Every transaction in your organization is built on master data: products, customers, employees, suppliers, financial hierarchies or reference data. Accurate and consistent master data streamlines your operational processes and increases the quality of your reporting and analysis. EBX simplifies multidomain master data management by providing one way to manage, govern, and share all your master data.
Reference data is a special subset of master data that’s used for classification throughout your entire organization: postal codes, cost centers, financial hierarchies or countries. Whether the data is externally mandated or internally authored it’s unambiguous and non-negotiable. EBX is a single solution for managing and distributing your reference data. By centralizing control you ensure that consistency and compliance are maintained.
Supporting your data governance program requires more than spreadsheets and simple documentation tools. EBX supports every facet of your data governance program with a process-driven, governance repository to capture all your critical data elements, business terms, policies, rules and responsibilities. Data stewards, managers, users and data owners can collaborate through workflow-driven, intuitive user interfaces.
When your product master data requirements go beyond a simple product catalog, you need a solution that can keep up. You may have complex product models that have multidomain relationships with vendors, suppliers, or locations, or you may need to support regions, countries, or language adaptations. With EBX you only need one solution.
Your customers are only one of the parties you do business with. In the B2B world, relationships can get complex quickly when you’re managing more parties—suppliers, vendors, distributors, wholesalers, or counterparties. Don’t set up a multitude of party-specific solutions: use EBX. It’s a single solution for multiple parties.
Hierarchies represent relationships between your data assets—chart of accounts, customer segments, product lines, and organizational structure. For every standard hierarchy your teams create dozens—if not hundreds—of alternate variations, each representing a unique business perspective.
Taxonomies provide a standard way to classify things. Whether you need to develop your own classification scheme, for example, genres for your episodic content, or rely on public standards like SIC, SNOMED-CT, or XBRL/GAAP/IFRS, EBX provides a complete set of tools for taxonomy management.
As companies compete to acquire and retain customers in today’s challenging economy, a single point of management for all Sales & Marketing master data is critical. Accurate product catalogs, services and pricing; up-to-date locations and Point of Sale information; and channel synchronization--each are key to a successful Sales and Marketing organization.