A discipline and set of processes for creating and maintaining a single, consistent view of an organisation’s core business entities such as customers, products, and suppliers. It governs how master data is defined, stored, and shared across systems to establish authoritative records and support reporting, compliance, and operational consistency.
Semantic Classification
Content
- Master data management addresses the problem of the same business entity being represented inconsistently across systems. It establishes authoritative records, governance rules, and processes for reconciling and distributing them.
- It typically combines data governance, entity resolution, and integration tooling to maintain a trusted source of truth for key entities, supporting reporting, compliance, and operational consistency.