For today’s finance teams, trust in data isn't optional—it’s the foundation of financial reporting, forecasting, and compliance. But in many organizations, the critical metadata that supports these activities—like cost centers, legal entities, charts of accounts, and scenario mappings—is being managed in tools that were never designed for Finance. As organizations grow more complex and financial...
For many CFOs, the thought of implementing a new Master Data Management (MDM) solution comes with concerns—particularly around the complexity of ownership and maintenance. Many finance leaders have experienced firsthand the frustrations of IT-heavy solutions that require technical expertise beyond their teams’ capabilities. At EPMware, we’ve designed our platform to be different—one that finance...
Our technology-driven business environments are becoming more and more complex. In fact, it’s not uncommon for a company to rely on dozens of different business applications and systems (if not more), with each generating its own set of financial master data, such as chart of accounts, customer & vendor information, transaction histories, and financial reports. Without centralized master data...
When most people talk about metadata they are referring to descriptive metadata, which provides basic information about a resource (such as title, author, date, description, format, language, or keywords) and is primarily used to search, browse, sort, and filter information about a given resource.
Master data management (MDM) is a business discipline designed to consolidate scattered, disconnected, and unstructured data into a single, consistent source of truth that can be applied to business processes and decision-making across an organization.
From applications to system logs, financial reports, and human resources information, businesses are constantly generating, collecting, and organizing data to operate in today’s global digital economy.
Oracle Enterprise Performance Management Architect (EPMA) is a module inside the Oracle Enterprise Performance Management (EPM) suite that is used to manage metadata, such as hierarchies and structures, across various EPM applications. However, once finance teams upgrade to Oracle EPM suite 11.2.x, EPMA is no longer included in the toolset.
Today’s enterprise-level finance departments are highly complex, relying on dozens of business process-specific applications to manage everything from accounts receivable to zero-based budgeting strategies.
Data has become the force driving today’s business strategies, which means data isn’t just for data scientists anymore. Whether your role is finance, sales, marketing, IT, or customer service, access to consistent, reliable data is a critical factor in your ability to do your job effectively and make strategic decisions. In larger organizations, data has a tendency to become siloed within...