Implementing master data management process https://www.the-next-tech.com/business/how-a-successful-master-data-program-can-improve-your-business/ can bring several benefits to businesses. By having a centralized and accurate repository of data, organizations can improve the quality and consistency of their data, leading to better decision-making and operational efficiencies. For instance, a retail company can leverage MDM to ensure product information such as prices, descriptions, and images are consistent across all channels, reducing the risk of customer confusion and dissatisfaction. Moreover, MDM can help businesses comply with regulations such as GDPR or CCPA, by ensuring data accuracy, completeness, and privacy.