Dun & Bradstreet launches online trust solutions in the Philippines

MANILA, Philippines - Dun & Bradstreet (D&B) has launched Online Trust Solutions (OTS) for the Philippines, the second market in ASEAN.

In global markets, the lack of transparency in online commerce is a serious barrier to growth. Establishing credibility with a new business partner is a challenge faced by most companies today. Knowing who the company behind an offer is can make the difference to close a deal — and this applies to both customers and suppliers.

As the world’s leading source of commercial insight, D&B offers the D&B D-U-N-S Registered seal that enables companies across the globe to confidently make informed business decisions. D&B has been the partner of choice of many companies for 170 years, creating a host of solutions designed to meet business goals for the diverse needs of customers globally.

D & B recently introduced its newest suite of solutions called Online Trust Solutions (OTS). The launch was headlined by Nicholas Teoh, vice president for D&B Asia Pacific Partnerships and Sheila Lina, executive vice president of D&B Philippines at The Peninsula Manila, and was held for D & B’s existing clientele as well as for prospective customers.

 “The current market environment has made it difficult to build trust on the authenticity of the information displayed on any company’s website. The D-U-N-S Registered seal on a company’s website means D&B has verified the information of that company and this will facilitate trade and build confidence,” says Teoh.

OTS can be a powerful tool for small and medium enterprises (SMEs). “The Philippines is the second ASEAN country where we launched OTS; the other being Thailand. We have been very successful in the rest of Asia, primarily in India and China because of their SMEs. We believe that the same could be true for the Philippines because the local business landscape is well suited for SMEs to thrive in,” says Lina.

D&B has provided the D-U-N-S Registered seal for more than 28,000 global companies. All these companies are listed on the D&B D-U-N-S Registered Global Directory available on www.dunsregistered.com.

A company’s website is one of the first sources a new business partner will visit in order to gain more information on a company. Companies will now be able to display the D&B D-U-N-S Registered online profile of their business to their prospective business partners through a seal on their website. Visitors of the site will know immediately that the existence of the company has been verified by a reliable external source. A click on the D-U-N-S Registered seal opens a pop-up profile containing basic information about the company. The profile data is sourced from D&B. This way the respective company uses the credibility of the D&B brand to create confidence and trust in business partners in the global marketplace.

For more information and inquiries, contact the customer value management team at 750-0082.