Ensure data and information consistency across all channels, applications, and third-party systems by curating and managing your master data. Empower users to create, manage, and delete master data tables per their business needs. Manage enterprise data centrally by enforcing data governance policies across various organizational departments and functions, thereby standardizing critical enterprise data to draw key business insights.
Features of Newgen Master Data Management Software
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