Data Enrichment Services

Providing data enrichment services to customers that combines online research with data updating. This data enrichment service is designed for businesses that need to keep their spreadsheets current with the latest online information.

Data Enrichment Services

How It Works:

1. You Provide the Data: There are several ways customers can share their data with us, the below 2 are the most popular:

• Email: Send us your file via email.
• Online Share: We can set up a secure online shared folder within SharePoint or OneDrive for example, or you can use your preferred business platform.

For detailed information on securely submitting your data, please refer to our handy document access guide.

2. We Conduct Online Research: Our team use reliable online resources to find the most current and accurate information to enrich your data points. Our data enrichment services improve data validation and data cleansing simultaneously, which benefits your companies needs.
3. We Update Your Spreadsheet: We carefully input the new or verified information into your file, ensuring all updates are accurate and properly formatted.
4. Quality Check: Our quality assurance team reviews the updated spreadsheet to ensure all changes are correct and consistent.
5. Delivery:

• For email submissions: We return your updated file via email.
• For online shares: We save the updated file directly to the shared folder, instantly accessible to you and your team.

Advantages of Using an Online File Share:

• Real-time Updates: View data enrichment changes as they happen.
• Version Control: Easily track and manage different versions of your spreadsheet.
• Collaboration: Multiple team members can access the latest data simultaneously.
• Increased Security: Avoid potential email security risks.
• Larger File Sizes: Easily handle large files that might exceed email size limits.

Whether you choose email or an online fileshare, we ensure your data enrichment needs are handled securely and efficiently throughout the verification process.

Enriched Data Services:

• Customer Insight Enrichment:
  • Verify and update customer contact information for improved marketing communication success
  • Append social media profiles to understand customer preferences and behaviour
  • Add purchase sales history and interaction data for a 360-degree customer data view
  • Enhance customer segmentation with lifestyle and psychographic data
• Third Party Data Integration:
  • Incorporate external data sources to complement your existing information
  • Blend industry specific data to reach deeper context
  • Enrich data with public records and government databases
  • Add market intelligence data for comprehensive business insights
• Product Data Enhancement:
  • Enriching sales products and marketing with updated specifications and detailed technical information
  • Update pricing data across multiple markets and channels
  • Add rich media content (images, videos) to product listings
  • Incorporate customer reviews and ratings for product sales and marketing
• B2B Database Optimisation:
  • Update company information including size, revenue and employee count
  • Add key decision-maker details and organisational hierarchies
  • Enrich with industry classifications and business categories
  • Include technographic data on software and systems used by companies
• Address Validation and Standardisation:
  • Validate addresses against official postcode databases
  • Standardise formats for consistent data entry and analysis
  • Add geocoding information for spatial analysis
  • Append additional location-based data (e.g., neighbourhood demographics)
• Market Research Data Enrichment:
  • Incorporate latest industry trends and sales market forecasts
  • Add competitor intelligence and benchmark data
  • Enrich with economic indicators and market size information
  • Include regulatory and compliance updates relevant to your industry
• Actionable Insights Generation:
  • Transform raw data into meaningful business intelligence
  • Create custom reports and dashboards from enriched data
  • Develop predictive models using newly enhanced datasets
  • Identify new business opportunities from enriched market data
• Enhanced Customer Profiling:
  • Append demographic data including age, income and education
  • Add firmographic data for B2B customer profiles
  • Incorporate lifestyle and interest data for better targeting
  • Enrich with credit scores and financial capacity data
• Financial Data Verification and Updating:
  • Verify and update company financial statements
  • Enrich with stock market data and analyst reports
  • Add credit ratings and scores
  • Incorporate macroeconomic indicators for comprehensive analysis
• Database Deduplication and Cleaning:
  • Identify and remove duplicate entries across multiple databases
  • Standardise data formats for consistency
  • Correct errors and inconsistencies in existing data
  • Merge and purge records to create a single source of truth

Benefits of our Data Enrichment Service:

• Save Time:
  • With our data enrichment solutions you can eliminate the need for your team to spend hours on tedious online research and data entry.
  • Redirect your staff’s efforts towards core business activities and strategic initiatives.
  • Accelerate your data updating process, reducing project turnaround times.
• Ensure Accuracy:
  • Benefit from our experience in meticulous research and data enrichment solutions.
  • Minimise errors with our multi-level quality control checks.
  • Maintain data integrity across your entire database with our data services.
• Stay Current:
  • Keep your databases up to date with the latest available information.
  • Gain a competitive edge with real-time market insights.
  • Adapt quickly to industry changes with regularly refreshed data solutions.
• Enhance Decision Making:
  • Make informed decisions based on the most current and comprehensive data.
  • Identify trends and patterns more easily with enriched datasets.
  • Improve the accuracy of predictive models and forecasts.
• Cost-Effective Solution:
  • Reduce overhead costs associated with in-house data management.
  • Avoid expenses related to training and maintaining specialised data entry staff.
  • Scale your data enrichment efforts up or down without affecting your core team.
• Customised Approach:
  • Tailor our services to your specific industry and business needs.
  • Flexible data enrichment solutions to suit various project sizes and complexities.
  • Seamless integration with your existing data management processes.
• Improved Data Quality:
  • Standardise and normalise data across different sources.
  • Fill in gaps in your existing datasets for more comprehensive analysis.
  • Enhance the overall reliability and usability of your data source.
• Compliance and Security:
  • Ensure adherence to data protection regulations and industry standards.
  • Maintain confidentiality with our secure data handling processes.
  • Reduce risks associated with outdated or inaccurate information.

Enrich Your Data and Gain Insights

Whether you need to update a few dozen entries or thousands of data points, our data enrichment services can help our business customers enrich their data with accurate and up to date information.

Contact us at hello@excelnexus.co.uk to learn more about our full range of data entry services.