Businesses often have a great deal of information available. However, the information is often extremely fragmented, in various systems or recorded in different databases. To obtain a proper and complete idea of your business relations, it is essential to integrate your databases to create a single, clean, master data management file.
How can you ensure that the information from the various sources is added to the right master data record? This requires a reliable reference database. D&B's businesses database is the largest and most comprehensive in the world. Your databases are matched and all records are assigned a DUNS number, which is used to determine the correct entity. The DUNS number provides a basis for readily combining information from various sources into a single, central database. At the same time, valuable extra information from the D&B database can be added to your records. You transform the data in this way to produce valuable, complete, consistent and reliable information which provides a basis for making well-founded business decisions.
When centralising business units or departments, the migration of various databases presents a considerable challenge, owing to inconsistency and contamination of various sources.
The first step towards business intelligence is to collect data from various systems into a central database (data warehouse). Use D&B's reference database to add intelligence to your data.
Merger / acquisition
The success of mergers and acquisitions is often impeded by poorly integrated data. A lack of metadata, various inconsistent data sources and poor data quality are major problems.