Finance leaders have progressed beyond reactive reporting toward proactive decision-making, making master data quality a fundamental strategic advantage.

To help safeguard their supply chains against future unpredictable events, organizations can implement a master data management (MDM) strategy as a foundation for strong risk mitigation during times ...

Master files contain descriptive data, such as name and address, as well as summary information, such as amount due and year-to-date sales. Contrast with transaction file. See master data management.