Benefit from SAP Master Data Governance on SAP S/4HANA 2020

Category: SAP MDG Posted:Nov 27, 2020 By: Serena Josh

Product Overview

SAP Master Data Governance on SAP S/4HANA is a highly integrated application suite for enterprise master data management that business can use for numerous implementation models and use cases:

  • Central governance of master data indicates that you centrally create or change master data in workflow within a staging area in which you complete the data based on business guidelines and validations and manual expertise from domain specialists. When a master data document has passed the process and is accepted you can distribute it across the enterprise landscape.
  • Consolidation of master data implies that you determine duplicates in de-centrally owned and distributed master data, manage the key-mapping details, and acquire the best document for additional use in business analytics or downstream business procedures.

Data Quality Management enables you to proactively monitor and manage the quality of your master data and resolve issues directly from within the application.

Additional features consist of:

  • Mass Handling which allows you to execute bulk changes in master data based upon a governance pattern
  • Process analytics helps you to track the efficiency of the master data processing tasks with MDG
  • Deep integration with other SAP applications and transparency to third party offerings is a key differentiator of SAP MDG.

MDG Innovations with SAP S/4HANA 2020

SAP Master Data Governance on SAP S/4HANA 2020 brings innovations according to the capacities detailed above. Let me provide you with a few cases:

Central Governance

Central Governance includes numerous enhancements, the majority of which requested by customers joining the SAP Customer Connection program *. These include:

  • Improved handling for central deletion and for blocking messages for a business partner, provider, and  client data
  • Improved change-request listing with customer data
  • Enriched MDG business partner data model and UI

For a closer look, concerning technologies in the area of business partner data and standard MDG framework, see:

  • Better efficiency for multi-record processing for materials
  • Improved product search
  • Improved messages in master data governance for materials
  • Better integration of product and BOM management processes

For a closer look, concerning developments in the area of material data, see:

  • New duplicate function for general ledger accounts

Improved process analytics in main governance

With procedure analytics on change demands, you can keep an eye on continuous governance processes and also recognize and deal with process fields` and also bottlenecks. It has been enhanced by giving:

  • Out-of-the-box analytics of change demand job things
  • Framework making it possible for master data experts to analyze change demand procedures by master data qualities and business data

Consolidation and Mass Processing

There are the extensive scope and enhanced process and quality control in consolidation and mass processing of Business Partner and Product data:

  • Increased process control with authorizations based upon process-step level and the applicability of a strict 4-eyes principle (significance that nobody involved in previous process steps can continue to be involved in the upcoming steps of the integration run).
  • Extended data model security in Business Partner (Credit Monitoring).
  • Use of guidelines from the data quality management element in the validation and activation actions.

Data Quality Management

The extended use of data quality management in master data processes includes:

  • Ability to export and import data quality rules.
  • Reuse of a single rule implementation for multiple master data processes such as consolidation and mass processing.
  • Enablement of data quality analytics in SAP Analytics Cloud.

Integration of Master Data

Providing premium, consistent, supplier master data by making it possible for end-to-end processes, beginning with the request and qualification of a brand-new supplier, proceeding with buying action in functional ERP software, and Master Data Governance hub for enhancing the master-data quality of distributors includes now:

  • Best-practice combination scenarios making it possible for the maintenance of supplier information in SAP Ariba Supplier Lifecycle and Performance (SLP) and SAP Master Data Governance. For an in-depth summary about how to use SAP Master Data Governance for Supplier and SAP Ariba SLP in various integration situations, see the documentation on SAP Help Portal.

Summary

This list offers an overview of developments that include S/4HANA 2020 in the field of master data governance. I hope they are valuable for your service. For a better view, you can also examine the SAP Roadmap Explorer (filtered for SAP Master Data Governance on S/4HANA).

Our article is a great area to get going when it comes to learning more about the power of SAP MDG. Also, if you want to learn more, we are here to help you. We hope we covered all the topics related to data management using SAP MDG. For questions or added info on this subject, you can visit our website.

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These are the related articles that you can check

  1. All You Need to Know About: SAP MDG Data Modeling Basics 
  2. RECENT INNOVATIONS IN SAP MDG 
  3. SAP Master Data Governance(MDG) Solutions 
  4. Managing Data Made simpler with SAP MDG 
  5. Data Modeling made easy with SAP MDG for Financials

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