Master Data Management – Why It’s Essential For Your Organization

What Is Master Data? Master data is key information that is critical to the operation of a business. In other words, it encompasses the key business entities like customer, product, employee, vendor etc. Master data should not be confused with transactional data or the data in a data warehouse.  OLTP takes care of the daily operations/ transactions of an organization. These are action details or in other words verbs like in grammar. Master data has… read more →