Kalido, a leading adaptive enterprise data warehousing software provider, has announced a powerful application for master data management (MDM) to help dramatically improve the quality of enterprise-wide performance analysis, management and compliance. A major component of the new KALIDO 8 application suite release (KALIDO 8 Release 2) just launched, Kalido's latest MDM application (KALIDO MDM) enables business users to overcome the fractured enterprise reporting and costly errors caused by inconsistent and inaccurate references to information such as financial indicators, customers, products and suppliers.
"Master data" is information such as customers, brands, suppliers, financial indicators - subject areas which are analyzed to gauge enterprise-wide performance, such as global sales by individual customers or total spend with a single supplier across all territories. However, as this information is typically stored in multiple enterprise resource planning (ERP) and other operational systems, and with differing codes and coding structures, efforts to aggregate views of enterprise performance are often inaccurate and delayed.
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