Why maintain your customer and supplier master data by yourself when you can share the burden with others? That's exactly why we established Data Sharing Community, that enables a smarter way to manage data! Data Quality as a Service (DQaaS) for business partner data combined with cross-industry knowledge exchange and a great community vibe - a unique experience to boost your data management!
Shareconomy for better customer and supplier master data
Despite competing in the market, when it comes do master data management, companies can only benefit from collaborative master data management in business partner domain. Shared data quality rules, peer-validated data, and ongoing exchange of best practices, give community members the know-how and the right tools to overcome the usual master data managament challenges.
- Quickly enrich master data records
- Effectively combat duplicates in your system
- Improve your data quality thanks to smart usage of public and commercial reference data sources
- Learn how others cope with similiar issues
The CDQ Cloud Platform offers all of this in a secure and highly scalable cloud environment.
Leading companies are already members of the CDQ Data Sharing Community
We keep your data up-to-date
Our Data Sharing Community has more than 200 million records in its data pool. These records are constantly being maintained and expanded through the use of more than 2,100 data quality rules and the integration of more than 70 trustworthy reference data sources.
You don't need to worry about updates any longer: Any changes in business partner data are automatically made available to all our members.
Keep control of your data
Each member of our Data Sharing Community decides which data is shared with others. At the same time, the shared records cannot be assigned to a specific company. To protect the data of our members in the best possible way, we always keep the CDQ Cloud Platform up to date and comply with current security standards.
Protect your business from fraudsters
Invoice fraud is a growing problem for companies. Our Data Sharing Community members look out for each other: They use our Cloud Platform to identify and score reliable bank accounts, and also alert each other of new invoice fraud attempts.
Collaborative maintenance of business partner data lowers costs by up to 40%
Every company has to work very hard to stay current with data changes. In the last two years, 90% of all data has been created, and this fast-paced change overwhelms even the most efficient data maintenance operations. Data Sharing beats manual data maintenance both in efficiency and quality while lowering costs by up to 40%!
Customer voices about the CDQ Data Sharing Community
We have set out on the journey with the Data Sharing Community together with a number of peer companies. We are convinced that the community will support us strategically in bringing our data management into the next generation.
Bayer
Sharing proven bank account data saves significant time, compared to contacting the customers/vendors directly to verify new bank accounts. "Data Shareconomy" is an effective approach to unlock this source of trusted information.