As we all know, India is among the largest marketplaces in the world. There are thousands of businesses, and you cannot know about all of them with every single detail of them by yourself. And doing business with any company you are unfamiliar with increases your risk and decreases your confidence in potential prospects. However, there is one tool to rescue you from avoiding such misfortunes and elevating your trust. So, if you want to know more about the application, keep scrolling to read all the details.
One Tool to Extract Business Information
The global business intelligence company Dun & Bradstreet offers you a platform named D&B iAccess. It is a business forum that provides Indian business listing in an organised way at your fingertips whenever you want. In addition, it has Indian company information about millions of businesses that are gathered from over 100 authentic sources.
One of the added advantages of using D&B iAccess is that the interface updates you continuously about potential risks (whether it is legal, financial, regulatory or reputational) and give you the latest information based on their compliance checks and monitoring tools online.
Top 5 Benefits of Having Company Information
Data is an integral part of the business scenario as it has open gates for honest and smooth business dealings. Here are some of the benefits of obtaining such information and how you could use it for your own business.
- Risk Assessment: Before onboarding a new client in your business, you can use company information and insights via D&B iAccess, ascertain whether or not the entity fits your organisational goals, including financial terms.
- Find Opportunities: When you have an extensive database at hand, you can explore your target market, find new prospects, assess any risks associated with them and improve your marketing strategy to convert potential prospects into a profitable trade.
- Increase Efficiency: Your productivity increases when you have accurate data and get updates about potential risks. As a result, there are fewer chances of errors, which increases the overall business functions.
- Smooth Decision Making: Data and insightful analysis will keep you ahead of others and ensure that your decision is logical and rational. With true facts and numbers, the quality of decision making will increase, at the same time, you can make faster decisions.
- Saves Time and Effort: A step in the right direction with comprehensive data and information is your way to a successful business. It saves a lot of time and effort as you don’t need to create your own database. Instead, you can take the necessary decision by extracting the required information from the existing database of D&B iAcess.
Data and insightful information are the most crucial factors to run a successful long term business across nations. So, if you are a business owner who deals with inaccurate data, wrong prospect data, difficulty in trusting partners, then you should definitely use D&B iAccess. And save your business from risks and data mess.