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
- Keep your master data up-to-date with automated updates on business partner records
- Learn how others cope with similiar issues
Our Data Sharing Community has more than 200 million records in its data pool: they are constantly maintained and expanded through the use of over 2,600 data quality rules and the integration of more than 70 trustworthy reference data sources.
For regions with no public sources or no official registers, leading companies from the CDQ Data Sharing Community fill the gaps no one else can. By pooling verified insights from industry peers, you get accurate, trusted records you wouldn’t find anywhere else.
Available via APIs and the CDQ Cloud Platform, this unique pool of data records comes in a secure and highly scalable cloud environment.
Leading companies are already members of the CDQ Data Sharing Community
Workshops and Jour Fixe sessions
Data Sharing Community meets twice a year for a two-day workshop and keeps in remote touch for Jour Fixe web sessions. During these events, members get the latest product information, exchange good practices in managing business partner data and discuss new ideas for feature development.
Data Sharing Community dates in 2025
February 4: Jour Fixe (online)
March 5: Jour Fixe
Apr 9-10: Workshop (onsite in Frankfurt)
May 6: Jour Fixe (online)
June 3: Jour Fixe (online)
July 8: Jour Fixe (online)
Sep 16-17: Workshop (onsite Stuttgart)
Oct 7: Jour Fixe (online)
Nov 4: Jour Fixe (online)
Customer voices about the CDQ Data Sharing Community
The time saved not only covers the investment in the initiative, but also frees up capacity for new projects, setting the stage for future SAP S4/HANA migration and data consolidation initiatives.
We have a full-blown customer in the system that is really ready to be used: ready for ordering, order processing, shipping, and invoicing - without having even touched this data.
We received great feedback for the integration, and our business departments eagerly anticipate an integrated VAT check.
"How can we possibly automate the processing of 150,000 change requests per year?" – this was the driving question for us. Extrapolating early numbers, we have an automation rate of ~40% and a workload saving of 25%.
Bayer
CDQ delivers a data management toolbox for our business partner data. The wide range of use case specific solutions created instant benefits for our internal customers. Together with the innovative CDQ Data Sharing Community we shape the future of interenterprise MDM.
What we really love is exchanging data with other companies and not reinventing the wheel again, and again, and again. What I see from other companies is the same issues, same problems, but within the Data Sharing Community you can really benefit from exchange with other organizations.
Sartorius
Getting started with Data Sharing
Are you curious to see what happens when you mix business partner master data with a fantastic community vibe?
Check in our free guide to Data Sharing and unlock the highest quality for your master data with minimum effort. Click on the button below to download your copy, so you can boost your business partner master data management with this cutting edge approach to data!
Data Sharing Community: a beautiful world of master data management
CDQ All Time Right powered by #datasharing
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