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D-U-N-S® Numbers

Introduction

The D-U-N-S® Number is a robust tool for organizing the information you hold on different businesses.

The D-U-N-S® Number is a unique designator, independently and objectively assigned by D&B, that makes it easy to track enterprises throughout their lifecycle.

Only D&B can assign D-U-N-S® Numbers.
D-U-N-S® classification system introduced in 1962.
More than 140 million companies have been assigned D-U-N-S® Numbers in a rigorous, proprietary process called DUNSRight.

The essence of the D-U-N-S® Number

Three qualities of the D-U-N-S® Number system drive the cost savings, process efficiencies and commercial insight such customers achieve:

Unique
Enduring
Unifying data elements

The DUNS Number is shown on each business report and is unique reference for the business.

Customer Challenges

Identifying and verifying legitimate businesses.
Tracking changes within the businesses of customers and suppliers.
Consolidating Data held on customers and suppliers.
Identifying commercial opportunities and potential customers.

Solution Benefits

Identifying and verifying legitimate businesses

For companies, getting a D-U-N-S® Number is the first step to building a detailed credit history.
Improving their credit profile can nurture a business’s reputation with suppliers, trade partners and financial institutions.
With a D-U-N-S® Number, the business appears legitimate to potential customers, partners and lenders.
A D-U-N-S® Number uniquely identifies a company, like a fingerprint.
D-U-N-S® Numbered records may contain information a company might not volunteer to a trading partner.
A growing number of government organizations, such as the US Government and the UN, have policies which require applicants to have a D-U-N-S® Number.

Tracking changes within businesses

The same D-U-N-S® Number stays with the company through its entire life, from inception to closure including bankruptcy.
As a company makes public filings, changes location and engages in mergers or acquisitions, the D-U-N-S® Number assures that these changes are related to that one unique entity.

Consolidating Data

The D-U-N-S® Number consolidates business units. If two trading companies have the same number, they are units of the same company.
The D-U-N-S® Number prevents duplicating records relating to single legal entity and helps minimize errors in records.
As only one company can have a particular D-U-N-S® Number, cross-referencing other data on that company can be easier.
The D-U-N-S® Number also helps to build family trees showing all the members of a trading family and linkages between company ownerships.

Identifying commercial opportunities

The D-U-N-S® Number is a key unlocking the trading history and purchasing potential of millions of enterprises across the globe.
The D-U-N-S® Number offers the most robust basis for commercial insights that will protect revenues, limit risks and fuel programs to increase profitability.
The D-U-N-S® number can help a company to gain international visibility and credibility through the D&B database.
Being included in the D&B database helps companies to identify and engage with potential customers across the world.