D&B Credit Insight review for business purchase/credit verification process
October 03, 2024

D&B Credit Insight review for business purchase/credit verification process

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with D&B Credit Insights

We use D&B Credit Insights to investigate prospects/customers to determine if they qualify for credit to purchase industrial equipment and warehouse solutions.

Pros

  • Basic Company info verification using DUNS numbers
  • Shows overall business risk base on 12 months of payment history
  • Gives Max Credit Recommendation based on probability of delinquency
  • Trade payments - showing highest past due amount

Cons

  • Rare to get Financials on companies - detailed financial statements. Then why have the section if you most likey won't have the data?
  • Rare to see Profit and Loss data under financial overview
  • SBFE score would be great and helpful, but don't usually see a score here either
  • Credit Insights helps view company trade payments to see how they are making payments with other vendors, good or bad.
  • The program gives you company trends and probability scores for risk of payments.
  • The program is great at reviewing the company profile to establish the validity of the company being a legit business.
The reports are easy to request and nice to have quickly to review and help with decision making process of approving a customer for credit for a lease or purchase.
  • D&B Hoovers
D&B Credit Insights is helpful to get quick and useful information on top of what you get back from the financial institutions.

Do you think D&B Credit Insights delivers good value for the price?

Yes

Are you happy with D&B Credit Insights's feature set?

Yes

Did D&B Credit Insights live up to sales and marketing promises?

Yes

Did implementation of D&B Credit Insights go as expected?

Yes

Would you buy D&B Credit Insights again?

Yes

Would recommend D&B Credit Insights to other dealers to use it to help with customer credit verification process, especially why customers with a new business or big red flags.

D&B Credit Insights Feature Ratings

Financial Research
7.5
Public Company Data
10
Private Company Data
8
Industry and Sector Research
8
Industry-Specific Information
8
Independent Research Access
7
M&A Analysis
7
Supply Chain Data
8
ESG Data
7
Credit Ratings Reports
6
Macroeconomic News
6
Search Tools
7

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