Amazing Tool
June 02, 2023

Amazing Tool

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

Overall Satisfaction with D&B Finance Analytics

We use D&B to check the credit worthiness of existing and potential customers. The product addresses problems such as payment behaviors with customer vendors, important credit information regarding collaterals, UCCs and also provide financial data.
We are also able to access data like important events that have taken place with the company.
  • The legal events section provides very important information like UCCS, liens etc
  • The credit risk rating based on available data provides a very good insight into customer risk and aids credit decision making
  • The recent even section also provides very important information about mergers, acquisitions, sales, restructuring, layoffs etc.
  • More updated data on the largest credit section under trade payments by industry
  • I rely on D&B data to review companies and align credit recommendations with D&B standards.
  • My company's DSO averaging 30 days is 5-10 days above other companies in the same industry
  • With D&B's early warning signs, I have a more updated view of my portfolio
I use D&B Finance Analytics B2B data as the primary source of data for reviewing every company in our portfolio. The AR management feature assists in determining how I manage daily order releases to manage delinquencies.
It is generally very user friendly. Paydex and delinquency scores have been very useful in determining who to extend a Credit limit and also provide recommended credit limit that assists in deciding a vendor's credit appetite.
I have not reached out for support. Everything has worked great so far.

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

Yes

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

Yes

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

Yes

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

Yes

Would you buy D&B Finance Analytics again?

Yes

-It is appropriate for credit recommendations, especially for private companies who do not share financial information.
- Very useful when checking for legal events on a company.