What is Dun & Bradstreet and D-U-N-S® Number? & its charges
Dun & Bradstreet (D&B) is a globally renowned provider of business data, analytics, and insights, empowering businesses to make informed decisions. Among its flagship services is the D-U-N-S® Number, a unique nine-digit identifier that is essential for businesses worldwide to establish credibility and unlock global opportunities.
What is a D-U-N-S® Number?
The D-U-N-S® Number (Data Universal Numbering System) is a globally recognized standard for identifying businesses. Created by Dun & Bradstreet, it helps track business activities, verify credibility, and support transparency in business transactions. It is widely used for:
•Establishing trust with vendors, suppliers, and customers.
•Accessing a business’s credit profile.
•Meeting compliance for international trade and government contracts.
•Enhancing visibility in global markets.
The U.S. Federal Government, among others, mandates a D-U-N-S® Number for businesses applying for contracts or grants. It is also required by companies registering with Apple Developer Program, Amazon, or other global platforms.
Explore D-U-N-S® Number Benefits
Key Benefits of a D-U-N-S® Number
1.Business Credibility
Demonstrates a company’s reliability and strengthens relationships with clients, suppliers, and vendors.
2.Global Recognition
Used by over 200 million businesses worldwide to identify and verify their operations.
3.Improved Business Opportunities
Required for partnerships, financing, and collaboration with government or enterprise-level entities.
4.Access to Credit Reports
Provides insights into a company’s financial stability and creditworthiness.
5.International Trade Compliance
Many governments and multinational corporations require a D-U-N-S® Number to ensure compliance in business transactions.
How to Get a D-U-N-S® Number?
Steps to Obtain a D-U-N-S® Number:
1.Visit Dun & Bradstreet’s Website
2.Submit Company Information
Provide details like business name, address, phone number, and industry.
3.Verification Process
Dun & Bradstreet verifies your information before assigning the D-U-N-S® Number.
Charges for a D-U-N-S® Number
•Free for Basic Requests
In many countries, obtaining a D-U-N-S® Number is free if there is no urgency.
•Expedited Services
If you need the number urgently, Dun & Bradstreet may charge a fee. Fees vary depending on the region and timeline. For example:
•In the United States, expedited processing can cost $229 to $349.
•In India, similar services may range from ₹5,000 to ₹15,000.
Frequently Asked Questions (FAQs)
1. What is the purpose of a D-U-N-S® Number?
It is used to establish credibility, track business history, and comply with government or corporate requirements for transactions.
2. Is obtaining a D-U-N-S® Number mandatory?
Yes, for businesses applying for government contracts, international trade, or enterprise-level partnerships.
3. What are the charges for a D-U-N-S® Number?
•Free for standard processing in most countries.
•Paid services available for expedited requests. Prices vary based on location.
4. How long does it take to receive a D-U-N-S® Number?
•Standard Requests: Typically 30 days.
•Expedited Requests: Delivered within 5-10 business days, depending on service terms.
5. Can I update my D-U-N-S® Number profile?
Yes, Dun & Bradstreet allows businesses to update their information online for accuracy.
Find More Answers to Your Questions
Conclusion
A D-U-N-S® Number is an invaluable tool for businesses aiming to grow globally, establish credibility, and build partnerships. Whether you’re seeking government contracts or expanding into international markets, it ensures you stay competitive and trustworthy.
For detailed guidance, visit Dun & Bradstreet’s official D-U-N-S® Number Portal and secure your identifier today!
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