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Achieving Greater Efficiency in Sales Activities

LBC, Japan's Largest Corporate Master Database, Implemented at PayPay

Building a Data Foundation for Merchant Acquisition and Achieving Greater Efficiency in Sales Activities

PayPay Corporation

uSonar Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; President: Katsuhito Nagatake), a company supporting database marketing, is pleased to announce that it has provided 'LBC,' Japan's largest corporate master database, to PayPay Corporation (Headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Ichiro Nakayama; hereinafter 'PayPay'). 'LBC' was selected as the database for formulating sales strategies due to its high level of corporate coverage and the richness of its corporate attributes.

Background of Implementation

PayPay is a company that provides electronic payment services utilizing smartphones. Currently, the company was facing the following challenges in developing new merchant accounts:
・ The manual search and information gathering process for target companies is labor-intensive, placing a significant operational burden on resources.
・ The collected information lacks sufficient corporate attributes such as industry type and annual revenue, making it difficult to utilize for sales and marketing activities.

To address this, PayPay will integrate 'LBC,' Japan's largest corporate master database held by uSonar, into its existing Salesforce sales force automation (SFA) tool, 'Sales Cloud.' This will enable the visualization of white space (non-transactional companies) and the creation of a sales strategy foundation that integrates transaction history for use in sales and marketing.

Benefits of Implementation

By linking the functions of the corporate master database 'LBC' and the customer data integration solution 'uSonar' with 'Sales Cloud,' PayPay will build a data foundation for merchant acquisition and achieve greater efficiency in sales activities.
① Standardize data registration in 'Sales Cloud' using the Quick Search API, an optional function of 'uSonar'.
② Update missing attribute information such as industry type and annual revenue, enabling trend analysis at the corporate level.
③ Visualize market development status by integrating transaction history with 'LBC,' Japan's largest corporate master database.
④ Enable the extraction of new target lists that should be approached with priority.

PayPay_IMAGE.png

Company Overview of PayPay

Company Name PayPay Corporation
Location Tokyo Garden Terrace Kioicho Kioi Tower, 1-3 Kioicho, Chiyoda-ku, Tokyo
Representative Ichiro Nakayama, President, Representative Director, and CEO
Establishment June 15, 2018
Business Description Development and Provision of Electronic Payment Services, Including Mobile Payments
URL https://paypay.ne.jp/


* Company names and product names mentioned are trademarks or registered trademarks of their respective companies.

Article Publication Date: September 4, 2019

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