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Posts Tagged ‘Central Master Data Management’

Exact Central Master Data Management is now generally available

Written by Richard Smits on . Posted in Exact Globe, Exact Synergy

We are pleased to announce that after an extensive controlled release period Exact’s solution for centrally managing master data for multiple divisions is now generally available. Exact Globe customers with multiple divisions that are dealing with cross divisional related master data can make use of the Central Master Data Management (CMDM) solution. Although being a topic on the agenda of many international operating companies, local operating companies with multiple divisions can also benefit from implementing Exact’s CMDM solution.

Companies with multiple divisions have a challenge in managing data across these divisions and facilitating companywide compliance and a foundation for consolidated management reporting and analysis. Besides that, being consistent in the way master data is set up facilitates effective collaboration between individual divisions by sharing available capacity, knowledge, resources, products and even customers or suppliers, leading to better overall results for the group. This leads to a need for CMDM.

Our offering

Exact CMDM makes it possible to manage the following entities “Accounts”, “Items”, “General Ledgers Accounts” and “People” as per Exact Globe product update 403/ Exact Synergy Enterprise product update 248.

Benefits

  • In control over divisional risk and results.
  • Compliance on company standards.
  • Workflow management for creation and maintaining master data included.
  • Offering blueprints for business processes.
  • Work together increasing efficiency and avoid redundancy where possible.
  • Facilitate consolidated reporting and consistent local reporting for better decision making.
  • An in-house Exact solution that synchronizes between Exact databases.
  • Including Exact business logic reduces implementation time and eliminates database (update) related constraints.

For whom

  • Companies with multiple divisions that share related master data.
  • Exact Globe customers with multiple divisions that share related master data.
  • Exact Globe customers with multiple (country) licenses.

For more information about the CMDM solution, please refer to our videos.

Should you have any questions regarding our Central Master Data Management solution, please comment on this blog post.

 

People supported in Central Master Data Management

Written by Richard Smits on . Posted in Exact Globe, Exact Synergy

Over last year we’ve been busy developing Central Master Data Management solution (CMDM) that allows you to create a structured process for entering and maintaining information at a central location. As a result, you have a clear overview of your entire organization’s information that can be used for company-wide decision making. With each product update we enabled CMDM for additional entities within the software. CMDM already supports accounts, items and general ledger accounts, and as of Exact Globe product update 403 and Exact Synergy Enterprise product update 248 you can also centrally manage people.

To find out more about synchronizing people from Exact Synergy Enterprise to Exact Globe, please watch the video below (you can also find there other videos related to CMDM solution).

Next to the video you can also read the release note.  Should you have any questions about Central Master Data Management, please comment on this blog post.

Exact Globe product update 403 is generally available

Written by Michiel Dorjee on . Posted in Exact Globe

As of today, Exact Globe product update 403 is generally available, which marks the end of the controlled release period which started in the mid of December 2011.

In Exact Globe product update 403 we have built localization improvements for a vast variety of legislations including: Germany, Belgium, Italy, Portugal, Slovak RepublicRussian Federation and Thailand. We also continued to develop features for electronic banking, please check this document under tab ‘banking’. Moreover, we have extended functionalities that support your legal requirements and business standards with a number of new features, among others:

Exact’s Warehouse Management Solution has been enhanced with a recount functionality that comes in handy when stock differences are too big, and auto fill picking queue and fulfillment that enable companies to pick sales orders without having to use the control center.

In addition, with Central Master Data Management (in extended controlled release) you can now easily centrally manage people, in follow-up of the earlier introduction of supporting accounts, items and general ledger accounts. Please watch this video to learn how to centrally manage people, you can also watch there series of videos about our CMDM solution.

In this product update we have also addressed a number of enhancements related to roles and rights as well as cash flow functionality in Exact Globe. Please check this document for more information.

We have also developed numerous features that are based on a direct feedback and suggestions from our customers:

For a full overview of all new functionalities, please refer to the release notes for product update 403 and the Product Update News page.

Should you have any questions regarding this announcement, please do not hesitate to comment on this blog post.

General Ledgers in Central Master Data Management

Written by Richard Smits on . Posted in Exact Globe, Exact Synergy

Managing data across multiple divisions can be a challenge. With Central Master Data Management you create a structured process for entering and maintaining information on a single platform, reducing redundancy and eliminating information silos. To follow earlier introductions of Central Master Data Management for Accounts and Items, we are happy to inform me that as of Exact Globe product update 402 CMDM supports now also General Ledger accounts.
 
Please check the release note to find out which general ledger account fields can be synchronized.

In the video below you can see how Central Master Data Management for General Ledger accounts works in action.


If you have any questions regarding this functionality, do not hesitate to comment on this blog post.