Case Study: a global leading food and drink manufacturer achieves higher data quality and faster launches with Syniti Knowledge Platform

Advanced Master Data Management technology reduces invoicing mistakes, eliminates compliance issues

Syniti helped a global leading food and drink manufacturer address major master data management challenges, including delayed cash collection, pricing errors, compliance concerns, and thousands of wasted hours spent on global data repair. The company also wanted to improve executives’ trust in data quality after an unsuccessful attempt with another vendor.

Syniti implemented the Syniti Knowledge Platform (SKP) to govern and validate data across invoicing, procurement, and new product go-to-market processes. The solution raised first-time-right data from 24.3% to 97.7%, improved data quality across 220 validation rules from 92% to 99.4%, and cut end-to-end data capture time from 4.05 days to 1.55 days. As a result, new product development and launches dropped from 3 months to 2 weeks, while costly invoicing and delivery mistakes were reduced.