topic Re: Dun & Bradstreet Annual Revenue? in Business Credit

Dun & Bradstreet Annual Revenue?

Anonymous — Mon, 16 Nov 2020 04:29:22 GMT

Does anyone know from whom or how D&B acquires information on annual revenues? I have yet to get a solid answer from them and can't find anything online.

Thanks

Re: Dun & Bradstreet Annual Revenue?

Anonymous — Mon, 16 Nov 2020 04:42:34 GMT

Think they use whatever data they have to estimate it

I don't even have any TLs on my DNB but they estimate me at ~50K revenue

Take the revenues they show with a grain of salt

Re: Dun & Bradstreet Annual Revenue?

chiefone4u — Mon, 16 Nov 2020 04:46:24 GMT

When I was setting up my account I was told I needed to submit bank records and tax documents to prove income.

At the time I saw no need to prove my income to a CRA so never did so. My profile list's my trade lines and a statement of "no verified income".

If you are wanting to update your income with Dun & Bradstreet contact them. They offer some services for free, and a wide range of Pay services.

Re: Dun & Bradstreet Annual Revenue?

WayneSki — Tue, 17 Nov 2020 09:48:18 GMT

@chiefone4u wrote:
When I was setting up my account I was told I needed to submit bank records and tax documents to prove income.

At the time I saw no need to prove my income to a CRA so never did so. My profile list's my trade lines and a statement of "no verified income".

If you are wanting to update your income with Dun & Bradstreet contact them. They offer some services for free, and a wide range of Pay services.

D&B is irrelevant,unless you plan on contracting with the government.

What bank asks for a Dunns number on applications?

Re: Dun & Bradstreet Annual Revenue?

851 — Wed, 18 Nov 2020 01:32:13 GMT

According to a DNB rep I spoke with recently, they used the Secretary of State where my business is registered. I asked exactly that question, where does my company's annual revenue data come from?

The data was from my company's first year of business, and was pretty low compared to recent years. I told them my current YTD sales (which was over 20x higher than the data they were reporting) and they updated our profile that week. It was that easy.

We have proposal's to work with the US government and register with a lot of government sites. They were asking for our DUNS number etc... so that's the only reason I even looked at our profile.

Re: Dun & Bradstreet Annual Revenue?

Anonymous — Sat, 05 Dec 2020 04:24:31 GMT

@851 Thanks for actually responding to the question I asked. That seems strange that a rep told you D&B gets revenue data from the SoS. I have also heard that their revenues are based on corporate tax returns but am not convinced that is accurate. Even in the wildest case, my state doesn't have a share agreement with the IRS, so I'm not sure they would have that data to give D&B in the first place.

Re: Dun & Bradstreet Annual Revenue?

Daltoidz — Thu, 10 Dec 2020 21:07:15 GMT

Assuming you already have a Duns Number.

Step 1. Go to dashboard.dnb.com and create a Dun&Bradstreet account.

Step 2. Login and go to D-U-N-S Manager.

Step 3. Click on launch.

Step 4. Scroll down to tab 5. Financial.

Step 6. Click "choose file" and upload your Financial Statements i.e. Balance Sheet & Profit and Loss Statements that I assume are saved as a file on your computer.

Step 7. Scroll down to tab 7. Review & Submit.

Step 8. Review then submit your documents.

Step 9. Wait about 7-10 days for DNB to audit then transcribe the info from your Financials into your DNB credit file.

I hope this helps.