Enterprise Taxonomy

Ineffective enterprise search may be costing companies $5,000 per employee every year in wasted time.¹ Enterprise documents are disorganized across a wide variety of systems and difficult to find. Further, there is no common nomenclature upon which employees can rely on to find documents and to electronically file newly created documents. Building such a nomenclature from scratch is a daunting task. The problem can be simply described: How does an enterprise tag content that is generated internally in a way that it is easily found by others?

WAND’s new enterprise taxonomy helps tackle this problem. Covering Accounting and Finance, Human Resources, Information Technology, Sales and Marketing, and Legal, WAND’s Enterprise taxonomy provides a four-tier hierarchy of categories for organizing enterprise information. This seed taxonomy can quickly and affordably help any company get started on implementing a corporate vocabulary project. The out-of-the-box structure can be customized with terminology that is important to any specific company. The taxonomy covers key concepts like diversity training, contracts, budgeting, invoices, and any other corporate function within an enterprise. Synonyms are added to the terminology on a regular basis. 

A tiered pricing structure is makes this taxonomy affordably available to companies of all sizes:

• 1-99 employees: $1,000 annual subscription
• 100-499 employees: $5,000 annual subscription
• 500-999 employees: $10,000 annual subscription
• 1000+ employees: Pricing upon request

Professional Services
WAND professional services can help customize the taxonomy further to include terminology that is specific to your company. WAND has over 13 years of taxonomy expertise and can assist in evaluating new terminology that should be added to the vocabulary. 

Industry Taxonomies
This new taxonomy can be paired with a WAND industry vertical product and service taxonomy to provide coverage of the products or services in the industry your company is part of. This taxonomy is an excellent way to organize your internal documents and is a source of metadata for tagging documents. Taxonomy augments enterprise search with the addition of synonyms, acronyms, and abbreviations. It also provides a structure to display an intuitive navigation interface for the end user.