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Strategic enterprise resource planning (ERP) implementations in the Canadian Federal Government are providing long term value to operational departments, citizens, businesses, and travelers to Canada. 

While these projects are complex, an understated critical success factor is the quality of the underlying legacy data.  Enter Master Data Management, with its ‘data first’ approach, which noticeably speeds up the implementation and user acceptance of new systems.   

Dun & Bradstreet’s partnership with NetSuite is a great example of the synergy between ERP and Master Data. This integration provides customers with direct access to commercial data and analytics from Dun & Bradstreet’s global data file within NetSuite's industry leading cloud-based business management suite. This combination provides NetSuite customers with a single, unified view of their customers, of their vendors, as well as that of their partner relationships. It gives customers automated credit management insights found within a single system of record.

In a government context, integrating ERP and Master Data from Dun & Bradstreet means reducing business costs, improving services, more effectively deploying personnel, deeply understanding business customers, and overall, improving service to citizens and businesses. Master Data from Dun & Bradstreet provides a trusted, verified, and current view of key business data for more effective decisions and more accurate analysis.

"This is a big announcement for both Dun & Bradstreet and NetSuite, and the businesses who rely on our solutions," said Michael Sabin, Dun & Bradstreet's EVP & GM of Global Alliances & Partnerships. "Through close collaboration we've integrated our industry leading credit decisioning capabilities and core data management features within NetSuite so customers have a seamless workflow experience. Now, users will have one easy-to-use platform to access the tools they need to quickly extract information and make informed decisions that will have a direct impact on the bottom line."       

The Dun & Bradstreet SuiteApp solution is available in Canada for NetSuite and it facilitates growth through an effective data-management-as-a-service offering that provides a trusted single view of customers, prospects and vendors. This is done by reducing duplicate, inconsistent, and fragmented records while monitoring and enriching with additional elements -- directly within NetSuite workflows.

Guido Haarmans, NetSuite's Senior Vice President Business Development for Technology partners said, "Dun & Bradstreet is a logical addition to NetSuite's offering. Our customers are busy professionals, juggling many responsibilities, and a fully integrated solution that will help minimize issues in data quality and speed up their business processes creates great value. Dun & Bradstreet for NetSuite provides the data, analytics and process integration that can help businesses make more informed decisions to reduce risks and drive growth."

Some of the benefits of this Dun & Bradstreet and Netsuite integration are: 

  • Account mastering and duplicate detection – ongoing validation, detection and correction of Master Data
  • Real-time data quality and enrichment - organizations can update and maintain a single, master record that provides a trusted view of a company
  • Insight into the legal corporate hierarchy of a company – easy understanding of the relationships (parent, headquarter, branches, etc.) of related corporate family members
  • On-going risk monitoring – ability to track and manage a variety of risk dimensions on suppliers, manufacturers, customers, and more 

The core data you have about the partners and agencies you work with and the suppliers you buy from is quite simply the most important data your agency has. Its effective use is vital for creating efficiencies and mitigating risk. How can you find a path to an organization aligned to a more effective data strategy?

Learn more about the strategic benefit of Master Data as a Service in government at this exclusive breakfast event. We’ll be in Ottawa on June 16th 2016 at 7:30am-10am EST ready to meet you and discuss how to build a data-inspired agency.

 

All attendees will be offered a complimentary data assessment of their agency’s data