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Use Cases

Master Data Management with exmon

Daniel Thyrring9 Jan 23 • 2 min read

Blog > Use Cases

Master Data Management with exmon

58% of people say their companies base at least half of their regular business decisions on gut feel or experience, rather than on data and information.

The Challenge

How can businesses learn to trust their data, to not only optimise it within the bounds of policy and regulation but to also drive actionable insights and better-inform business decisions? 

The Context

Despite significant investment in data initiatives, many companies still base their decisions on gut instinct. The reason for this is simple – they don’t trust their data, their analytics, or both. 

Effective data management is required to ensure trustworthy data, and trustworthy data can only be achieved through master data management. 

The solution

While many businesses leverage standard data management solutions that are often only accessible by finance teams, the exMon platform offers master data management. This means that a central repository of data is created for all employees to use as needed. 

Businesses can manage their most valuable data assets using the exMon data management platform. All data is structured and stored in one place, creating ease of access, retraction and reporting. Managers can assign data responsibility to members of their team with ease, to ensure data is accurate, complete and up-to-date. 

The simple self-service portal is easy to use, enabling teams to manage, consume and report on complex data sets and processes to better inform business decisions.

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Daniel ThyrringChief Commercial Officer, Exmon Software

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