How does the D&B Trade Exchange Program work?
• The Trade Exchange program is a 'shared information network' that gives you 24 hours’ online access to payment information on current and prospective customers across the globe. The D&B Trade Exchange Program works in a fairly simple manner
• After entering into an agreement, each Trade Partner provides their receivables data to Dun & Bradstreet on a monthly basis - this information collected from multiple sources is then used to provide an overview of the customer’s payment habits
• In return for this data, the Trade Partner receives free of charge data that focuses on reducing Days Sales Outstanding (DSO) and risk. This information is provided to the Trade Partner through an E-portal in the form of customer payment reports
• Each Trade Partner has an individual site set up for their own use, which can be accessed only with proper authentication
• Dun & Bradstreet assures confidentiality of the data and its source. A written guarantee of confidentiality is signed by Dun & Bradstreet and issued to each Trade Participant
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