CDQ's Data Quality Solutions Improve Your Customer & Supplier Master Data in Three Stages
It is the typical starting point in almost every enterprise: Data is managed in silos, and data quality is an in-house challenge. Customer and vendor master data is widely spread across several systems and databases. The maintenance of data records is a manual and error-prone task that requires many resources. Duplicates and outdated records are created daily and obstruct transparency.
To tackle these problems, CDQ offers Data Quality Solutions geared at different needs, all building on our Data Quality as a Service (DQaaS) cloud platform. Companies who embrace Data Sharing and thus better data quality typically embark on a 3-part journey:
Our Data Quality Solutions Stages
Data Quality Improvement - Working with Your Data as it Currently is
Data Quality Profiling - Know Where You Stand!
Companies receive 100% transparency on their data quality by checking their data using 1,700+ Data Quality Rules, resulting in detailed reports. The rules were built up over time in our sharing community, and are continuously expanded in order to automatically identify and curate data defects.
Duplicate Identification - Take Out the Typical 20% Double Entries
Using machine learning technology, our cloud-based automatic duplicate checker identifies and removes double data sets precisely. Our customers typically have up to 20% duplicate entries in their customer and supplier data bases, undermining sales reporting and your purchasing power.
Open Data Enrichment - Complete Your Records with Public Data
CDQ has connected its DQaaS cloud platform Data Quality Tools to dozens of the world's most important public data sources, like trade registries from various countries. Access this reference data pool to enhance your own data records.
Address Cleansing - No More Missing Zip Codes
Get access to global address data reference sources to ensure addresses are easily identified by suppliers and transport companies. Make sure that zip codes, cities and streets match up, in pretty much all countries of the world.
SAP Business Partner Lookup - Enjoy CDQ's Integration into the SAP Data Enrichment Cloud
The CDQ Business Partner Data Lookup app makes master data import simple when using the SAP S/4HANA Cloud for Data Enrichment. Get high quality business partner data, directly integrated into MDG.
Proactive Data Quality - Be Notified When You Should Change Your Data
This stage includes all data quality solutions of the first level, plus some features that alert you when some of your data should be updated:
Data Quality as a Service (DQaaS) - the Clean-up Never Stops
We look after your data and ensure that it is continuously monitored, updated and improved – we know which customers and suppliers you do business with, and alert you if any of their information changes.
Data Mirror - Your Single Source of Truth for Master Data
This special feature brings together all the databases spread throughout your company, making it easier to validate, curate, consolidate and enrich your data continuously. At the same time, you retain control – you decide when a record is ready to be changed!
Open Data Monitoring - Checking Public Sources for You
We connect you to updates from numerous trustworthy Open Data reference sources around the world.
Premium Data Enrichment - Buy from Special Data Brokers, One Record at a Time
Sometimes your need for data doesn't stop at the publicly available master data items. CDQ has partnered up with several providers of premium data to offer the best hierarchy information, sanctions lists, etc. directly from your DQaaS platform.
Real-time API Access - Access the DQaaS Platform from Within Your Systems
Import updated, cleansed, or enriched data records directly into your ERP or CRM system without manual workflows.
Shared Data Quality - Tap into the Wisdom of the Data Crowd
Includes all services of the first two levels, plus these features:
Community Exchange - Meet the Experts, Pose Tough Questions
The members of our Data Sharing Community exchange not only business partner data, but also high-level expertise and know-how on all aspects of master data management. In quarterly workshops, the experts of our network are constantly driving data sharing forward, and look forward to learning about your problems!
Community Data Monitoring - Share Hand-validated Records with Each Other
The companies within our Data Sharing Community are sharing validated records with each other, resulting in highest quality levels with far more efficiency. This way, the burden of data maintenance is distributed across several shoulders.
Community Fraud Prevention - Join Up With Peers to Protect Each Other
Invoice fraud is a growing problem. Our Sharing Community Members look out for each other: they use our cloud platform to score and identify reliable bank accounts. They also alert each other of new Invoice Fraud attempts.
Data Quality Solutions: All Stages at a Glance
Bayer uses CDQ's Data Quality Solutions to Consolidate Business Partner Data After Monsanto Merger
"When Bayer and Monsanto merged in August 2018, we had to consolidate a decade of vendor and customer data from two companies into one database. Both companies were probably selling to the same customer and we need to ensure a smooth one face to the customer. CDQ helped us with their cloud-based solution in record time. They analyzed over 1.3 million records, suggested quality improvements, pointed out double entries, and ran a series of workshops where we tackled one region after the other. In total, we eliminated over 80 thousand duplicates and improved data quality in over 1 million records in a time span of 10 weeks.
A merger of this size needed the best data management approach we know. With CDQ, we could deliver against much faster and much better! We are happy to embark on the next part of our data quality journey with them!”."
Gerhard Gripp, Global data lead - M&A, Bayer Business Services GmbH
Leading Companies Already Rely on Our Data Quality Solutions
How to Get Started with CDQ's Data Quality Solutions
When you are ready for better business partner data, starting is easy. Schedule a demo. Send us some data, we map it and let you know how much improvement we can offer. Test-drive CDQ’S capabilities with one of our evaluation memberships. Talk to one of our customers and learn about their benefits!
Just let us know how we can get in touch with you. Our data management experts are available to you at any time. Of course, we will gladly call you back at the time of your choice.