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    Automatic master data update

    Never outdated master data again

    Automated update processes

    Master data (also known as master data or reference data) contains all essential information (product, location, payment terms and connections, contacts, etc.) and therefore forms the basis for every business activity. Regular checks and updates are therefore necessary in order to avoid incorrect business decisions, inefficient processes and financial losses. However, incorrect data also has a negative impact on the informative value of evaluations and can lead to serious compliance risks. In addition, quality deficiencies in the data block digitalization and automation - gaps prevent end-to-end processes by causing an interruption. Clean master data in ERP as a single point of truth is therefore the necessary oil to ensure that supplier relationships run smoothly!

    Clean master data pays off

    Master data management is a challenge that is critical to the success of every company. Digitization and automation provide significant support in mastering this challenge. One leverage point for clean master data is the integration of suppliers. According to studies, professional, automated systems can achieve noticeable success:

    - up to 50 % shorter throughput times

    - 80 to 90 % lower error rates

    - 1 to 2 % increase in turnover

    - 2 to 5 % lower costs

    - Advantages in production and production control

    Making master data maintenance easy: with DIG

    With regular, automated queries to suppliers, the effort required to maintain master data is reduced to almost zero. And the process is extremely simple: suppliers receive an email with a link to the workflow, in which they can check their own master data on a self-explanatory platform and correct it if necessary. If new data is entered, the purchasing department receives a corresponding message requesting verification. After approval, the data automatically flows into the ERP system and enriches the vendor master data. All changes are archived on the platform in a traceable and transparent manner via the history, so that fair play with suppliers is guaranteed.

    How to achieve perfectly maintained master data

    We would be happy to show you how you can use automation and digitalization to get a handle on master data maintenance, which is critical to success!

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