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What is LexisNexis Business Data Enrichment Suite?
Fostering existing business connections is vital for effective risk management strategies. The LexisNexis® Business Data Enrichment Suite simplifies this task with remarkable efficiency. By utilizing a vast database filled with current information alongside sophisticated analytics, you can quickly upgrade customer profiles, close informational gaps, and stay updated on any shifts that could alter your risk environment. Furthermore, this suite proves to be an indispensable tool for uncovering the best methods to tailor your products and services to meet customer needs. Tailored batch packs are offered to pinpoint and define the details of important business figures, such as executives, owners, and representatives, while also delivering critical company data like address, phone number, and estimated size, which aids in calculating annual revenue and employee counts. You can easily organize and classify your clients using SIC and NAICS codes, which helps reduce risk exposure, enhances regulatory compliance, and upholds internal policies. This all-encompassing strategy not only improves risk management but also cultivates more robust relationships with your clients, which is essential for long-term business success and stability. By investing in such tools, organizations can position themselves for proactive decision-making and sustained growth in their respective markets.
What is Lexi?
Streamlining your data across the entire supply chain is essential for effective management. During the data processing stage, we standardize all information from different file types, naming conventions, and columns, resulting in a cohesive dataset. Each data collection point often presents information in varying formats, languages, and structures. Lexi effectively consolidates all data into a consistent format and ensures synchronization across every collection point. Once the data is harmonized and cleansed, it can be effortlessly aggregated, providing a unified view that enables all stakeholders to work with the same information. Lexi’s Cloud Platform is equally proficient in managing both new products from R&D and established ones, ensuring versatility in data handling. Additionally, our data analytics can provide accurate should-cost estimates within +/- 5% for new products, even when they are still in the early conceptual stages, showcasing our dedication to precision and efficiency in data management. This capability not only improves decision-making processes but also promotes enhanced collaboration among diverse teams, ultimately leading to more successful project outcomes.
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Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
API Availability
Pricing Information
Pricing not provided
Pricing Information
Pricing not provided
Supported Platforms
SaaS
Supported Platforms
SaaS
Customer Service / Support
Standard Support
Web-Based Support
Customer Service / Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Training Options
Documentation Hub
Company Facts
Organization Name
LexisNexis Risk Solutions
Company Location
United States
Company Website
risk.lexisnexis.com/products/business-data-enrichment-suite
Company Facts
Organization Name
Lexi Solution
Company Location
Sweden
Company Website
www.lexisolution.com/solutions/
Categories and Features
Data Enrichment
Not specified
Categories and Features
Product Lifecycle Management
Cost Tracking
Sourcing
Spend Management