D&B D-U-N-S® Number – The Global Standard
The Data Universal Numbering System (D-U-N-S®) was established by D&B in 1962. It is a unique nine-digit identification assigned to every business in D&B’s Global database.
The D&B D-U-N-S® Number is a widely recognized standard for identifying businesses among thousands of companies, marketplaces and regulatory entities. Companies worldwide use the D-U-N-S® Number to link information about suppliers, customers and trading partners, thereby providing a complete picture of the risk and opportunity in their business relationships.
All companies in the D&B database are assigned a D-U-N-S® Number after they have gone through a rigorous, proprietary process called DUNSRight®.
Significance of the D-U-N-S® Number :
- Is a global standard for authenticating businesses for online and offline transactions
- Enhances global recognition for businesses
- The same D-U-N-S® Number is retained through the life of a business, from inception to
closure (including bankruptcy)
- Facilitates linkages between companies and their related entities
- Exclusively used for vendor pre-qualification by Fortune 500 companies
- Through international credibility and authenticity as your company will be verified by D&B
- Provides global visibility as your company will be projected on the D&B global platform. This will help attract potential customers/partners to your business
- Reflects company linkages to your potential customers or suppliers
-