Master Data Goverance

What is the difference between Master Data Goverance and Master Data Management?

Questions by sshadle

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  • Aug 8th, 2014

Management is an age-old term that is synonymous with ADD/MOD/DEL of Master Data (master data is those bits of info which dont change or change very rarely, for ex Customer details like Name, Address, demographics, etc) but Governance on the other hand talks about the processes & procedures employed to manage this master data. For ex auditing, rules engine maintenance, reporting, etc.

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