Prospecta

Blog

Data governance challenges and best practices in EPC (engineering, procurement, and construction)

How to effectively manage data governance in EPC (Engineering, Procurement and Construction)

Data governance in engineering, procurement, and construction (EPC) is the process of managing and controlling the flow of information within an organisation. This includes establishing policies and procedures for data collection, storage, use, and dissemination, as well as ensuring that … Read More

Evolution of master data management that transpired in a decade to boost company efficiencies in managing data quality and data governance

7 amazing master data management trends that happened in a decade..

Master data management (MDM) has evolved significantly in the last decade, driven by several factors, including the growing volume and complexity of data, increased regulatory requirements, and the growing importance of data as a strategic asset for businesses. MDM has … Read More

Evolution of master data management that transpired in a decade to boost company efficiencies in managing data quality and data governance

How a good Master Data Management Strategy enables smooth Supply Chain Processes?

Master Data Management (MDM) is a critical component of any supply chain. It ensures that key data assets, such as product and supplier information, are accurate, consistent, and up-to-date. Effective MDM enables companies to make informed decisions, improve efficiency, and … Read More

Examining the features (or lack thereof) of data governance tools that cause people to abandon them, thus bringing the data governance agenda to a grinding halt

What users hate about Data Governance tools

It’s common knowledge that a data governance tool can help translate your data governance framework into practical steps and automate them. But the tool should have other mission-critical functionalities to propel the adoption of data governance mindset and behaviours across … Read More

Using business process governance to optimise business processes and propel your digital transformation agenda

How Business Process Governance propels your digital transformation agenda

Digital transformation refers to the transformation of an organisation’s mindset and culture to go digital. It drives changes in 3 main areas: customer experiences, operational processes, and business models. And what motivates a company to embrace digital transformation? To leverage … Read More

5 great business benefits you stand to get from implementing Master Data Management (MDM)

5 benefits of master data management

Five great reasons why you need Master Data Management (MDM) Let’s break down the components of Master Data Management (MDM). First, we have master data. It’s a set of identifiers that provides business context to your core data such as … Read More

Examining the 5 methods to have a winning Business Process Management (BPM) strategy and implementation.

How to have a winning Business Process Management (BPM) strategy and implementation

A survey by RedHat examining the reasons why companies invested in process management and improvements found that 42% aimed to improve customer satisfaction, 65% wanted to improve efficiency and agility, and 37% had process change projects underway. Managing business processes … Read More

Key considerations for choosing the right Business Process Management (BPM) solution to launch and automate game-changing business solutions

Managing business processes: The quest for the right solution

In the previous blog, we talked about the major challenges in managing and automating business processes and why in-house apps are not a sustainable solution. The way to go is to use the most suitable Business Process Management (BPM) platform … Read More

Understanding the challenges in managing business processes and why in-house apps are not the solution

Navigating challenges in managing business processes

The immediate focus of modern companies is on strengthening core capabilities such as sales and operations before exploring the frontier of digital innovations. To get their house in order, they’re looking to re-engineer, revamp, and revive their business processes. A … Read More

Understanding how asset-intensive companies solve data cataloguing challenges through master data management and data governance

How asset-intensive companies overcome data cataloguing challenges

In the previous blog, we talked about data cataloguing pitfalls faced by asset-intensive organisations especially in dealing with material data. Against the backdrop of economic and geopolitical uncertainties, companies need to embed resilience and agility into their supply chain. That’s … Read More