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Getting Started with DRM

Posted on January 13th, 2013 by Sanjit Anand ||Email This Post Email This Post

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DRM is a master data management tool used to administer hierarchies, attributes, and metadata used by various types of applications.

The DRM tool can act as a centralized enterprise hierarchy management solution serving a wide range of downstream BI, EPM, ERP, operational, and other systems.

Common applications of the DRM tool include management of GL chart of accounts,customer and employee attributes, and product information .

Oracle Hyperion Data Relationship Management (DRM), Fusion Edition functions as a master data management solution where reporting structures are maintained, analyzed, and validated before moving throughout the enterprise. Data Relationship Management does the following:

  • Manages business entities, hierarchies, attributes, and mappings across multiple systems.
  • Validates data relationships and calculates attribute values using business rules.
  • Enforces referential integrity across all subscribing systems and hierarchies.
  • Enables you to create and manage alternate views.
  • Merges independent data sets from different sources and combines them into a master set.
  • Maintains historical versions for comparative reporting and analysis.
  • Tracks all hierarchy and attribute changes with a full-featured audit log.
  • Can serve as the main point-of-entry to update subscribing systems or be used subsequently for reconciliation and analysis.

You can use Data Relationship Management to manage charts of accounts segment values and hierarchies for Oracle General Ledger.

You can create new segment values, edit their properties, and maintain hierarchies using DRM. This information can be synchronized to one or more general ledger instances using a concurrent request program in the Oracle E-Business Suite.

DRM can integrate with other systems, Oracle or non-Oracle systems. The simplest way to let flow the data in between systems is by Import/Export.

Export can be done to a flat file or a database table where as import can be done via flat file. Additionally, customization can be done through API to perform the same.

DRM is also an Analytical Master Data Management tool. It allows creation of an enterprise view of analytical dimensions, reporting structures, performance measures and their related attributes.

DRM can also be considered a change management tool, as it is often used to facilitate the combination of disparate General Ledgers, product mappings, customer data sets, and other business information.

Mergers and acquisitions are frequently reliant on DRM to enable different systems to be able to communicate with each other.

DRM enables organizational consistency, managed change and becomes the foundation for any technology project

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