Cloud technology has gained widespread adoption among businesses, with a considerable majority of 69% already integrating it into their operations. This surge in popularity is supported by compelling data revealing the positive impact of cloud solutions on revenue growth. Dell’s research indicates that companies investing in cloud technology experience an impressive acceleration in revenue growth, boasting a remarkable 53% increase compared to their competitors.
The adoption of cloud technology offers numerous benefits for companies across various industries. One advantage is the ability to streamline operations and enhance efficiency.
When sending out marketing and customer purchases, you must deliver to the correct address. One way of ensuring this is through cloud-based address lookup, and here are three of its benefits:
[H3] 1. Efficiency
Efficiency is key to being a successful business. Saving time and money enables organisations to inject their resources into other areas. Research has found that companies can potentially be losing as much as 30% of revenue due to process inefficiencies.
Cloud-based address lookup offers a range of benefits for businesses, one of which is improved efficiency. By utilising this technology, companies can save valuable time and resources that would otherwise be spent on manual address verification processes. This not only streamlines operations but also allows organisations to allocate their resources more effectively.
Cloud address lookup eliminates the cost of data storage, maintenance, and set-up fees. Without the additional burden of servers and other equipment, employees won’t have to spend as much time maintaining the software, thus increasing efficiency.
[H3] 2. Accuracy
Having inaccurate information can cause misdeliveries, which can result in loss of sales. This in turn will harm ROI as well as your brand image. Another major benefit to using cloud software is that it’s updated regularly, enabling companies to access highly accurate solutions.
Accuracy is very important when it comes to your address capture results. Did you know there are around 1.8 million postal codes in the UK? The Royal Mail Postcode Address File (PAF) makes updates to 3,500 records each day, so you should choose an address finder that uses an updated version of PAF. Hopewiser’s online accurate address lookup solution receives daily PAF updates to ensure your address lookups are of the highest accuracy returning accurate addressed results and therefore positive customer service.
Cloud address lookup not only enhances efficiency but also ensures accuracy in customer data.
[H3] 3. Scalability
It’s only natural that work projects fluctuate in size throughout the year. Due to the scalability of cloud computing, your business can scale up or scale down operations to meet the needs of the company. This is much more cost-effective than installing expensive software that you may not always need to use.
At Hopewiser we pride ourselves on the scalability of our products, and our online address lookup software is no exception. As well as receiving 10 free clicks when you first sign up, you can go on to purchase clicks in a variety of bundles depending on the scale of your campaign.
Cloud-based address lookup is a valuable tool for businesses of all sizes and industries. It offers a range of benefits that can help streamline operations and improve efficiency. One key advantage is the ability to save time and money, allowing organisations to allocate resources to other areas. Cloud address lookup eliminates the need for data storage and maintenance, increasing efficiency and reducing costs.
For more information on how our solutions can help your business, please register for our online services today:
Sources
https://www.salesforce.com/products/platform/best-practices/benefits-of-cloud-computing/
https://www.winman.com/blog/are-process-inefficiencies-causing-more-disruption-than-you-think
https://www.ibm.com/uk-en/cloud/learn/benefits-of-cloud-computing
https://www.royalmail.com/business/marketing/data/cleansing
https://www.business.qld.gov.au/running-business/it/cloud-computing/benefits
, updated 21st February 2024.