Data Relationship Management

Oracle Data Relationship Management (DRM) is an enterprise change management solution for building and retaining consistency within master data assets despite endless changes necessary to support underlying transactional and analytical systems. Master Data Management (MDM) strategy is key to an organization's data governance. DRM offers a foundation for establishing the disciplines, processes, and governance required to administer an Enterprise MDM Strategy.


Oracle Data Relationship Management unifies cross-functional perspectives to a master record while enabling business users to contribute to the process of managing complex master data by constructing alternate departmental views of the data that are consistent and accurate. The product also enables IT administrators to ensure data integrity and security by keeping data management processes consistent with company policies. IT can codify business rules and configure validations to ensure that users do not compromise the integrity of enterprise master data as they reconcile their departmental perspectives within a common platform.

WizProTek consultants have successfully implemented DRM for large organizations and streamlined the data management process across the company.

KEY BENEFITS

  • Save time and resources spent reconciling reports and measures across business units
  • Reduce or eliminate errors in data flow between operational and analytical systems
  • Maintain data integrity across divisions and systems
  • Empower users to easily make data changes based on their role or responsibility
  • Minimize manual IT data maintenance tasks
  • Perform reliable what-if scenarios and impact analyses
  • Ensure consistent corporate definitions and metrics
  • Achieve Sarbanes-Oxley (SOX) compliance

WizProTek offerings for DRM are:

  • New DRM implementations.
  • Redesigning existing applications.
  • Integrating with GL and EPM systems.
  • Administration of DRM.
  • Client specific training & documentation.

  • "WizProTek combines techno functional expertise with best practices to provide out of the box solutions be it for consolidation and reporting, planning and budgeting or even multi gaap convergence and compliance ."

  • "We work extensively with clients to help them address their long term as well as medium term planning challenges."

  • "We have a rich experience in implementing IFRS compliant reporting solutions. We have partnered with several significant corporations during their initial IFRS convergence as well as subsequent reporting under IFRS environment."