REVIEW ON CREDIT WORTHINESS FUNCTION
September 30, 2022

REVIEW ON CREDIT WORTHINESS FUNCTION

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

Overall Satisfaction with D&B Finance Analytics

THE PREMIER TOOL for gathering Credit worthiness. It is used as an external standard of new customers as a gauge if we should and or how much we are willing to extent credit to a new customer. There have been instances that we have denied credit to some customers thankfully from this tool.

Pros

  • CREDIT CHECK
  • INDUSTRY/FIELD
  • OWNER
  • LOCATION

Cons

  • OWNERS
  • OTHER DBA's
  • NAMING
  • Able to help if a company has been bankrupt
With the addition on the credit risk management, I have been more than capable to lean on external data to support two decisions. Whether credit should be extended and if so by how much. This has been an essential tool to help deter us from lending credit to those whom are NOT credit worthy.
The implementation and deployment of D&B Finance Analytics was intuitive. It only took several days for those to become power users and SME in this online tool. We have now refined training to a single 3 hour session for new employees whom would be conducting their daily duties with this tool.
I have no ability to measure how great this tool is against other products since this product has been the only option I have worked with. That being said, this product is beyond reliable and had never needed to look at a secondary option or find a replacement option. This is a good product.

Do you think D&B Finance Analytics delivers good value for the price?

Not sure

Are you happy with D&B Finance Analytics's feature set?

Yes

Did D&B Finance Analytics live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of D&B Finance Analytics go as expected?

I wasn't involved with the implementation phase

Would you buy D&B Finance Analytics again?

Yes

When onboarding a new customer, it is protocol to have them fill out a Credit Application. When they do, we run those details into this tool and gather additional external data on the customer. Based on several metrics that is provided in the reports, we then are able to comfortably extend a credit range.

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