What are the business requirements for master data governance?
Finally, it is important to understand the business requirements for governing the master data in order to determine the requirements for master data availability, usability, integrity and security. For instance, the procurement department will require a high degree of integrity for vendor and contract data, and will need to be able to make this data available to procurement agents in real-time. The contract negotiation team, on the other hand, may require the same degree of data integrity, yet not in real-time. Similarly, the sales team would have a requirement that only sales managers are able to perform sales force alignment, while sales representatives only have access to information for their assigned territory.
