Data Quality Consultancy

What is it?

Data Quality Consultancy will enhance the quality of your ledger data, giving you a clear understanding of risk and opportunities for more businesses in your customer base.

It identifies your riskiest customers, allowing you to take appropriate action in your collection strategies. It identifies which businesses could have additional credit extended to them and how much potential revenue could be generated.

Data Quality Consultancy addresses the issue of poor quality data, which results in greater costs to a business, evidenced by Days Beyond Terms of unmatched companies being 33% higher than Experian matched companies.

How can it help you?

Data Quality Consultancy is a data quality analysis service, designed to enhance your ledger data quality. It helps you know more about your customer base in terms of customer risk and opportunities.

The service includes an analysis of your data quality, identifies data not matched to Experian’s record, and provides an output report of data improvement capability. Plus the option to amend and append matched data, providing you with a full view of customer risk and opportunity.

Key facts

• Data Quality Consultancy is a data analysis service designed to enhance ledger data quality
• Experian's Payment Performance data shows that Days Beyond Terms on unmatched businesses is 33% higher than for those businesses that are matched to Experian's data
• 37% of business records change over 12 months
• 230,000 companies ceased trading in financial year 2007-2008 (source: Companies House)