A short guide on Dun & Bradstreet and DUNS number
Dun & Bradstreet is a company that provides details and information on commercial credit
and also makes reports on the businesses. Also, Dun & Bradstreet is perceptible for the
DUNS number also known as Data Universal Numbering System; they generate reports of
business information for 100 million companies and above around the world. Dun &
Bradstreet was a merged company of R.G Dun and Bradstreet Cos established in 930.
and also makes reports on the businesses. Also, Dun & Bradstreet is perceptible for the
DUNS number also known as Data Universal Numbering System; they generate reports of
business information for 100 million companies and above around the world. Dun &
Bradstreet was a merged company of R.G Dun and Bradstreet Cos established in 930.
What Is DUNS Number?
DUNS, which is also known as data universal numbering system is a unique, series of
number of nine-digit that identifies each business. The Number is created by Dun &
Bradstreet that generates the business profile in their database and offers the name and
contact details of the company and also the details about their workers and their line of
business, with other important and crucial corporate details.
number of nine-digit that identifies each business. The Number is created by Dun &
Bradstreet that generates the business profile in their database and offers the name and
contact details of the company and also the details about their workers and their line of
business, with other important and crucial corporate details.
The DUNS number is extensively used method to identify companies. Dun & Bradstreet
always preserves updated and latest information on 330 million international businesses.
always preserves updated and latest information on 330 million international businesses.
How does DUNS Number Work?
The Dun & Bradstreet developed their data universal numbering system in 1963 that help to
identify the businesses as a part of their reporting system for business credit. In the year
1994, DUNS was the business identifier.
identify the businesses as a part of their reporting system for business credit. In the year
1994, DUNS was the business identifier.
The listed companies consist of key corporations, nonprofit organizations, partnerships and
small business owners.
small business owners.
The DUNS number offers the information that is related to the company like their official
title of business, name of entity, financial details, trade name, history of payment done,
economic status along with name of executive. Also, the number also permits a company to
do proper search for details about different companies and assist the businesses to search
for the potential customers, vendors and partners. The federal government needs every
detail about the existing and about the potential contract vendors.
title of business, name of entity, financial details, trade name, history of payment done,
economic status along with name of executive. Also, the number also permits a company to
do proper search for details about different companies and assist the businesses to search
for the potential customers, vendors and partners. The federal government needs every
detail about the existing and about the potential contract vendors.
It is mandatory to register for the DUNS number. On the other hand, the identifier is
essential to bid on the local government, state government and other government
contracts. With this they can also apply for some of the federal grants with a lender as this
allows for confirmation of business credibility and helps to conduct business with the
retailers and other foreign countries.
essential to bid on the local government, state government and other government
contracts. With this they can also apply for some of the federal grants with a lender as this
allows for confirmation of business credibility and helps to conduct business with the
retailers and other foreign countries.
Features of DUNS Number:
- The data universal numbering system number is quite unique; it is also nine-digit
numerical identifier which is well assigned to the single business corporation. - Dun & Bradstreet was developed in 1963 that could also help to identify businesses
being a part of their business credit system of reporting. - DUNS numbers are offered for free for the U.S. companies.
- Though, it is mandatory to have a DUNS number, having it will help the entity to
apply for various eligible government contracts and with it they can also conduct
business abroad.
How to apply for DUNS Number?
Applying for the DUNS number is basically done through DUNS website. The Businesses that
is based in U.S. might request the DUNS number. The company’s authorized representative
should complete the DUNS application, and receive the DUNS number might take about 30
days.
is based in U.S. might request the DUNS number. The company’s authorized representative
should complete the DUNS application, and receive the DUNS number might take about 30
days.