How does SAP MDG enhance reporting capabilities?

SAP Master Data Governance (MDG) enhances reporting capabilities by providing a centralized view of master data. This centralized approach ensures that all relevant data is consistent, accurate, and easily accessible to users and reporting tools.

When master data is governed centrally, it results in a single source of truth for key entities such as customers, vendors, and materials. This not only improves data quality but also facilitates comprehensive reporting and analytics. Users can generate reports that reflect the most current and accurate data because all departments operate from the same integrated platform.

In contrast, limiting data availability for analysis undermines the fundamental purpose of reporting, which is to provide insights based on complete data sets. Compiling data exclusively from external sources would create a fragmented view and not leverage the rich internal data that is often crucial for meaningful insights. Automating financial transaction inputs plays a significant role in operational efficiency but does not directly enhance reporting capabilities in the same way that a centralized view of master data does.