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D&B Finance Analytics

Score8 out of 10

512 Reviews and Ratings

What is D&B Finance Analytics?

D&B Finance Analytics is a global credit-to-cash solution that provides Dun & Bradstreet data, analytics, and technology to help improve cash flow, increase operational efficiency, and mitigate risk. This AI-driven solution comprises two platforms – D&B Credit Intelligence and D&B Receivables Intelligence powered by GETPAID – that together help finance teams transform their operations and reduce cost through insight, automation, and enhanced customer experience.

Media

Screenshot of where to manage credit customers
Screenshot of the interface to manage an overall risk portfolio
Screenshot of where to manage collections and AR
Screenshot of where to accept online payments with a customer portal

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Screenshot of where to manage credit customers

Who Buys & Uses D&B Finance Analytics

Pros

  • Streamlined credit assessment processes
  • Comprehensive B2B data availability
  • Detailed credit information and scores, including Paydex

Cons

  • Outdated or missing data impacting accuracy and timeliness
  • Incomplete data for smaller businesses or specific geographies
  • Unclear and unintuitive user interface and dashboards

Operations Manager review of D&B Finance Analytics

Use Cases and Deployment Scope

We use the credit reporting from D&B Finance Analytics for companies wanting terms or we search our mills to make sure that there isn't any issues when placing huge orders.

Pros

  • Reports with information
  • Quick turnaround in pulling reports

Cons

  • Validate information, sometimes it isn't correct
  • Alerts, Its hard to set them up
  • Multiple attempts we have to do when reaching out to our point of contact with D&B

Return on Investment

  • Responses
  • Accurate information
  • Accurate information

Alternatives Considered

Daily Reporting

Trusted Industry-Standard Reporting for Business Credit

Use Cases and Deployment Scope

We use D&B Finance Analytics for assessing customer creditworthiness when they apply for terms and granting increases. It also helps us confirm ownership. In our industry, we often see companies being bought/sold and D&B Finance Analytics helps us stay ahead of that. Ongoing, we also use D&B Finance Analytics to monitor customer credit granted by us.

Pros

  • Paydex Score
  • Information Accuracy
  • Speed of Platform Use

Cons

  • It is expensive.
  • Interface can be confusing at first.
  • Information is accurate, but often not complete. All accounts are not always reflected.

Return on Investment

  • We improve cash flow.
  • We maintain a standard credit process.
  • It helps give us credibility with customers.

Alternatives Considered

Experian B2B Data Insights

Other Software Used

JobBOSS, Square 9 Softworks, Microsoft 365

Good, Useful Product for our Credit Team

Use Cases and Deployment Scope

D&B Finance Analytics is truly a lifeline to our company when evaluating potential customers and reviewing current customers' financial health. We utilize the program weekly and it allows our teams to get a more in-depth look at who we're doing business with. I highly recommend the program. The only slight downside is the overall cost, as it is higher than we would like.

Pros

  • Customer Financial Health
  • Customer Payment History
  • Domestic & International Use (for an additional fee)

Cons

  • Cost is high
  • International reviews are not included (additional fee)

Return on Investment

  • Has allowed us to determine creditworthiness of customers and request payment in advance from those that do not meet our criteria.

Great Product.

Use Cases and Deployment Scope

We use D&B Finance Analytics in order to evaluate the creditworthiness of a client. This is helpful in avoiding risky contracts and having another set of eyes watching our customer base for changes in payment behavior or business issues. We use this tool to also gauge whether it is worthwhile to spend our resources bidding on new contracts or if the risk outweighs the potential benefit.

Pros

  • Shows trends of how promptly or slowly a business pays their trade partners.
  • Quickly notifies us of significant legal issues.
  • Provides good metrics regarding the financial health of a business.

Cons

  • Provide EIN number of the business to ensure you are viewing the correct business.
  • Have an easier, clearer way to view a parent company and its subsidiaries or a main entity and its other addresses, so basically clearly define if it is the same entity.

Return on Investment

  • We were able to make a decision on a troubled account based on notifications we received from D&B which helped avoid excess exposure.
  • Our sales are increasing due to taking on more business with confidence.
  • Our credit review process is more robust as we are not relying on references solely.

Other Software Used

QuickBooks Desktop Enterprise, OneNote, Adobe Acrobat

D&B is a driver of the credit decision.

Use Cases and Deployment Scope

I used D&B as my main driver of the Credit Investigation process in awarding credit lines to potential and current customers

Pros

  • Concise scoring
  • Solid company info
  • good credit recommendations

Cons

  • Identifying the correct principals of the company
  • Your company search feature in cumbersome

Return on Investment

  • The use of D&B have help drive our DSO to a low consistent level.

Alternatives Considered

Experian Credit Risk and Equifax Credit Risk

Other Software Used

Microsoft 365, DDI System, Microsoft Power BI