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16 items tagged ”Guide”
Address autocomplete best practices
By Ryan Muir on September 28, 2023
Properly implemented address autocomplete can help businesses improve conversion rates by speeding up address entry, improve address data quality by reducing typos, and reduce user frustration related to errant address data. But, if you choose the wrong autocomplete API or make implementation errors, those benefits can evaporate. In our new ebook, "Magical Benefits of Address Autocomplete," where we've compiled valuable insights and implementation tips, including the best practices we'll cover here.
5 hidden costs of not using address autocomplete
By Ryan Muir on July 17, 2023
Quick deliveries, instant search results, and speedy interactions have become the norm in our fast-paced world. Efficiency in online transactions has never been more critical. This goes double for businesses and their investors who are continuously seeking solutions that balance speed and accuracy. Just imagine a scenario where a customer is filling out a form on your website - the more time it takes, the more likely they are to abandon the process and navigate away. Our new ebook, "Revolutionizing Address Entry: Magical Benefits of Address Autocomplete," delves deeply into this topic.
Address verification reduces overall cost of shipping & routing
By John Hickey on June 14, 2023
Lost packages equal lost revenue. It’s a simple equation—if USPS or another delivery service can't deliver your products to the listed address, you’re likely out the cost of the item and the shipping, and you might even have to pay a return fee. However, one simple addition to your workflow can get your balance sheet back to black—address verification. Use a full address validation service that includes secondary address data like apartment unit numbers to cleanse your delivery list. Clean address data helps you reduce costs from misdeliveries, delays, lost mail, returned mail, reshipments, and change of address fees.
Reduce fraud and reputation damage with address verification
By John Hickey on June 7, 2023
Did you know that something as simple as a mistyped address could open you and your customers up to potential fraud? Fraud can take a huge bite out of your profits, as well as lead to reputation damage and other risks. It takes most companies an average of 14 months to catch on to fraud happening, resulting in average losses of $8,300 a month. However, you can take steps to reduce fraud, risk, and reputation damage by implementing address verification. 4 common types of address-related fraud 1.
Reduce friction in forms | Smooth moves aren't just for dancing
By John Hickey on June 2, 2023
What’s wrong with this picture? Your quarterly web traffic is up, but sales are down. Somewhere in your sales pipeline, friction is stopping leads from converting. Online forms and ecommerce checkout flows are a common source of friction. Did you know? The mean conversion rate for online forms is a mere 21. 5% 76 out of every 100 visitors abandon their cart when they’re unsatisfied with the experience Cart abandonment is responsible for $4. 6 trillion in lost eCommerce sales yearly All the work you put into planning and developing lead generation campaigns—free trial signups, gated resource downloads, etc.
Data governance tools: A selection checklist
By Andrew Townsend on May 4, 2023
If you’ve decided to embark on a journey of data governance, you’ll want to check out the full ebook “ Data Governance: An Executive’s Survival Guide . ” The following is but one chapter of the guide. Tools available for data governance By outlining and implementing data quality control guidelines, data governance software helps organizations meet regulatory standards, improve security, and increase employee efficiency. While some software is designed explicitly for data governance, it's also possible to find master data management and data quality software with built-in tools for data governance processes.
Data cleansing vs. data enrichment: Why both matter
By Andrew Townsend on March 28, 2023
Dirty data, which is incomplete, incorrect, inaccurate, or irrelevant data can lead to misinformed decisions and missed opportunities. That's why ensuring your organization's data is clean and accurate is essential. Data cleansing is finding and removing corrupt or inaccurate records from a set of data. It allows you to identify which elements in your database are bad data and ensures your data is accurate and trustworthy. After cleansing, it is best practice for organizations to enrich or append their data to ensure it’s complete, up-to-date, and reliable.
Data quality: The foundation of successful data management
By Andrew Townsend on March 14, 2023
We recently published an ebook titled “Data Governance: An Executive’s Survival Guide” . The following is a sampling of the chapter on data quality. The value of data quality Data is the lifeblood of modern organizations , providing crucial insights that can drive decision-making and innovation. However, the value of data is only as good as its quality. Poor quality data can lead to costly mistakes, misinformed decisions, and reputational damage. That's why it's essential to ensure your organization's data fits its intended purpose.
