Precisely, renowned for its leadership in data integrity, recently unveiled exciting updates to its EnterWorks software, now integrating master data management (MDM) with the Data Governance service within the Precisely Data Integrity Suite. This enhancement empowers organisations to relate master data comprehensively with policies, objectives, and metrics, fostering increased visibility, accountability, and compliance across various sectors.
Existing MDM deployments primarily aim to establish a reliable data version across diverse domains such as products, suppliers, and locations. However, many organisations face challenges with accessing and consistently applying this data across their business units and partners. The integration into the Data Integrity Suite’s Data Governance service bridges this gap, allowing teams in IT and other business functions to effectively discover and interpret essential data.
"Too many organisations have invested in MDM initiatives, only to find the value falls short when teams can’t easily access or apply master data in the right business context — and with today’s focus on AI, that gap results in a serious competitive disadvantage," shared Cameron Ogden, SVP of Product Management at Precisely. "By making the invisible visible, creating a common business language, and applying AI to automate tasks such as asset descriptions, customers can strengthen audit readiness, realise ROI, and ensure their data is trusted and ready to fuel advanced analytics and AI initiatives."
Beyond the integration update, EnterWorks now boasts a revamped user interface, featuring visual improvements across dashboards, repositories, and record details. This redesign aligns with the Precisely Data Integrity Suite and fosters a seamless user experience, thereby simplifying onboarding processes and encouraging wider adoption of governance-compliant data practices.
These advancements hold particular significance for sectors with strict regulatory standards, including retail, consumer packaged goods, manufacturing, oil and gas, financial services, and healthcare. Organisations can achieve several key benefits:
By consolidating MDM and data governance solutions from a single vendor, Precisely demonstrates its dedication to offering integrated solutions that enhance data integrity throughout every phase of the data lifecycle, empowering organisations to spearhead transformative and reliable AI and analytics initiatives.