As part of the information and application systems automating key business processes, for example, online transaction processing systems, it is logged. A transaction’s data may be grouped within ...

Examples include postal codes, transaction codes, financial hierarchies, state or country codes, customer segments, and so on. According to enterprise data company TIBCO, “Where master data ...

special equipment and tools, facilities, etc. Master data is different from transactional data such as invoice numbers, invoice amounts, dates, process parameters, etc. The purpose of master data ...