Why should I provide information to D&B?
Your Suppliers
It is a smart business decision to provide D&B with current information on your company. Why? Because thousands of businesses look for it every day from our global database. Having complete information can be the difference between winning or losing an account or credit opportunities. Suppliers request credit reports on new, as well as, existing customers. In fact, today's volatile economy means more and more companies are using third-party sources to monitor the status of their client portfolios. Any significant change to your D&B file, such as the addition of a public filing or a change in payment trend can trigger a full review of your report. So, make sure your report tells the complete story of your business.
Your business can have a distinct advantage over your competitors who do not provide information to D&B. More and more, D&B's database is used for receivable management, purchasing and for pre-screening businesses prior to a marketing campaign or a special promotion. Is your report up to date so that you receive the best terms suppliers have to offer? Increased efficiencies and cost effectiveness can usually be passed on to you. Those savings can then be translated into lower expenses and give you the edge in your industry.
Your Time
In today's fast-paced world, the inclination to have customers fill out lengthy credit applications is decreasing, while the tendency to refer to third-party information, such as D&B, is increasing. In some cases, D&B is even assisting companies in managing and assessing their credit risks by performing a range of custom designed services. How are we able to do this? The past is frequently a prediction of the future and D&B has capitalized on that. We have developed powerful predictive scoring models that can assist companies in deciding the likelihood of financial distress in the future. In the final analysis, any application process will be quicker if your D&B report is complete and up to date.
Our Reputation
D&B began in 1841 as a credit reporting agency and continues today as one of the leading providers of business-to-business credit, sales & marketing, purchasing, receivable management and decision-support services worldwide. We maintain the world's largest database of over 200 million businesses. We keep track of these businesses with our unique nine-digit identification code--the D&B D-U-N-S® Number.
The first step toward establishing an information file about your business with D&B is obtaining a D&B D-U-N-S® Number. The D&B D-U-N-S® Number is at the core of global sales & marketing, credit and purchasing. Since being introduced in 1962, the D&B D-U-N-S® Number has dramatically grown in use and is recognized and endorsed as a global business identification standard by industry organizations around the world including the U.S. Federal Government, International Standards Institute (ISO), American National Standards Institute, the United Nations (UN/EDIFACT) and The European Commission (EDIRA) and more.
Contact Us to update your D&B Profile
D-U-N-S® Number Contact Window:
Truong Boi An (Fiona)
T: +84 8 3821 9261
F: +84 8 3821 9181
