What is party data in SAP EIM-IS - SAP Information Steward?

SAP Term: party data

• Component: EIM-IS

• Component Name: SAP Information Steward

• Description: Data about individuals or organizations, such as name, address, and phone data.

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• Key Concepts: 
  Party data is a type of master data that is used to identify and describe an individual or organization that interacts with a business. It is used to store information such as contact details, addresses, and other relevant information. In SAP Information Steward, party data is used to store and manage customer and supplier information. 
  
  How to use it: 
  In SAP Information Steward, party data can be used to store customer and supplier information. This information can be used to create profiles for customers and suppliers, which can then be used for various purposes such as marketing campaigns or customer service. 
  
  Tips & Tricks: 
  When creating profiles for customers and suppliers, it is important to ensure that the data is accurate and up-to-date. This will help ensure that the profiles are accurate and useful for marketing campaigns or customer service. 
  
  Related Information: 
  SAP Information Steward also allows users to manage other types of master data such as product data, financial data, and organizational data. This can be used to create more comprehensive profiles for customers and suppliers.