What is D-U-N-S Number?
DUNS is a 9-digit number for businesses. Provided by a company called D&B, it represents Data Universal Numbering System, identifying businesses all over the world. You can regard this number as a universal registration number. This system usually used by creditors and potential partners to see the credibility and the stability of a business. It basically creates a credit file for companies. You also need a DUNS number for state offers. The system is currently used by 265 million global businesses. If you need to register to the government for agreements or grants, you need a DUNS number.
What do I need to get a DUNS number for my business?
You will need following information to register for a DUNS number:
- Legal name
- Name and address of the headquarter of your business
- DBA (Doing Business As) or commonly used other names for your business
- Physical address, city, state and postal code
- Mailing address (if different than physical address/headquarter address)
- Phone number
- Contact name and number
- Number of employees within the physical location
Why do I need DUNS number?
DUNS number is used many countries worldwide including USA, Australia and EU. The credit file related to your DUNS number helps creditors and potential partners find you and decide easily if they want to work with you. If you already had a loan/credit or signed an agreement, DUNS could still be useful for identifying your business. Having DUNS may help you improve the terms of an agreement or negotiate for a positive credit limit.
With your D-U-N-S number, you can:
- Merge your double entries within your database or clean them
- Bring together all the information you had kept within different databases. Merge related client accounts and create a single-client account.
- Decide a group’s total risk profile decide cross selling potentials of the same group.
- Integrate external data sources to your own system
- Connect related suppliers to increase your chance of negotiation during purchases.
- Create general profiles of your customers, suppliers or potential partners via demographic information by Dun & Bradstreet
Getting a DUNS number may be a complicated process. If you want us to help you with the process, please contact us!
TR Phone: +90 850 304 7002
US Phone: +1 302 526 4800
Address: Newark, Delaware.