How does Dun and Bradstreet get their information?

How does Dun and Bradstreet get their information?

Data sources:

Dun & Bradstreet utilizes a diverse range of sources to collect business information. Some of the key sources include:

Publicly available information:

One of the primary sources of information for Dun & Bradstreet is publicly available data. This includes information from government agencies, public filings, court records, and regulatory databases. These sources provide valuable insights into a company's financials, legal history, and other relevant details.

Trade references:

Dun & Bradstreet also collects data from trade references, which are provided by suppliers, vendors, and customers of a business. These references typically include trade credit information, such as payment behavior, credit limits, and outstanding balances. This data helps in assessing the creditworthiness and financial health of a company.

Contributed data:

Dun & Bradstreet maintains a vast database of contributed data from various sources. This includes data from businesses themselves, industry associations, and strategic partners. The contributed data often includes detailed information on a company's organizational structure, key personnel, industry classification, and other business-specific details.

Data partnerships:

In addition to its own data sources, Dun & Bradstreet has formed partnerships with a wide range of reputable data providers. These partnerships allow the company to access industry-specific data, market trends, and other valuable insights. By combining this external data with its own information, Dun & Bradstreet offers a comprehensive view of businesses across various sectors.

Data aggregation and validation:

Once the data is collected from various sources, Dun & Bradstreet employs complex algorithms and advanced data cleansing techniques to aggregate and validate the information. This ensures that the data is accurate, up-to-date, and reliable. The company also conducts regular quality checks and audits to maintain the integrity of its database.

Data privacy and compliance:

Dun & Bradstreet is committed to maintaining strict data privacy and compliance standards. The company ensures that all data collection and processing activities adhere to relevant laws and regulations, such as the General Data Protection Regulation (GDPR) in the European Union. Data privacy is a top priority for the company, and it takes various measures to protect the confidentiality and security of the collected data.

Conclusion:

In summary, Dun & Bradstreet gathers its business information from a wide range of sources, including publicly available data, trade references, contributed data, and data partnerships. The collected data undergoes rigorous validation and cleansing processes to ensure accuracy and reliability. With its extensive data network and advanced analytics capabilities, Dun & Bradstreet provides valuable insights and solutions for businesses worldwide.

Frequently Asked Questions

Dun and Bradstreet gathers their information from a variety of sources, including public records, government agencies, financial institutions, trade associations, business directories, and their own network of data contributors.

Dun and Bradstreet updates their information on a continuous basis. They use advanced data collection technologies and algorithms to gather and process information in real-time, ensuring the accuracy and timeliness of their data.

Yes, businesses can update or correct their information in Dun and Bradstreet's database. They provide a Data Update Portal where businesses can submit changes to their information and request updates to be made.

Yes, Dun and Bradstreet has a rigorous data quality process in place to ensure the accuracy of the information they gather. They use various methods, including data validation and verification techniques, to confirm the validity and reliability of the data before it is included in their database.

Yes, Dun and Bradstreet takes data confidentiality and security seriously. They have strict measures in place to protect the information they gather, including physical, technical, and administrative safeguards. They comply with industry standards and regulations to ensure the privacy and security of the data.