Master Data Management
Reduce errors by centralizing data in a single, shared repository for products, customers, vendors, employees, etc.
- Particular warehouse management definition for each product (management of stock, tracking ability).
- Measurement units, conversion between units, variable weight units.
- Price lists. Definitions of rates with differentiation (for example, from sales rates to purchasing rates).
- Rates. Price rates, applicable prices, price limits, specialized rules for applying prices to purchasing and sales
- Product indexes: product types (item, service, cost), with specialized management for each.