Experts to discuss Contemporary Master Data Benchmarks, Strategies & Solutions

June 14, 2011 - PRLog -- PRINCETON, N.J., June 15, 2011 - Zynapse - a division of Zycus that provides Master Data Management Solutions for ERP projects, announced today that it is collaborating with SAPinsider to provide a platform for a panel of industry experts to shed light on the subject of Contemporary Master Data Benchmarks, Strategies & Solutions at 3 pm EST on Thursday, June 30, 2011. REGISTER NOW!

Addressing the audience will be Nathaniel Rowe from Aberdeen and William McKnight from McKnight Consulting for a virtual fire-side chat as they discuss the current MDM market, the strategies for best-in-class organization and solutions to overcome contemporary challenges for enterprise excellence.

A new study on Turning Pain into Productivity with Master Data Management published by Aberdeen Group, a Harte-Hanks Company , shows that top performers in keeping their master data clean, accurate, and available were able to manage
•         5% increase in new products that met their time, volume and quality targets
•         18% reduction in raw material inventory levels
•         7% improvement in inventory turns achieved from ERP implementation
•         12% growth in profitability (operating margins) in the past 2 fiscal years
•         9% growth in product sales in the past 12 months

At the web event Nathaniel will present the findings from the benchmark study and highlight why when master data is incorrect or incomplete, it negatively impacts business decisions and day-to-day operations. Even worse, by the time such errors are discovered, the damage is usually already done

William will cover the major master data management challenges and provide action items to be done for immediate business functions, as well as for planning the future phases of your master data management journey, starting with tips on the business justification process and moving into the project challenges of methodology, governance, organizational change management and data quality.

All registrants are entitled to a complimentary report "From Database to Shop Floor: The Impact of Master Data Management" by Aberdeen worth $399! Click Here to register for this event.

About Zynapse

Zynapse, a Zycus division, is the Master Data Management (MDM) division of Zycus, which provides solutions for ERP projects. Zynapse is the only player to offer end-to-end automated ERP MDM solutions. Zycus' Artificial Intelligence (AI) driven automated solutions are used by more than 80 of the Fortune 500 customers to optimize their supply spend and supply management processes.
In recent years, many global organizations have taken initiatives to harmonize and manage their master data to ensure the success of their ERP consolidation/upgrade projects. After experiencing sub-optimal results with conventional approaches, an increasing number of Global 2000 companies are opting for Zynapse's cutting-edge automated solutions to ensure success of their MDM initiatives. For more detail visit www.zynapse.com

Press Contacts

Nupur Agrawal
PR & AR, Zynapse
Nupur.Agrawal@zycus.com
Direct: +91 9870327018

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Zynapse, a Zycus division, is the Master Data Management (MDM) division of Zycus, which provides solutions for ERP projects. Zynapse is the only player to offer end-to-end automated ERP MDM solutions.