Abstract: Systems and methods for managing versions of a database are described herein. The system includes a worklist module configured to receive a plurality of change requests and generate a first worklist based on them. The plurality of change requests include instructions for modifying one of a database structure and/or master data of the database. One or more change requests may be approved from the first worklist. The worklist module generates a second worklist comprising the approved change requests. One or more change requests included in the second worklist are executed to create a version of the database. A versioning module may maintain and track a plurality of versions within the database. A comparison module may allow comparison and synchronization of the plurality of versions of the database based on the results of comparison and needs in specific environment.