D&B partners with some of the world's largest and most successful businesses along with mid-size companies and start-ups. What does D&B offer? Here's a general breakdown of some of their products and services.
• Risk Management Solutions
• Sales and Marketing Solutions
• E-business Solutions
• Supply Management Solutions
• Is the data accurate?
• Is the data complete?
• Is the data timely?
• Is the data globally consistent?
D&B takes their data through a process they call DUNSRight where they collect, aggregate, edit, and verify data from thousands of sources daily so agencies can use the data when making decisions for their businesses. D&B prides themselves on their ability to turn an enormous amount of data into high quality business information. Here's a breakdown of how the process works:
• Global Data Collection gathers data from worldwide sources.
• This data is integrated into their database through Entity Matching, which produces a single picture of each business.
• The D-U-N-S number is applied as a unique means of identifying and tracking businesses globally through the life of a business.
• Corporate Linkage is used to enable agencies to look at their total risk or opportunity with related businesses.
• Predictive indicators use statistical analysis to rate past performance of a business and to indicate how likely the business is to perform that same way in the future.
• Financial information
• Payment history and trends
• History of a Business
• Ownership Details
• Operational details
• Operational information
• Details on related firms and special events
• Real-time SEC filing links from Edgar Online
• Stock quotes
• Graphs
• Company web links
• Identify companies that have slow payment experiences or companies that have financial stress
• Use Business Ratios to ensure a company has enough assets to pay you
• Compare a company to other companies in the same industry locally or nationwide
• Know the business background of a company's owner(s)
• See how many times a company has moved and where; also how well it functioned under natural disasters or fires
• Review public records in D&B's information base to find out if any suits have been filed against a potential client
• Business Overview
• Products and Services
• Supplier Evaluation Score
The Supplier Qualifier Report (formerly known as the Supplier Evaluation Report) is an in-depth analysis of a supplier's financial position. It includes the following information:
• Business Overview
• Products and Services
• Supplier Evaluation Score
• Supplier risk analysis, financial stress, and commentary
• Download sales and marketing lists
• Look up company information
• Cleanse, analyze, and update customer information
• Explore opportunities within your current customer base
• Find new customers and markets
• Decide whether to do business with potential customers or suppliers based on credit history and history
• Identify potential new customers and/or partners based on industry and company research in addition to targeted marketing lists
• Collect from delinquent customers
• Stay up-to-date on important credit and management changes with your customers, suppliers, and competitors
With D&B's products for small businesses, you can do the following:
• Credit Reports - D&B's credit reports can give you the information you need to check creditworthiness and establish credit terms, which helps you maximize cash flow and reduce write-offs.
• Manage Business Credit - You can use D&B's tools and products to build an accurate and complete credit file while closely monitoring your business credit.
• Collect Debt - D&B offers a range of debt collection services to help you collect the money owed you without alienating your customers
• Find New Customers - Use D&B's research reports and marketing list that can help you find new customers and grow your business
• Subscriptions - You can get free reports and discounts with new subscription plans.
• Shorten sales cycles and improve close rates by targeting prospects, downloading leads, and performing pre-call research
• Gain a quick understanding of your market and lower the acquisition costs with in-depth company and downloadable prospect information
• Identify business or partnership opportunities and key decision-makers with up-to-date company and executive information
• Gain a quick understanding of companies, key executives, and industries
Sources:
www.dnb.com