What is address parsing and how can it help your bottom line?
By John Hickey on January 6, 2023
Our global economy comprises many industries—healthcare, financial services, insurance, commercial development, and more. But one thing all companies have in common, no matter the industry? They’re all chasing a bigger and better return on investment (ROI). While there are many drivers of ROI, have you ever considered the role that address validation plays? Clean address data is essential for many business functions. Consider eCommerce, one rapidly growing example. Forecasting shows this retail channel will account for 22 percent of all global retail sales by 2024.
Determining total cost of ownership of on-premise vs. cloud software
By Davin Perkins on September 22, 2022
As you're evaluating potential new business software for your organization, inevitably, someone will bring up the cost. Your purchasing department will likely want to know if moving to the cloud is cheaper than on-premise solutions or vice versa. "Money doesn't grow on trees," they might remind you. To truly compare cloud vs on-premise costs, you should first calculate the total cost of ownership or TCO. The TCO is a financial estimate created to help buyers and owners determine the direct and indirect lifetime costs of a product or service.
Compliance considerations for on-premise and cloud software
By Davin Perkins on September 12, 2022
A plethora of inspirational quotes float around the internet and office lobbies about how "Wise men don't blindly follow rules, they use them as guidelines" or "Making up your own rules is the trick to success. " That's great for a motivational speech, but for industries like healthcare, insurance, banking, and others, the rules are very important. These are some of the most regulated industries in the United States; organizations in these industries must comply with strict rules and regulations from the government.
Which is more secure and reliable—On-premise or cloud software?
By Davin Perkins on September 6, 2022
No matter the industry, data security is, and always will be, paramount. Data breaches can cause significant revenue loss and customer trust. No doubt you remember the 2017 Equifax data breach. This breach affected 148 million records, including social security numbers, birth dates, addresses, and, in some cases, driver's license numbers and credit card information. Equifax paid out $700 million in damages to help people affected by the data breach, and suffered through reputational damage and congressional inquiries.
How on-premise and cloud software compare for control and agility
By Davin Perkins on August 31, 2022
Since the coronavirus pandemic swept the globe in early 2020, organizations have realized that being successful in the digital age requires agility not just in software development and delivery, but also in business strategy and operational execution. Achieving agility in your business's actions and reactions requires a culture of continuous improvement—and the right software to support those actions! Every company relies on a network of complex systems and software, including Customer Relation Management (CRM), Enterprise Resource Planning (ERP), Business Intelligence (BI), Geocoding, Address Validation, and more.
Deployment speed & complexity of on-premise vs. cloud software
By Davin Perkins on August 25, 2022
One of the biggest questions in IT infrastructure planning is whether to go with on-premise or cloud software solutions. Each type of software comes with its own pros and cons. To help organizations choose the software that best fits their needs, we created an executive guide that walks you through 6 key factors and breaks down cloud and on-premise strengths and weaknesses for each factor. Download it here to learn about all 6 factors or read on for an overview of on-premise versus cloud software deployment speed and complexity.
Cloud geocoding APIs vs. on-premise pros and cons
By Davin Perkins on June 3, 2022
On-premise vs. the cloud is a constant debate when it comes to software purchases. Geocoding software is no different. How your geocoding solution is deployed can greatly impact both the performance and the cost. In our ebook, 8 Questions to Ask When Selecting a Geocoding API , we talk about the pros and cons of on-premise and cloud-based geocoding options, as well as other key features to consider. In this article, we’ll summarize why on-premise versus cloud-based matters, and touch on another deciding factor for your API purchase: third-party basemaps.
Why validation & accuracy matter for geocoding APIs
By Davin Perkins on May 10, 2022
Choosing the right geocoding service is the first step toward unlocking better location intelligence and helping your organization make more strategic decisions. From our ebook, we’ll cover two key questions to ask when choosing a geocoding API: Does the API include address validation How accurate are the geocodes? Question 1: Does the geocoding API include address validation? Fitness advocates are fond of saying things like “Abs are made in the kitchen” and “Fuel your body for success. ” Our kitchen still hasn't produced any abs, but they’ve got one thing right, if you put garbage in, you’re going to get garbage out, even when it comes to geocoding! The data you get from any geocoder is only as good as the data you put into it.