D&B Finance Analytics

We used D&B Finance analytics primarily to get insights on our customer, study their payment patterns, the industry they serve, related businesses (family tree) and others to make confident credit decisions.

However, there are more than a few instances that it seems like the same business have different D&B codes assigned to same business and so they have duplicate profiles. I'm not referring to a parent/subsidiary but local boutique businesses. Credit decisioning in these instances are more time consuming.

Performing credit reviews for Customers, verifying the legitimacy of their business and address, checking credit history especially payment history and ratings for the number of analytics provided. Then establishing credit limits or prepayment status based on order amount or possibly downpayments with order and a structured payment plan as we ship product.

My organization uses this program to validate potential insureds financial performance. The information provided helps us determine financial strength of our insureds. It has really helped us identify which organizations are most likely to either pay us late or cancel for nonpayment. It has helped us get a better understanding of insureds financial situations.

We use D&B Finance Analytics to ascertain credit worthiness of new and existing clients.

I use D&BFA for company/individual information and conflict checks. This vehicle searches our prospective new clients for their company, financial and any adverse information we require to approve. This is extremely important in my job as a conflicts analyst, as we rely upon this information when researching potential new clients.

I use D&B Finance Analytics to look up the current status of entities within our organizational framework - see if we have a local entity in other countries - and details for Notices, etc. I also use it to research other companies as necessary for my role within the legal department.

We originally went onboard with D&B Finance Analytics to increase the efficiency of our credit underwriting process. Unfortunately, it was only used to receive online credit applications which only a few came through.

I am the Credit analyst at my company and I use D&B Finance Analytics almost daily for Credit Reviews and Customer set ups. I find it very helpful in identifying who is credit worthy and who is ranked at a higher risk. What I love about D&B Finance Analytics is that it provides updates on certain customers if the credit factors fall below the acceptable threshold.

We use it to analyze current and prospective customers' credit. The process involves some preliminary research and vetting of the information provided to our team, and we utilize many of the features in the analytics.

We use it to get rough estimates of company revenue, track their locations, and examine the reliability of their trade payments to get a sense of the business's stability. I also use it to examine past UCC filings or court cases filed against the group to estimate its stability, mostly for financial data.

As a credit manager, I utilize D&B Finance Analytics to research potential customers, set credit limits on new accounts, and evaluate and track trends of current customers. It takes so much guess work out of my day and allows me to be more informed. I find it much quicker and more reliable than trade references.

We use D&B Finance Analytics to assess the credit worthiness of potential customers and prospects. The product is also used to update credit limits and verify prospects.

On a macro level, D&B allows us to provide C-Suite members with an analysis of our entire customer portfolio.

D&B Analytics has been a game-changer for us. Their team developed a "Custom Score" algorithm that pulls in tons of data to create a score for each new prospect that comes to us, between 1 and 10. If the company scores above that number, credit terms are offered. If they score below that number, it's cash in advance. Simple, fast and accurate. I don't know what we did without it before we started using it.

We use it for trust in the vendors we do business on. It allows us to be ability to see whether the vendor we do business with will have the agility to make payments and whether they will be timely. We also use it for information such as confirming company physical addresses and other matters such as this.

We use D&amp;B to qualify subcontractors and vendors to make a decision on whether we'd like to do business with them. This addresses our concerns with their financial stability, longevity, and legal issues they may have had with other companies. <br><br>Our use case is within the construction industry so there is a lot of risk with our subcontractors and suppliers as to whether or not they can perform their work well and whether they will be able to complete the work depending on their financial status. Being able to see this information mitigates the potential risk that might fall on our company if we were to work with a risky business.

D&amp;B is used to better identify high risk accounts and determine their default/termination status.

We use D&B to monitor our accounts and establish new accounts. We do a monthly upload of our full Accounts receivable to D&B Finance Analytics monthly to ensure that we receive an accurate report out to upload into our AR software that connects to our accounts and hosts our account credit function.

We use D&B Finance Analytics to research and verify customer credit limit recommendations. The site has a wide database of companies and information available to its users. It is quick to log in and pull credit reports and credit limit recommendation data. We are also able to pull updated reports if circumstances change.

We use D&B Finance Analytics to research the credit history of businesses that want to open an account with our company. This helps us see what kind of business they are, a recommended credit line to use, how quickly they pay their bills, and the risk of the company as a whole.

We use it to verify new customers viability we are bidding for, and new customers asking for credit to determine account limits and approvals

We have been using this report for many years and I use the D&B Finance report weekly when we have to set up a new account, so we run that report and it give us a very good idea about the new accounts. Extremely helpful, we depend on it a lot! I would definitely recommend this report to all business when they want to search history on company.

I am responsible for initiating the process of setting up new customers for our company. The first thing I do is log into the D&amp;B Finance Analytics and look up the customer by name. Whether I have all the information I need, or just a phone number, there are plenty of options for locating the company. <br>The information provided is updated, timely and accurate. We use that information to determine the credit terms for our new customer. It's always helpful to consult the D&amp;B recommended credit limit as well.<br>Other data like how long the customer has been in business and whether they own or lease their space is also a critical component. We base the bulk of our decision on the information that we gather there.

I use the analytics to help in the decision-making process for determining credit lines. I consider DnBi to be an integral part of my credit analysis. Before DnBi, I strictly used Equifax. I find DnBi to be a better source of information for the future outlook along with providing excellent detail on the past year.

We use our D&B Finance Analytics to run credit searches on any new customer that is want more than $1,000 in credit. We also run it on customers that become delinquent.

I use D&B to determine credit worthiness for our clients in regards to Net terms as well as the credit limit given. We also receive notifications for any companies facing financial difficulties so that we are not caught off guard. D&B reports play a vital roll with new and existing customers in our company.