Inconsistent industry data ruins lead segmentation and reporting. When the same industry appears as “Tech,” “Technology,” “Software,” or “IT” across your prospect list, meaningful analysis becomes impossible.
AI can solve this by automatically mapping companies to your predefined industry categories, ensuring perfect consistency across thousands of prospects.
Standardize industry categories automatically using Coefficient
Coefficient’s GPTX_MAP function combines AI intelligence with controlled data mapping. It analyzes company information and maps the output to your exact industry taxonomy, eliminating inconsistencies that plague most CRM systems.
Unlike free-text fields that create data chaos, GPTX_MAP ensures every company gets assigned to one of your approved categories. The AI understands context and company descriptions to make accurate categorizations at scale.
How to make it work
Step 1. Create your industry taxonomy.
Set up a separate sheet with your approved industry categories in column A. Include categories like “Technology,” “Healthcare,” “Financial Services,” “Manufacturing,” etc. This becomes your master list that AI will map to.
Step 2. Apply the GPTX_MAP formula.
In your prospect list, add an Industry column and enter:. Replace A2 with your company name cell and IndustryList!A:A with your taxonomy range.
Step 3. Add context for better accuracy.
If you have company descriptions, enhance the formula:. More context helps the AI make better categorization decisions.
Step 4. Process your entire prospect list.
Select the formula cell and drag down to apply it to all rows. The AI will analyze each company and assign it to the most appropriate category from your predefined list, ensuring 100% consistency.
Step 5. Add validation rules for data integrity.
Set up data validation on your Industry column to only accept values from your taxonomy list. This prevents manual entries that could break your standardization.
Clean up your prospect data now
Standardized industry categories improve segmentation, reporting, and targeted campaigns. Your data quality will improve dramatically compared to inconsistent manual entries. Start using Coefficient to standardize your prospect data today.