Overview
Newgen Master Data Management ensure data and information consistency across all channels, applications, and third-party systems by curating and managing your master data. Provide users with the capability to establish, supervise, and remove master data tables as per their business requirements. Centrally administer enterprise data by implementing data governance policies across different organizational sectors and operations, thus standardizing crucial enterprise data to extract essential business insights.
Key Features
- Complete Process Automation
End-to-end business flow automation for standard chart of accounts (SCOA) codes, various tax codes (GST, SGST, and IGST), exchange rates, and fixed asset masters
Better turnaround time for data management requests - Data Checks and Consistency
Multi-level approvals of master data update requests
Ensured data consistency between all applications holding related masters - End-to-end Process Visibility
Unified interface for all master data operations
Complete visibility into master data status and management processes - Contextual Communication
Real-time dissemination of information and update of master data across the system
Relevant and timely communication to stakeholders - Comprehensive Auditing
End-to-end audit trails for improved monitoring and compliance
Centralized and web-based audit facilities - Integrated Data Management Workflows
Tight integration for push and pull operations with ERPs and third-party systems
Add, delete, modify, block, unblock, and/or post validations and approvals at any point in the workflow, while simultaneously updating the master data to the ERP, CRM, or any external system