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Data Management and Record Linkage

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Business

Comparing and Matching Data in Excel: Why It Fails

Let’s take a quick look at how organizations attempt to use Excel for comparing and matching data, then discuss some of the problems this creates.
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Business

Why Use MDM Software? 5 Benefits of Implementing Master Data Management

In brief, MDM is a process and set of tools for consolidating and managing an organization’s most critical (“master”) data. This data is then cleansed, enriched, and made available to authorized users in a consistent format. And it yields tremendous benefits for companies who implement it properly.
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Business

Types and Uses of Record Linkage Tools

Software tools have been developed to automate the process of record linkage. In this article, we’ll take a look at the available types of record linkage tools, how they work, and some use cases for each.
Business

KPIs Analytics: Making Sense of Multiple Data Sources

How many data sources are you dealing with? How do they relate to one another, and what specific challenges are making it difficult to get a clear, big-picture view? In this article, you’ll learn how to make sense of KPIs from different data sources.
Business

Master Data Management Patterns: 5 Key Components

MDM is the process of creating and maintaining a consistent, accurate, and complete view of an organization’s critical data. It includes identifying, cleansing, and enriching data; governing its use; and synchronizing it across disparate systems.
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Business

The Benefits of Robust Data Matching

Incomplete or inaccurate data has a ripple effect across organizations, leading to decreased productivity, higher churn, and missed opportunities.
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Business

The Benefits of Master Data Management Consulting

MDM is a complex initiative, but one that can offer tremendous benefits to your organization – if it’s done right. Here’s how an MDM consultant can help.
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Business

How Machine Learning Overcomes Record Linkage Inflexibility

Machine learning offers an alternative approach to record linkage. Instead of using a rigid set of rules, machine learning algorithms can learn from data to identify which records should be linked.
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Business

Guidelines For Creating And Managing A Canonical Record Set

There are many benefits to having a canonical record set, such as improved data quality, reduced storage costs, and easier data management. In order to create and manage a canonical record, there are a few things you need to do.
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Business

3 Essential Master Data Management Principles For Every Business

If you’ve taken stock of your organization’s data management practices lately, you may have realized that there is a lot of room for improvement. Data is the lifeblood of every business, yet it’s often treated as an afterthought and handled in a loose, improvised fashion. 
Operational Mdm: The Cornerstone Of Efficient Business Operations
Business

Operational MDM: The Cornerstone Of Efficient Business Operations

If you’re looking for a way to streamline your business operations, reduce costs, and improve employee satisfaction, operational master data management (MDM) may be the solution you need. This system helps organizations keep their critical data consistent and accurate across multiple applications and databases, providing a centralized view of important information that can be accessed …

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Data Migration: Best Practices For A Smooth Transition
Business

Data Migration: Best Practices For A Smooth Transition

Are you preparing to migrate your organization’s data to a new storage solution? Data migration can be a daunting task, but it doesn’t have to be a nightmare. With careful planning and adherence to best practices, you can ensure a smooth and successful transition. In this article, we’ll cover the essential elements of a successful …

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Large Scale Migration Of Your Data: 10 Tips To Make It Painless
Business

Large Scale Migration Of Your Data: 10 Tips To Make It Painless

Large-scale data migration can be a daunting task, but with careful planning and execution, it can be made easier. In this article, we offer ten tips for a smooth migration, including thorough planning, automation, testing, backups, monitoring, downtime planning, data integrity verification, data cleanup, future-proofing, and documentation. By following these tips, you can make your …

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The Many Risks of Data Migration and How to Avoid Them
Business

The Many Risks of Data Migration and How to Avoid Them

In the digital age, data migration is a common and essential process for organizations upgrading or consolidating their systems. However, this process is not without risks, including data loss, corruption, unauthorized access, and downtime. In “The Many Risks of Data Migration and How to Avoid Them,” you will learn how to minimize these risks and …

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Cleaning & Normalizing Your Data For Better Insights
Business

Cleaning & Normalizing Your Data For Better Insights

Unlock the full potential of your data with Cleaning & Normalizing Your Data For Better Insights. Inaccurate, out-of-date or misleading data can cause 40% of company objectives to fail, according to a study of B2B businesses. Learn how to identify and correct inaccuracies and inconsistencies in your data through data cleansing and normalization. This essential …

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Software For Normalizing Data: What You Need To Know
Business

Software For Normalizing Data: What You Need To Know

Are you tired of dealing with messy, inconsistent data that makes it hard to gain insights and make informed decisions? Data normalization software may be the solution you need. This software can help you standardize your data, correct inaccuracies, and add missing information, all while integrating data from multiple sources.
ERP vs MDM: Which Is The Right Solution For Your Business?
Business

ERP vs MDM: Which Is The Right Solution For Your Business?

