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LexisNexis Adds Enhanced D&B Credit and Business Reports
Access to New Visual Graphics, Expanded Company Coverage and New Functionality in D&B Reports Helps Companies Gain Clarity When Evaluating Credit Relationships and Risk
DAYTON, OH, February 10, 2005 - LexisNexis U.S., a leading provider of legal, news, and business information services, today announced that it has expanded its extensive collection of Dun & Bradstreet content with the addition of the enhanced D&B Business Information Report and the Comprehensive Report, including new visual graphics, coverage of 5 million new U.S. businesses, and expanded D&B PAYDEX® Information. Aside from D&B, LexisNexis is currently the only provider to offer access to this information, which is available via its nexis.com and lexis.com® services.
The Business Information Report and the Comprehensive Report are two of D&B’s most popular and widely used reports because they help users assess three key questions: Who is the business? What is their payment history? Do they have risk factors that will change your decision to do business with them? Both reports are recognized within the credit management community as valued tools for evaluating business credit relationships.
"We acted quickly to add these enhanced reports because it will help our customers improve their day-to-day business decisions. The ability to view this type of content in an interactive, graphic format will dramatically improve how this information is used and shared within a company," said Elizabeth Rector, senior vice president of Corporate and Public Markets for LexisNexis. "Additional D&B content further strengthens our ability to provide our customers with a single point of access to trusted and comprehensive business intelligence information. LexisNexis customers also have the added confidence that they are receiving the most up-to-date information available."
Key Enhancements to the D&B Business Information Report
- Covers an additional 5 million new U.S. businesses (a 38% increase since 2001).
- Provides access to more than 375 million payment experiences to determine credit scores for confident risk assessment.
- Gives business registration details to help confirm the existence of a registered organization, and verify legal information, such as organization structure, date and state of incorporation and possible fraud.
- Provides key business ratios and industry norms that measure the relationship between financial values in a company’s balance sheet and income statement offering for evaluating the performance and stability of a business.
- Shows a company’s business dealings with the federal government through government activity indicators.
The updated Comprehensive Report is important for tracking a company’s history and where they are headed. New enhancements to this report include: supporting commentary and visuals to show what the scores mean; yearly payment trend graphs and charts and analysis that show payment trends to suppliers and risk analysis; and corporate family structure to identify business background, provide operational overview and assess risk.
The Business Information Report and the Comprehensive Report are also enhanced with corporate family links that list U.S. and global parent companies, branches, subsidiaries, and affiliated companies; expanded D&B PAYDEX® information that provides a dollar-weighted, 3-month view of how a business has paid its creditors and new payment trend profiles; and the latest North American Industry Classification System (NAICS) codes.
LexisNexis provides access to more than 32,000 news, business and legal sources. With breaking news, public records, legislation and regulations, business intelligence, intellectual property and public opinion, LexisNexis provides access to the interpretive data and the facts and figures that impact peoples’ business decisions across the globe.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis® and Nexis®research services, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac.
LexisNexis works closely with its customers to address job-specific and organization-wide information needs, driving productivity and confident decision-making.
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