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17-451: Paydex is a term used by Dun and Bradstreet , for a numerical score granted to businesses as a credit score for the promptness of their payments to creditors. The Paydex score is used for commercial organizations in a manner similar to the way the FICO score is used for individuals. While credit scores for individuals or non-business entities take a number of factors into consideration, Paydex

34-517: A business reporting service. On February 5, 2003, Dun & Bradstreet restated prior period results to correct timing errors in recognizing some of the revenue associated with 14 of the company's 200+ products, after reviewing its revenue recognition from 1997 through 2002. In August 2010, Dun & Bradstreet spun off and sold its credit monitoring and management business to a newly formed company, Dun & Bradstreet Credibility Corp . In 2007, Dun & Bradstreet acquired AllBusiness.com and sold

51-466: A business team led by Spain. This team included Carl Shepherd, Lynn Atchison, Elisabeth DeMarse, Jani Spede, Kris Rao, and Gordon Anderson, among others. Spain was CEO from 1993 to 2001, and chairman from 1994 to 2002. Hoovers made an initial public offering on the NASDAQ exchange in 1999. The company then became a subsidiary of Dun & Bradstreet , which bought Hoover's for $ 119 million in 2003. After

68-432: Is calculated based on one single factor. Essentially, the factor is contingent upon whether the business makes payments to its respective suppliers and creditors either "as agreed" or "better than agreed" (i.e., pays prior to the agreed upon due date or pays more than the agreed upon amount; in other words, the payment exceeds the minimum balance). The Paydex Score ranges from 0 (worst) to 100 (best). A Paydex of 80 or higher

85-606: Is considered healthy for a company - that is, a company is paying its suppliers and vendors on time and before the scheduled payment due date. It is also important to note that payments received after they are due, or in other words, late, will negatively affect the organization's Paydex score. Today, most lenders and suppliers are looking for a score of 75 and higher. Dun and Bradstreet Dun & Bradstreet traces its history to July 20, 1841, with formation of The Mercantile Agency in New York City by Lewis Tappan . Recognizing

102-518: Is headquartered in Jacksonville, Florida , US. Hoovers was started in 1990 by Gary Hoover , Patrick J. Spain , Alan Chai, and Alta Campbell. Leading up to this, Hoover had founded the Bookstop book store chain, ultimately purchase by Barnes & Noble .[citation needed] Hoover's initially was called The Reference Press as it published reference books about companies. The company grew rapidly under

119-462: Is today known as Cognizant Corporation. On July 1, 1998, Dun & Bradstreet split into two companies, one assuming the Dun & Bradstreet name, while the other adopting the R.H. Donnelley name. In 2000, Dun & Bradstreet spun off Moody's Corporation . In 2001, Dun & Bradstreet acquired Harris InfoSource International, Inc., a data company. In February 2003, the company acquired Hoover's ,

136-777: The Dun & Bradstreet Worldwide Network, for an enterprise value of 7.2 billion kr (US$ 818 million). On May 20, 2021, Dun & Bradstreet announced its intention to move its global headquarters to Jacksonville, Florida. The company generates revenue through subscription-based products, business information reports, data licensing agreements, strategic partnerships, and concierge services. The company derives revenues through two segments: Americas, and non-Americas. Americas consists of: Non-Americas consists of: Dun & Bradstreet offers various products and services solving for credit, risk, marketing, sales, analytics, and more, including D&B Hoovers , Master Data , and D&B Data Exchange. Hoover%27s D&B Hoovers

153-598: The acquisition of Avention by Dun & Bradstreet in 2017, the D&;B Hoovers solution was launched, and replaced the existing Hoovers' product. Dun & Bradstreet maintains a database of more than 330 million companies with 30,000 global data sources updated 5 million times per day. It combines Dun & Bradstreet's data with Avention's sales acceleration platform. Subscriptions are sold primarily to sales, marketing, and business development professionals seeking contact information for prospective customers. The database

170-492: The acquisition of Dun & Bradstreet and it became a privately held company. Its former ticker symbol, DNB, was retired. On July 1, 2020, Dun & Bradstreet re-listed shares on the New York Stock Exchange, once again trading under the ticker symbol DNB. In January 2021 Dun & Bradstreet acquired Bisnode Business Information Group AB (“Bisnode”) , a European data and analytics firm and long-standing member of

187-498: The booming business. In 1859, Douglass transferred the company to Robert Graham Dun, who immediately changed the firm's name to R. G. Dun & Company. Over the next 40 years, Graham Dun continued to expand the business across international boundaries. In March 1933, R. G. Dun & Company merged with competitor John M. Bradstreet to form today's Dun & Bradstreet. The merger was engineered by Dun's CEO, Arthur Whiteside. Whiteside's successor, J. Wilson Newman, worked to extend

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204-460: The company in 2012. In October 2013, Bob Carrigan became the CEO of Dun & Bradstreet. On January 5, 2015, Dun & Bradstreet acquired the data management firm NetProspex. In April 2015, Dun & Bradstreet acquired Dun & Bradstreet Credibility Corp. and announced the formation of a new division, Dun & Bradstreet Emerging Business. In January 2017, Dun & Bradstreet acquired Avention,

221-622: The company's range of products and services, expanding the company dramatically during the 1960s by engineering ways to apply new technologies to evolving operations. Moody's , a credit reporting agency, was acquired by Dun & Bradstreet in 1962. The Dun & Bradstreet Data Universal Numbering System ( D&B D-U-N-S Number) was invented in 1963. Other companies acquired during this time included R.H. Donnelley , Official Airline Guides , Thomas Y. Crowell Co. , Funk & Wagnalls , Technical Publishing, and McCormack & Dodge , all since divested. In 1986, Dun & Bradstreet acquired

238-665: The education data company Market Data Retrieval (MDR). That year, Dun & Bradstreet sold Technical Publishing to Cahners Publishing . In 1996, the company restructured, creating three entities: Dun & Bradstreet, Nielsen , and the Cognizant Corporation . Cognizant Corporation included Nielsen TV Ratings , Gartner Group , Clarke-O'Neill, Erisco, and several other lesser known entities. In 1999, Cognizant Corporation spun off Nielsen TV Ratings and shortly thereafter divested all its holdings, emerging as IMS Health. IMS Health continued to hold its prize incubator company that

255-419: The maker of OneSource solutions. On August 8, 2018, Dun & Bradstreet announced the appointment of Thomas J. Manning, who had served as the company's interim CEO, as its new Chief Executive Officer, and that the company had entered into a definitive agreement to be acquired by an investor group led by CC Capital, Cannae Holdings, and Thomas H. Lee Partners. On February 8, 2019, the investor group completed

272-739: The need for a centralized credit reporting system, Tappan formed the company to create a network of correspondents who would provide reliable, objective credit information to subscribers. As an advocate for civil rights, Tappan used his abolitionist connections to expand and update the company's credit information. Despite accusations of personal privacy invasion, by 1844 the Mercantile Agency had over 280 clients. The agency continued to expand, opening offices in Boston , Philadelphia, and Baltimore. By 1849, Tappan retired, allowing Benjamin Douglass to take over

289-453: Was founded by Gary Hoover and Patrick Spain in 1990 as an American business research company that provided information on companies and industries through their primary product platform named "Hoover's". In 2003, it was acquired by Dun & Bradstreet and operated for a time as a wholly owned subsidiary. In 2017, the Hoover's product was re-branded D&B Hoovers. Dun & Bradstreet

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