Great product; great value!
March 26, 2023

Great product; great value!

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with D&B Finance Analytics

I use it as a first cut of evaluating prospects; the broad information in D&B Finance Analytics allows me to quickly determine if the company is worth looking into further. I mainly rely on the UCC financing information to determine if the company has utilized equipment financing, mainly through vendors.
  • Shows UCC filings.
  • Shows bill pay history.
  • Show the number of employees.
  • Hard to see all UCC filings.
  • UCC filings should be listed in reverse time order.
  • A quick summary of many UCC filings that exist by year would be helpful.
  • It allowed me to target calling efforts to those companies most likely to finance the equipment.
  • Hard to quantify specific numbers, but without this tool, we would have missed on several million dollars of business activity over the past two years (about 8% of our total).
This product is one of many tools we use to evaluate risk management. We do not use it for accounts receivable management, however. For smaller deals that are credit-scored, this tool is vital to our success. For larger deals, it enables us to quickly determine the likelihood of approval, though the approval will require other information.
D&B Finance Analytics helps our credit teams increase efficiency by providing sufficient information to allow us to make a "first cut" during the approval process. It really helps us more on the sales side; it enables us to determine if a company has financed through vendors previously, which allows adjusting our sales pitch. I don't work in collections, so I can't speak to that.
  • D&B Hoovers
D&B Hoovers is another good product, particularly for evaluating larger companies. I have no experience using products that compete with either Finance Analytics or Hoovers, so I can not address that. Based on our experience, however, we think that any D&B product offering would be worth considering using.
n/a, so I skipped it.

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 used it to see if companies financed equipment acquisitions by looking through UCC filings. However, if there were lots of filings, your system required additional, confusing steps before I could see them all. It would be beneficial to either see them all or to do one click to see them all.