Likelihood to Recommend
D&B Credit is amazing for any organization that wants to protect their bottom line from trade risk. It is very useful for assessing total exposure across an entire corporate organization and averting high risk scenarios. The best parts of the report are the trade payment history and corporate links. I would probably avoid the product if most of the business that a company conducts is outside of the USA since the foreign reports don't contain much detail. All in all, it is the best tool to use in a credit underwriting and credit line setting of a credit risk department.
- It's easier to read than DNBI
- The History of the Client section seems to provide more info than DNBI
- When searching for a Client by name it pulls up the Client much quicker than DNBI
Manager in LegalTelecommunications Company, 51-200 employees
- There is a part of the report that simply repeats itself.
- At times I have seen discrepancies in information. A company can be a low risk across the board but have a low Paydex or vice versa. Sometimes the credit information just doesn't coincide with the full report.
D&B Credit is more robust than Experian. Experian provided reports we found to sometimes be inaccurate based on what we knew. DNBI is going to sunset, but its reports were less useful. Smaller companies will do credit applications, but larger companies do not. Getting the daily news and event alerts is useful.
Return on Investment
- We use it to pass audits and remain SOX compliant. As far as I know, we have not failed any yet.
- It has helped avoid high risk customers to minimize write-offs and losses.
- It is a bit expensive, but 100% helps me do my job faster and more efficiently.
Premium Consulting/Integration Services—
Entry-level set up fee?