Data management involves seamlessly handling an organisation’s created and collected data, covering processes such as collection, storage, and maintenance. It is vital in deploying IT systems, supporting business applications, and facilitating analytical insights. This essential function ensures that data is effectively utilised, contributing to the smooth operation of various business processes and enabling informed decision-making.
Why is SAP data management critical?
Data management is significant for scalable and impactful data analysis, generating valuable insights that enhance customer experiences and boost profitability. It ensures widespread access to reliable data, empowering individuals throughout an organisation to obtain trusted information efficiently.
Proficient data management is indispensable as organisations increasingly acknowledge data as the most valuable corporate asset. Data is power. It facilitates well-informed business decisions, enhances marketing strategies, streamlines operations, and reduces costs, collectively elevating revenue and profits. Conversely, inadequate data management can create incompatible silos and inconsistent datasets and can even pose a security threat.
Advantages of effective data management
By ensuring the systematic organisation and accessibility of trusted data, it offers several advantages for your organisation:
Enhanced Visibility
Effective data management significantly enhances the visibility of your organisation’s data assets. This means that individuals can swiftly and confidently locate the precise data required for their analyses. Improved data visibility facilitates organisational efficiency, allowing employees to access the right information to perform their duties.
Reliability
A robust data management system minimises potential errors by instituting transparent processes and policies for data usage. This builds trust in the data utilised across your organisation. With dedicated and up-to-date data, companies can respond promptly and accurately to market changes and evolving customer needs.
Security
Data management is pivotal in safeguarding your organisation against data losses, thefts, and breaches. Authentication and encryption tools ensure that sensitive company information is protected and recoverable if the primary source is compromised. This becomes especially critical when dealing with personally identifiable information, requiring careful management to comply with consumer protection laws.
Performance
A solid data management plan will ensure the SAP system is performing at its best, delivering speed when needed and shorter backup and restoration times. It will also keep CPU and memory needs under control, avoiding memory bottlenecks.
Put in place a robust Data Management strategy in SAP
Global corporations operating in high transaction volume industries are generating vast data that threatens their ERP system’s performance. At the same time, they must ensure they comply with data privacy regulations and the country tax and audit regulations of their subsidiaries.
These challenges are now being tackled with specialised software solutions that automate and manage manual processes while ensuring data integrity in ERP systems. This helps keep companies up to date with the latest enterprise technologies and requirements.
Get connected with a reliable SAP service provider
There is a network of SAP partners offering a wide range of SAP Data Management services to ensure the SAP system is performing at its best. Additionally, if your organisation is planning the migration to S/4HANA, consider implementing a Data Volume Management strategy to ensure a smooth transition.
As an SAP Partner with decades of expertise in SAP environments, TJC Group helps companies put in place a robust SAP data management strategy in the following direction:
- SAP data management for S/4HANA migration: Ensure a rapid S/4HANA migration with TJC Group’s SAP data management. Optimise Customer/Vendor Integration reliability by archiving outdated records, reducing the system database size by 50%.
- SAP data archiving and SAP ILM (data lifecycle management): Accelerate and streamline your move to S/4HANA with SAP data archiving and Information Lifecycle Management (ILM). Gain GDPR-compliant control over future data volumes, ensuring a permanent and efficient transition.
- Decommissioning of SAP and non-SAP legacy systems: Achieve a seamless SAP and non-SAP legacy systems shutdown using the Enterprise Legacy System Application (ELSA). Safely reduce data migration volumes while retaining accessible legacy data for business purposes, ad hoc tax and audit reporting, or GDPR compliance.
- Global SAP tax compliance: Leverage TJC Group’s expertise in SAP, Tax, and Technology for global e-invoicing and e-reporting compliance. Implement SAP Document and Reporting Compliance to meet worldwide mandates. This bridges the gap between key stakeholders, enabling synergy between tax and IT teams.
Collaborating with TJC Group offers numerous advantages. Experience seamless project management by skilled consultants adept at successfully handling complex global data archiving projects. Ensure complete data traceability with convenient access to legacy data from SAP and non-SAP systems, complying with tax and audit regulations.
Ready to optimise your data strategy? Connect with TJC Group for unparalleled SAP solutions and comprehensive data lifecycle management support. Your path to efficient, compliant, and future-ready
