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Verdantis Harmonize

Verdantis Harmonize® for Automated Material Master Data Harmonization

Incomplete, inaccurate, unreliable and duplicate item data locks up a lot of potential value, especially when the data exists in different ERP/EAM systems, across different geographies and in multiple languages. Since 2004 , Global Fortune 2000 companies have trusted Verdantis to deliver item master data excellence to their business operations. Working with various industry leaders and system Integrators, we have developed and perfected our now-patented material data quality improvement processes. Verdantis Harmonize brings the power of Artificial Intelligence-based automated Master Data Quality improvement to end–user organizations. Harmonize encapsulates best practices learned over a decade across multiple industries and geographies and is offered in SaaS-based deployments. To deliver harmonized item master records, Harmonize takes item masters through the automated process of classification, data sheet definition, attribute extraction, attribute-UoM normalization, non-source enrichment and deduplication. As a SaaS-based product encapsulating domain-specific intelligence and templates, Harmonize has proven itself at several large enterprise. In addition to its self-service item data-quality tool use, many other customers who undertake material data quality initiatives choose our SLA-backed turn-key material cleansing services as well.

Benefits

  • 1

    Improved materials related
    personnel productivity

  • 2

    Reduce stock-outs related
    plant downtime

  • 3

    Better inventory control

  • 4

    Reduce inventory holding costs

  • 5

    Reduce cost of procurement

  • 6

    Increase procurement compliance

  • 7

    Rationalize spend and vendor base

  • 8

    Leverage reports for category
    level spend optimization

  • 9

    Source globally versus locally,
    to achieve higher volume discounts

  • 10

    Enhance ROI on ERP / MRP projects

Verdantis Integrity

Verdantis Integrity for Ongoing Material Master Data Governance

Several large enterprises work with us once in every 3-5 years to get their material data cleansed and to achieve an ROI boost from procurement cost savings and inventory optimization. However, more mature organizations realize that keeping material data clean after the initial cleansing effort is more effective over the medium term. For such mature organizations, Integrity acts as a Material Data Governance layer over their multiple ERP/MRP/ EAM systems. Built as a material master data governance specific tool, Integrity has best-in-class item search, dynamic workflows and built-in specification sheets to enable guided item creation requests and wizard assisted search. It prevents duplicate data by checking for duplicates at source of creation, and ensures that the material data retains its credibility for use . This is a master data governance application that integrates with leading ERP, MRP and EAM systems. It uses embedded AI technology on a real-time basis to prevent duplication at source, ensure permanent data integrity, and enhance search effectiveness. Plant-level users at thousands of plants look up or requisition parts seamlessly through SaaS-based Integrity.

Benefits

  • 1

    Find materials and parts quickly and easily

  • 2

    Provide unified view of disparate ERP systems/material masters

  • 3

    Prevent financial errors/frauds and improves control processes

  • 4

    Provide audit trail of changes to material master

  • 5

    Reinforce compliance by providing data credibility

  • 6

    Helps to establish taxonomy with new data coming in

  • 7

    Frees up data quality related trouble-shooting time

  • 8

    Enhance ROI on ERP / MRP projects

Get in touch

reach

103 Carnegie Center, Suite 201, Princeton, NJ 08540

call

(+1) 866 987 4463

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