D&B Finance Analytics

Best suited for quick overview or credit profile of a potential customer. Less suited to singularly rely on the information there. A user still needs to triangulate to other sources online/connections.

This would be incredibly useful for any organization needing a broad financial picture of an organization. This is extremely useful for determining which customers are stressed financially or are most likely to pay late/not at all. I use this program every time I am looking at payment issues for any of my clients.

Overall, I feel that D&B is the best credit rating service to use for business to business credit. However, I don't feel it represents a comprehensive view of all vendors for a particular customer.

I can only say that D&B is extremely useful for my job role as a conflicts analyst and the company is relied upon to give up-to-date, accurate and useful information about a business company or individual. This is very important in my role, as this is used when researching and approving potential new clients, whether business or individual.

D&B Finance Analytics is well suited for understanding the background and requirements for entities located outside of the US. D&B Finance Analytics is thorough and keeps all corporate information very organized. I am able to see who acts as the authorized signers for various entities and whom to contact with any problems without having to go through a whole org chart of people to find someone knowledgeable about the question I am asking.

D&B Finance Analytics has a simple and efficient interface, easy to follow credit decision system and is backed by the rich history of D&B's data.

D&B Finance Analytics is well suited when trying to identify customers who are credit worthy. It is important to feel comfortable when trying to give credit to a potential customer.

Credit analysis and decisions around new customers, risk rating, and renegotiation for existing customers.

I'd use it to get rough estimates of the financial performance of small, private companies without public data sources. I don't even bother consulting it for large, public companies where I can examine their SEC filings. However, it's better than nothing in the former use case.

It's an invaluable tool for a credit manager. They provide reliable and current data so that I can make well informed decisions based on factors such as annual sales, payment history, and trending scales. Easy to read data with color coding gives a quick overall feel, then Im able to dive in further for more analysis.

This a great product that is helpful for companies of all sizes.

Last year, I recall that we had a prospective advertiser demand credit terms or they wouldn't do business with us. I checked their Custom Score and it was 'below the line' so I rejected credit terms and said if they wanted to advertise with us, they would need to pay cash in advance. They blew a fuse but I said the numbers are the numbers. So, it was easy to defend the decision.

D&B Finance Analytics allows us to do business with vendors who are reputable which in turn makes our collections and A/R processes much easier.

Most cases in particular where D&B has been beneficial to our company is to see that a company has been involved in legal suits with other companies doing the same type of work as us. The visibility of seeing this allows us to see that a particular company has a history of bad faith in this industry with similar contractors, which we can then investigate further if necessary or make a choice to avoid doing business with them. Using D&B to qualify our vendors is appropriate in every case.

A lot of newer accounts lacks data. Should still show their risk assessment or credit score even for newer businesses established.

D&B Finance Analytics does a great job with providing all the detail you need to make a quick credit decision, including the use of liens.

It is a large database of companies and provides tailored recommendations for credit limits using past payment history.

D&B Finance Analytics is well suited in providing credit data on customers but needs to improve on having updated data. Needs to update quicker on credit history for all customers. There are customers that are not always in the D&B Finance Analytics system we are unable to find.

It works well to gather information about an unknown company and also finding related entities to a company that might increase liability or risk exposure.

When they recommend the maximum credit limit

We have had customers who come highly recommended for credit terms but the D&B tells a different story. We have actually denied terms based on that alone. We rely heavily on the accuracy of the information provided by the Finance Analytics application and have never encountered a problem with our decision based on that.

Every new account I create, does not get set up until I have looked at their DnBi. This is the number one source I use for determining lines of credit.

We really like the recommendations for credit limit. We wonder sometimes how the system is updated. We have learned that some things are a little out of date or inaccurate. We learned this when we searched our own company. That being said we really like the lay out of the reports and information that is provided.

When we receive an application from a customer requesting Net terms, D&B is the tool utilized to determine the credit limit and i they will receive terms at all. the recommended limit amount is a wonderful part of the report for this very thing.