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Master Data Management

The Role of Financial MDM in Mastering Enterprise MDM

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.
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Common Misconceptions About Financial Master Data Management

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.
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Oracle

Head to Head: EPMware vs. Oracle DRM for Enhanced Master Data Management

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.
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Oracle

10 Things to Know About Converting to EPMware from EPMA

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.
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Master Data Management

Why It's Important to Have a Single Source of Truth Across All Your Enterprise Data

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...
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Success Story

How Honda’s Finance Transformation Team Drives Improvements to Enterprise Master Data Management

As a global leader in the manufacturing of automobiles, motorcycles, and power equipment, Honda’s finance transformation department depends on data sourced from many different divisions and business lines. Because the company produces a broad range of products, it’s easy for master data to be siloed within these divisions. This creates a lack of alignment across the organization.
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Success Story

EPMware’s Real-Time Validation Helps Excellus BlueCross Blue Shield Protect Data Integrity

According to research conducted by Accenture1, 88 percent of corporate data never gets analyzed. This means that in today’s data-dependent business environments, many large corporations—including insurance providers—aren’t getting any value from the massive volume of data they collect.
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OneStream

EPMware or OneStream ACM? When Should I Choose Which?

It’s mission-critical to control and govern financial metadata change requests. Any deviation can have a severe impact on the integrity of your audits, analytics, and forecasts across multiple systems.
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Master Data Management

Why Master Data Management is Important

In today’s data-intensive enterprises, data redundancy and inconsistency isn’t just a symptom of poor data management; it’s a prescription for untrustworthy analytics and useless business intelligence.
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