To improve data quality and matching results, ACME requires that addresses are validated against a third-party service (e.g., Loqate). This applies to any entity record that are either propagated to MDM or onboarded within MDM. This improves the quality of master data through standardization of addresses and identifying duplicates entity records. Other benefits include improved operational processes such as reporting and analytics downstream from MDM.
Having standardized addresses may reduce overhead operational penalties and increase efficiency of existing processes, as well as build organizational trust in MDM.