What is SAP Master Data Governance?

SAP Master Data Governance (MDG) is a solution that helps organizations centrally create, maintain, and distribute master data across the enterprise. It ensures data quality and consistency, which is crucial for accurate reporting, efficient business processes, and regulatory compliance. MDG is commonly used for domains like customer, vendor, material, and finance master data, providing a single source of truth for these critical business entities. It offers capabilities such as data validation, workflow management, and data consolidation.