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LexisNexis Prospect Portfolio is a comprehensive software for business intelligence, prospecting, and lead nurturing. Customers have …
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What is LexisNexis Prospect Portfolio?
LexisNexis Prospect Portfolio is a sales intelligence software solution offered by LexisNexis.
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What is LexisNexis Prospect Portfolio?
LexisNexis Prospect Portfolio is a sales intelligence software solution offered by LexisNexis.
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LexisNexis Prospect Portfolio is a comprehensive software for business intelligence, prospecting, and lead nurturing. Customers have described the product as user-friendly and helpful in quickly identifying prospects by specific identifiers. The software includes properties and companies that individuals are affiliated with in each report. The API integration also allows users to gain valuable insight into customers' businesses. The integration with Salesforce facilitates access to new info about contacts, news about companies, and analyst reports.
One of the main benefits that users express from using LexisNexis Prospect Portfolio is the accessibility of company information which lets them build company lists or expand prospects lists for major opportunities. Additionally, being able to access public data on someone can be beneficial when trying to contact them as it can help identify any potential red flags such as bankruptcy filings.
Although users have enjoyed the product overall, some drawbacks have been identified by customers. For example, it may be difficult to find some companies due to search limitations while newcomers may really find it confusing initially until they become more familiar with using the platform. Additionally, the match percentage of the information sent through their API could use improvement if passing in a DUNS number isn't enabled yet. Also, there currently isn’t an app available making it more inconvenient for mobile users. Finally, not all companies have SWOT information available so users may not be able to get access to access some details about every organization they look up within LexisNexis Prospect Portfolio.
The software offers a variety of benefits for its users. It is a great tool for business intelligence, prospecting, and nurturing, providing great insights into customer businesses with API integrations. The product also integrates with Salesforce to provide new info about contacts, news about companies, analyst reports, and SWOT information. In addition, LexisNexis has an easy-to-use interface that allows users to quickly identify prospects by specific identifiers, listing properties and companies that individuals are affiliated with in the reports.
However, there are some areas where the product could better serve its customers. The matching algorithm for the information sent through their API and their database could be improved to save users time that's spent passing the DUNS number. Additionally, SWOT information is not available for all companies.
Overall, customers have had positive experiences with LexisNexis for Prospect Research but understand that further improvements can still be made to make it even more effective in helping users solve their business problems.
• LexisNexis Prospect Portfolio offers a user-friendly interface and provides valuable insight into customers' businesses with its API integration for small business risk score, business verification, and risk view.
• It integrates with Salesforce, providing new info about contacts, news about companies, analyst reports, and SWOT information.
• Customers have had positive experiences overall, rating this product favorably compared to other vendors.
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Lack of available information for some companies: Some customers noted difficulties in finding business information compared to contact information for executives. There have also been some complaints about the match percentage with the information sent through API's and the database.
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Cost efficiency: In comparison to other vendors, the cost of using LexisNexis has been found to be quite average and not particularly competitively priced.
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Limited SWOT information: While customers could access analyst reports and news about companies offered by LexisNexis, some customers were disappointed in their lack of availability on more companies or persons.
Users have made a few common recommendations regarding LexisNexis for development professionals. First, they suggest using the classic LexisNexis instead of the specialized version. Second, users recommend seeking out Advanced Search training if they decide to use the tool. Lastly, while the tool improves insight, it is not considered the ultimate solution for portfolio management. These recommendations provide valuable insights on how to maximize the benefits of LexisNexis for development professionals and highlight its limitations.