Runner EDQ
Runner EDQ, founded in Kentucky, specializes in enterprise data quality solutions, particularly address verification.
Profile
Provides address verification and data quality solutions for enterprises.
Runner EDQ, founded in Kentucky, specializes in enterprise data quality solutions, particularly address verification. The company’s flagship product, CLEAN_Address®, is widely adopted in higher education and business sectors for its ability to validate and standardize postal addresses in real-time and batch processing. Runner EDQ integrates seamlessly with major enterprise systems like Oracle®, Ellucian®, and Salesforce®, ensuring data accuracy across platforms.
The company has built a reputation for reducing operational costs, improving engagement, and minimizing lost revenue due to inaccurate data. Florida International University, a notable client, reported $500K in potential lost revenue recovery and $100K in postage cost savings after implementing CLEAN_Address®. Runner EDQ serves over 1,384 customers across 15 industries, with an estimated $22M in customer savings.
The company’s focus on data integrity has positioned it as a key player in the data quality market, particularly in higher education, where accurate student and employee data is critical. Recent developments include expanding integrations with ERP and CRM systems, though the company faces competition from larger data management platforms.
Who buys this
- Higher education institutions
- Enterprise resource planning (ERP) users
- Customer relationship management (CRM) users
- Human capital management (HCM) systems
- Businesses requiring accurate mailing data
Publicly disclosed clients
- Florida International University
Strengths and what to watch
Strengths
- Seamless integration with major enterprise systems like Oracle and Salesforce
- Real-time and batch address verification capabilities
- Proven cost savings and revenue recovery for clients
Watch for
- Competition from larger data management platforms
- Dependence on enterprise system integrations for growth
- Potential challenges scaling in non-education sectors
Key Information
- Founded
- 1997
- Headquarters
- Boca Raton, Florida, Runner
Frequently Asked Questions
What does Runner EDQ do?
Runner EDQ specializes in enterprise data quality solutions, focusing on address verification. Their flagship product, CLEAN_Address®, validates and standardizes postal addresses in real-time and batch processing, helping businesses reduce costs and improve data accuracy across industries like higher education.
What is CLEAN_Address®?
CLEAN_Address® is Runner EDQ’s flagship product for address verification. It validates and standardizes postal addresses in real-time and batch processing, ensuring data accuracy. Widely used in higher education and business sectors, it integrates with systems like Oracle, Salesforce, and Ellucian for seamless enterprise data management.
How does Runner EDQ save businesses money?
Runner EDQ reduces operational costs and minimizes lost revenue by improving data accuracy. For example, Florida International University recovered $500K in potential lost revenue and saved $100K in postage costs after implementing CLEAN_Address®, showcasing the financial benefits of their data quality solutions.
Which industries use Runner EDQ’s solutions?
Runner EDQ serves higher education institutions, ERP and CRM users, HCM systems, and businesses requiring accurate mailing data. Their solutions are particularly popular in higher education, where accurate student and employee data is critical for operational efficiency and cost savings.
What systems does Runner EDQ integrate with?
Runner EDQ integrates seamlessly with major enterprise systems like Oracle, Ellucian, and Salesforce. These integrations ensure data accuracy across platforms, making it easier for businesses to maintain high-quality data while reducing manual effort and operational inefficiencies.
What challenges does Runner EDQ face?
Runner EDQ faces competition from larger data management platforms and relies heavily on enterprise system integrations for growth. Scaling in non-education sectors may also pose challenges, despite their proven success in higher education and other industries requiring precise mailing data.
Sources
- www.runneredq.com — Florida International University case study and cost savings
- www.runneredq.com — Company overview and product details
- www.runneredq.com — Company headquarters and operational details
- www.sec.gov — Regulatory filings and corporate structure