Results
Midmark performed an ROI analysis with the distribution and logistics managers to measure the value of Experian Data Quality tools. The tool was implemented in November 2013. Since the go-live date, Midmark has seen zero address corrections or chargebacks on any newly acquired address, leading to significantly lower monthly fees (as only existing data now leads to issues). Moreover, the team has seen time savings that amount to $3,600 each year as well as improved customer satisfaction.
While Midmark does see some chargebacks, these issues relate to addresses that existed in Oracle E-Business Suite prior to November 2013. This realization now reinforces the importance of overall data quality and has led Midmark to investigate potential data hygiene options in 2014.
Data quality concerns
Midmark was concerned about the quality of addresses collected through their distribution network. The organization needed a way to cleanse information received from their dealers, as well as ensure their customer service representatives in the call center could verify address accuracy, in a quick way, at the point of entry.
Experian Data Quality offered an integration directly into Midmark’s Oracle E-Business Suite ERP system, making the process of cleaning existing data seamless. In the call center, when an agent adds a new customer or updates an account, he/she can quickly update and verify the address while the customer is still on the phone.