avoid costly errors before they happen.
In this blog by Bluestonex, their experts explain why companies should take it seriously. Uncovering what emerging SAP innovations mean for your business, why master data matters, and how to take practical steps to protect your organisation from the risks of bad data. Along the way, we’ll share insights from our experts and real-world stories that highlight the cost of ignoring Master Data Governance.
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