​​An improved data economy​

Master data management and governance in auditing

A leading global enterprise in the auditing industry aimed to significantly boost process efficiency through a comprehensive data strategy program. By implementing master data management and governance, the company sought to centralize critical data and ensure its accessibility to all stakeholders across the organization.

Woman and men are analyzing a dashboard on a monitor.

Challenge

Our client, a global auditing enterprise, wanted to enhance process efficiency by developing a centralized data strategy and providing stakeholders with unified data access.

Consulting approach

valantic conducted workshops to analyze requirements, implemented a master data management tool, and established comprehensive data governance structures and processes.

Client benefits and solution:

The client now benefits from a centralized data platform with well-defined governance roles, leading to improved process efficiency and enhanced data quality across the entire organization.

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The Challenge in Detail:

A data strategy program is set to enhance process efficiency in the future, providing all stakeholders with access to essential data through a standardized platform. As an experienced strategy partner, valantic supported the development of governance structures and the implementation of master data management tools.

business meeting

Consulting Approach:

The success of the project was driven by the following measures: 

  • Conducting workshops to identify master data management and data economy requirements based on ongoing projects and programs 
  • Selecting and implementing the appropriate master data management tool 
  • Developing a roadmap for integrating future projects 
  • Defining and establishing data governance roles, structures, and processes 
  • Specifying data quality requirements for the company-wide data platform 

Your Contact

Laurenz Kirchner, valantic

Laurenz Kirchner

Partner & Managing Director

Division Digital Analytics & Strategy