Honest and good D&B assessment
March 14, 2023

Honest and good D&B assessment

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

Overall Satisfaction with D&B Finance Analytics

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.
  • 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.
  • because it is supplier driven, scores can be biased based on those suppliers who submit information.
  • sometimes the reports are slow to download
  • reduced bad debt
  • better turnover
  • confirmed 'bad apple' status to go alongside financials or other metrics
It is a good tool in the toolbox but not a one-stop shop. We utilize the product often for various reasons and types of credit analysis and in different departments.
From my perspective, using the product is very easy and keeping a portfolio is a great feature to have all your customers in 'one place'.
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.

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

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.