• PCM is a tool used to manage, predict, and monitor multi-year data projects, and avoid failure of programs.
• PCM updates businesses on compliance regulations and has the capability of saving businesses a lot of money, and therefore, data integration costs are greatly reduced.
• PCM allows businesses to work on governance of data that may have been put aside, and assists with service oriented architecture.
• PCM solves data issues with enterprise project management and projects of business intelligence.
Room for Improvement:
Purchasing this tool was quite expensive. It requires skills and knowledge to use it, as well as time, but you can start only with the attributes that you need.
PCM is a very important tool in creating a reliable customer data source that is centralized with no duplicates, thus increasing master data redundancy. Master data is the data entities that cannot be transacted. It ensures that there is control and consistency in all processes involved. PCM can also be used in data collection, consolidation, distribution, storage, and classification, as well as detection and correction of errors.Our customer data is now redundant, as we had duplicate data.
Find out what your peers are saying about SAP, Informatica, Stibo Systems and others in Master Data Management. Updated: December 2020.
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