Corporate structures are in constant flux as a result of mergers, break ups, bankruptcies, etc. It is vital to know who owns who when you are intent on, for instance:
- Reducing Purchasing Expenses: You might have multiple suppliers from the same corporation
- Minimising Risks: You might be especially susceptible when it comes to doing business with a particular corporation.
D&B Corporate Linkage provides information on 7.8 million corporate family relationships spread out over 380,000 corporations worldwide.
D&B offers an overview of your portfolio and helps you identify risks and potentials:
- Identify the cross-selling potential to sister or subsidiary companies of existing customers
- Reduce purchasing expenses by consolidating your purchases within the same corporation
- Reduce losses by gaining an overview of risks and credit capacity on a corporation-wide level.
This is also an important tool for the compliance and prevention of money laundering, fraud, and terrorism. Learn more about this here.
It is easy to access D&B’s Family Tree online.