Item: D&B Finance Analytics
Rating: 8
Author: Verified User

Overall Satisfaction with D&B Finance Analytics

Use Cases and Deployment Scope

We use D&B Finance Analytics often to determine credit worthiness of customers in various parts of our business. We use the scoring methodology to look at potential lateness, default and insolvency, and include all of these scores in a more comprehensive multi-variate credit scoring model, which in turn gives us an idea of credit terms and conditions that we will utilize.

Pros and Cons

Pros

Easy access to scores
great portfolio view of live reports to quickly see 'problem' accounts
comprehensive ownership information
UCC filings and other noteworthy credit information.

Cons

because it is supplier driven, scores can be biased based on those suppliers who submit information.
sometimes the reports are slow to download

Return on Investment

reduced bad debt
better turnover
confirmed 'bad apple' status to go alongside financials or other metrics

Support Rating

the few times ive used support they have been quick to respond and accurate with their understanding of my concern and correct in their answers.

Key Insights

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?

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

Likelihood to Recommend

i believe it is well suited for credit instances where you will have a long-standing relationship with the customer and need to have payment history data quickly, and frequent updates. For longer term 'bigger' project-like relationships, perhaps a service that is more geared toward financial health would be more suitable.

Comments

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Honest and good D&B assessment