If you’re looking to take control of your data management practices, you may have heard of both master data management (MDM) and enterprise resource planning (ERP) as solutions. But which one is right for your business? In this article, we explore the similarities and differences between ERP and MDM and provide guidance on choosing the …

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The Difference Between Data Governance vs MDM
Business

The Difference Between Data Governance vs MDM

Data is the lifeblood of 21st-century organizations, and data governance and master data management (MDM) are two strategies used to manage data. Despite the similarity in their names, these strategies refer to very different concepts. Data governance is the overall framework for managing data, ensuring it is accurate, consistent, and compliant with organizational standards and …

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Employee Master Data Management: Benefits and Challenges
Business

Employee Master Data Management: Benefits and Challenges

In today’s fast-paced and dynamic business world, managing employee data effectively is more critical than ever. Employee Master Data Management (MDM) can help organizations maintain a centralized, accurate view of employee data, avoiding inefficiencies, errors, and delays. In this article, we explore the benefits of implementing employee MDM, such as improved data quality, increased efficiency, …

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Optimizing Your Erp's Master Data For Better Performance
Business

Optimizing Your Erp's Master Data For Better Performance

Optimizing Your ERP’s Master Data For Better Performance is essential for any organization that wants to stay competitive in today’s fast-paced business environment. This process involves cleansing, standardizing, and enriching your master data to ensure that it is accurate and reliable. By doing so, you can improve your ERP system’s performance, save time and money …

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How To Optimize Location Master Data Management
Business

How To Optimize Location Master Data Management

How to Optimize Location Master Data Management is a comprehensive guide to managing location data, from identifying and cleansing to enriching and maintaining data over time. Organizations face unique challenges when it comes to location data, such as inaccurate or incomplete data, and data spread across multiple systems. The article provides valuable insights on how …

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Master Data Management & Machine Learning: How ML Can Improve Your Data
Business

Master Data Management & Machine Learning: How ML Can Improve Your Data

In today’s data-driven world, managing organizational data can be a messy and tedious task. However, Master Data Management (MDM) is a process that helps organizations manage their most critical data, providing a single, accurate, and consistent view of data needed for core business decisions. Increasingly, organizations are turning to machine learning (ML) technology to power …

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10 Customer Master Data Management Best Practices For A Successful Business
Business

10 Customer Master Data Management Best Practices For A Successful Business

In this article, the importance of customer master data management for a successful business is discussed. The article provides ten best practices for managing customer data effectively. These include defining data needs, identifying data sources, assessing data quality, establishing data governance, implementing data quality programs, creating a single view of the customer, implementing data security …

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Automatic Master Data Management: How to Automate MDM
Business

Automatic Master Data Management: How to Automate MDM

Learn about the benefits of automating master data management (MDM) using a software solution that is tailored to your organization’s needs. The article discusses two types of MDM automation – process automation and data management automation – and how they can be used together to create a fully automated MDM system.
Master Data Management In Healthcare: Benefits & Challenges
Business

Master Data Management In Healthcare: Benefits & Challenges

In this informative article, learn about the advantages of implementing a master data management strategy in healthcare, including improved data quality, more efficient coordination of care, enhanced privacy and security, and cost savings.
Master Data Management Implementation: Best Practices
Business

Master Data Management Implementation: Best Practices

Are you looking for an efficient way to manage your most critical data? Master Data Management implementation is the answer. With its goal of creating a single, authoritative source for all key data elements, it can help organizations make sound decisions and reduce costs.
How To Select The Right Master Data Management Framework For Your Organization
Business

How To Select The Right Master Data Management Framework For Your Organization

Master Data Management (MDM) is crucial for organizations that want to ensure data accuracy and consistency across all their systems and applications. However, with so many MDM frameworks available in the market, selecting the right one for your organization’s specific needs can be overwhelming. This article will provide you with a comprehensive guide to choosing …

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