Improving MDM process

Sometimes, adding a simple step (or changing the sequence) to supplier management may prevent data from being incomplete and inaccurate, thereby remove unnecessary workload downstream.

Datanovel advises on such opportunities. The most common examples are:

  • Adding actions for data actualisation whenever the supplier is revisited (e.g. when insurance extension is confirmed)
  • Improving the process of finding the existing supplier before onboarding a new one
  • Adding a tighter control on change requests for VAT number and contact details.

More on reducing workload:

Implementation of Datanovel recommendations allows a reduction of workload and cycle times throughout the P2P process, thereby leading to resources savings and improving supplier experience.