Analyse Local’s Data Driven Approach

At Analyse Local, we have a rich history rooted in software development, leveraging the power of data to transform our organization. Data has become one of the most valuable commodities in today’s digital age and is the driving force behind our success and future developments. Our expertise in software and data management has allowed us to diversify our products and services, offering cutting-edge solutions that drive progress in all areas of our business.

Maximise Business

Our Maximise Business service highlights the power of data in enhancing our research capabilities and productivity. By leveraging a wide array of data from various sources, we’ve significantly increased our ability to identify discrepancies and uncover potential leads. This comprehensive approach has enabled us to identify alterations and structural changes that occurred decades ago and were long overlooked.

The increased use of data and sophisticated analysis has not only expanded our knowledge base but also led to a notable rise in the number of cases we refer and our overall success. Our Maximise Business service exemplifies how data-driven insights can drive impactful outcomes and continuous improvement, as seen in the graph below.

Maximise Domestic

Our most recent service, Maximise Domestic, was developed in response to client demand. It includes a thorough audit of the full council tax list within a local authority, identifying discrepancies using advanced methods such as reverse geocoding and text string analysis. This data-driven approach enables an efficient and comprehensive review of all residential properties within a local authority. Thus, significantly reducing both time and expense and providing our rating researchers with a valuable resource lead.

OS Data Match

OS Data Match is an internal software product used to undertake precise address matching for commercial property data. Routinely updated address data is analysed and matched to rating data in order to identify leads. This service not only highlights novel leads but also uncovers new areas of focus, driving strategic growth within the department.

As you can see below, there has been a consistent rise in case referrals thanks to the successful internal product.

Verify

Our Verify Validate service is a testament to our expertise in data management. We meticulously collate, compile, cleanse, and process hundreds of data sets, including Companies House data, to build a comprehensive liable party database. By employing sophisticated matching algorithms, we analyse factors such as location, property type, liable party type, and liable party name. This approach provides our clients with valuable insights and enhanced decision-making capabilities.

Insight Forecast

Our Insight Forecast service analyses and manipulates data to assist our clients in managing their provision effectively and aids them in completing their NNDR1 and NNDR3 forms.  We utilise a variety of datasets including live and historic national rating list data, appeal’s and CCA data to calculate yield loss figures for our clients to enable them to monitor any potential losses. 

We also employ complex forecasting algorithms to analyse patterns and trends in the data to provide our clients with forecasted losses for the financial year. This considers the local commercial blueprint and trends from the 2010, 2017 and 2023 lists to provide a truly bespoke service for each of our clients.

Current and Future Developments

Exciting developments are underway at Analyse Local as we prepare to incorporate new data sets into our services, enhancing our ability to meet our client’s additional needs. Our ongoing evolution includes the integration of machine learning and AI to analyse valuable data sets. This commitment to data-driven research and innovation ensures we stay at the forefront of the industry, providing exceptional insights and solutions that drive success for our clients and partners. Our advancements allow us to lead the market providing audits, reviews, and expert opinions in business rates and council tax, all while significantly boosting our productivity and success.

If you would like more information about any of our products or services we offer, please contact your Analyse Local Client Manager, or email ‘support@analyselocal.co.uk’.

Share this article on:
Facebook
X
LinkedIn
Email

Looking for something?
Search here