Mastering your data for competitive advantage.
You may, over the years, have adopted various applications – ERP, CRM, HRMS, etc. In the process, critical master data might be stored as needed by each of these applications. Incomplete, inconsistent, repetition might exist. We can sort that out for you.
Lucid understand the risks involved in having multiple sources of inconsistent, incomplete and sometimes inaccurate data. In order to mitigate that risk, and strengthen your ability to make informed business decisions, we build for you the master data management system — an accurate singular view of important master data.
Our system creates a single ‘source of truth’ for use by all applications — encompassing all forms of data such as customer, product, account information etc.
Lucid’s expertise in the design and implementation of MDM solutions and supporting elements such as real-time data integration, data quality and dashboards helps synchronise and manage your master data effectively. Our business analysis and information management expertise ensure quick time to value. Lucid uses well-defined incremental implementation methodology for error free implementation while ensuring continuous customer engagement.
Typical components of our MDM architecture and the benefitting business processes.