Member Article

Dun & Bradstreet provides critical data & insights to support UK SMEs through turbulent times

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, today announced that it is offering a free Business Essentials package to support small businesses in the UK mitigate risk and restart growth in the wake of the COVID-19 pandemic. The company is also making a number of resources available to public sector organisations in support of efforts to stimulate business recovery.

The world is experiencing an unprecedented and challenging situation, leaving businesses of all sizes facing an uncertain future. Small and medium enterprises (SMEs) make up 99% of the UK’s private businesses and are the backbone of both the economy and our wider community. Keeping them afloat in turbulent times is a key priority for the UK economy and for society.

Businesses need data to inform critical decisions, more so now than ever before. Dun & Bradstreet is offering free access to key data and analytics to help UK SMEs with both their risk management and marketing activities, helping them to protect and grow their business. The data provided can help businesses to find new customers, retain current ones, and assess their exposure to risk using information on credit scores to manage on-time payments and take decision on how much credit to extend.

“A large number of organisations across multiple industries are going to feel the effects of the outbreak, but it’s likely that smaller businesses will feel the most impact and require the most support to survive the current environment” said Ed Thorne, Managing Director of Dun & Bradstreet UK. “We’ve been working to identify ways we can use our data and analytics to help as much as we can. Whether that be providing data science resources and information to governments or commercial data to help small businesses, we’re all in this together and it’s important to share resources in such uncertain times.”

Dun & Bradstreet is also actively supporting governments and communities using its insights and resources to help power business recovery efforts around the world. This includes the launch of a new COVID-19 Business Impact Research Platform to provide government agencies with data, analytics and insights to help determine the full impact of the virus on the business communities across the US, UK and Canada and will provide critical information on the number of businesses by region and industry to enable the prioritisation of response efforts and funding support. The platform is built on Dun & Bradstreet’s Data Cloud, containing comprehensive global information on more than 355 million businesses.

This was posted in Bdaily's Members' News section by Dun & Bradstreet .