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Relationship between Master Data Management (MDM) and Application Data Management (ADM): A Language Analogy

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An ADM approach to MDM will yield the following results:

  1. Elimination of transactional errors in applications such as ERP, CRM, HCM, and SCM

  2. Timely, reliable, accurate, and complete information in Business Intelligence reports enables fact-based decision making

  3. Low cost of implementing and sustaining the MDM program

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