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Centralized Master Data Management

The processes or transactions happening in a business always involve a certain set of entities or concepts. Depending on a business’s line of operation, these entities may differ, but generally, they include the following data assets:

• Product
• Price
• Location
• Other

• • Employee
  • Customer
    
  • Vendor
  • Supplier
  • Contact
  • Accounting item / Invoice
  • Policy

These items are usually termed as master data. All tasks, processes, or transactions being performed in a business involve one or more of these master data objects.

This definition highlights the core master data management features:

1. Data integration (involves data capture, transfer, consolidation, etc.),
2. Data quality management (ensures data quality metrics, such as data accuracy, completeness, validity, uniqueness, consistency, and timeliness).
3. Data governance (defines data access control, sharing, provenance, etc.),

Guide:

Centralized Financial Management

Centralizing financial accounting and financial management works of the enterprise group in a unified way under the network environment. It changes financial management environment and management concept of enterprise group, broadens range and content of financial management and poses new challenges to financial management of the enterprise group along wide application of information technology. This paper describes connotation of financial centralized management of enterprise group, analyzes advantages of financial centralized management and discusses problems to be noticed in strengthening financial centralized management of the enterprise group.

All-in-One Business Center

1. Supplier Portal and Tender Submission process for sourcing

2. Customer Portal and E-Commerce, F-Commerce and Mobile Apps

3. Employee Portal with Recruitment to Exit Management Operation

4. EOI for Supplier and Consultants and Vendor Selection Process.