Why master data governance matters

Murugananth Chockalingam Partner, Advisory, PwC Switzerland 03/04/23

The past few years have seen a surge in technological trends that have one thing in common: they all heavily depend on the quality and reliability of data. Companies must now shift their focus towards master data governance to pave the way for a successful and lasting business transformation.

Over the past few years, we’ve observed an explosion in data generation and consumption as a consequence of technological progress. While advancements in AI and machine learning, for example, provide companies with groundbreaking possibilities, they also require companies to operate smoothly to translate them successfully into reality. This is also true for mergers and acquisitions, where large master data sets need to be consolidated.

If not addressed strategically, companies can see themselves confronted with a decentralised master data landscape consisting of incomplete, inconsistent, and outdated data. As a result, businesses might lose bargaining power with their suppliers, be confronted with warehouse inefficiencies, poor customer management, or a lack of compliance.

Reaping the benefits of an effective master data governance

As companies are increasingly focused on how data can provide a competitive edge, excellence in master data governance becomes an urgent and strategic objective. The SAP Master Data Governance solution addresses current challenges and unlocks the true value of businesses’ master data by creating a single source of truth. Advantages include effective data quality management, permanent data consistency, and serving as a first step of your S/4HANA journey.

«We are your trusted advisor for SAP Master Data Governance projects. Our experts guide you throughout the whole journey from strategy to technical implementation, thereby leveraging the know-how of our diverse local team of SAP MDG certified professionals and experts from our global PwC network. Moreover, our extensive experience and our accelerator toolbox guarantee a smooth and timely project delivery.»

Murugananth Chockalingam,Partner, Advisory PwC Switzerland

Ensuring a successful implementation

IT transformations are complex and require companies to rethink the status quo by addressing four strategic areas: organisation, technology, data, and people. The same can be said for master data governance implementations. Moreover, sound preparation and developing an implementation plan for all dimensions is key to take full advantage of the SAP Master Data Governance solution.

Learn how our end-to-end approach and our accelerator toolkit can help you on your journey toward a single source of truth: SAP Master Data Governance: from chaos to a single source of truth.