What Exactly Is a D‑U‑N‑S® Number?
The D-U-N-S (data universal numbering system) Number is a nine-digit identifier that keeps the information about hundreds of millions of businesses worldwide up-to-date and accurate. It is assigned exclusively to each company and provided by Dun & Bradstreet.
Who would someone use a D-U-N-S® number?
Lenders and potential business partners frequently use D-U-N-S Numbers to assess a company's dependability and financial stability. The D-U-N-S Number's ability to trace hierarchies and hyperlinks between different business entities is an integral component of Live Business Identity and commercial risk assessment practices. Additionally, some eCommerce platforms, such as Walmart Seller Center, use the D-U-N-S to verify a company's account through the integration process.
Benefits of a D-U-N-S Number
Establish credibility with lenders, and expedite applications for loans and contracts
Deal with foreign governments and firms.
Make sure other businesses get a complete and accurate story about your business.
Verify your business in eCommerce platforms such as Walmart.
Common Questions About D-U-N-S® Number
Q) How is the D-U-N-S® number assigned?
This number is assigned after Dun & Bradstreet's DUNSRight methodology identifies a company as unique in the Dun & Bradstreet Data Cloud. In the Data Cloud, a company's D-U-N-S Number is the foundation for its Live Business Identity, the most complete and dynamic profile of any given enterprise.
Q) How long does it take for a D-U-N-S® number to be assigned?
The time it takes to receive your order depends on the package you select; the maximum time is 30 days, but some packages may have you receiving your order sooner.
Q) Can I Use the D-U-N-S® number to register for Walmart Seller Central?
Yes, you can use the D-U-N-S® number to register for any eCommerce platform requesting it from you.
Q) What do I need to prepare before placing my order?
Click on Get DUNS, and fill out the questionnaire (It won't take 3 minutes); ensure you have your company documents ready. If you don't have a company, you can start one from here )Clickable to Start My Business
Q) What is the difference between a DUNS and a Federal Tax ID EIN?
A DUNS number differs from a federal tax ID, called an employer identification number (EIN). A DUNS number is used for business credit reporting purposes, whereas an EIN is issued by the IRS and used for tax identification purposes.
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