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DATAVERSITY Demo Day - Data Governance Tools Buying Best Practices to Accelerate Supplier MDM
June 9, 2021
• Karen Coronado, Manager, Data Governance at Lennox International
• Akhilesh Agarwal, SVP, Global Business Partner Technology Solutions at apexanalytix
This live webinar with DATAVERSITY tells the story of Lennox International’s supplier master data management (MDM) journey. Laying the groundwork for good supplier data governance started with figuring out what granular aspects of supplier MDM were different from other domains like customer and item. First, Karen Coronado, the data governance team and stakeholders throughout the company established the supplier MDM goals specific to their company. Then, they decided to invest in a built-for-purpose solution to accelerate ROI: apexportal® for MDM and supplier registration. Now, the company is implementing a supplier management platform that comes with best practices and out-of-the-box templates.
Watch this webinar to hear Karen and Akhilesh Agarwal of apexanalytix discuss:
• Registering suppliers with an automated process that uses customized business rules and automated approval workflows.
• Avoiding supplier fraud and risk by closing control gaps in supplier setup and management.
• Enforcing standard payment terms.
• Pushing more suppliers toward electronic payments.
• Improving strategic sourcing efforts.
• Saving FTE time and money.