Hospitality Distributor's Perspective
March 27, 2023

Hospitality Distributor's Perspective

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

Overall Satisfaction with D&B Finance Analytics

We use D&B to qualify new customers for credit. It is often faster than only using bank and trade references. When a company has a robust D&B profile we're able to approve them for trade credit quickly based on data that is externally verifiable. It also allows us to validate the credit application and check for red flags like Bankruptcies, excessive UCC filings, etc.

Pros

  • Trade References
  • Credit Limits
  • Bankruptcy Record
  • Ownership
  • Corporate Linkage

Cons

  • Poor Data Depth on Smaller Companies
  • Less Data in Certain Industries (ex. Hospitality)
  • Only Accept Trade Tapes from Very Large Companies
  • Sometimes Data on Linkage or Ownership is Out of Date
  • Less Bad Debt
  • Improved DSO
  • Reduced Collections Efforts
D&B always provides great support by phone. I do wish contract and licensing were a bit more flexible, but no major complaints.

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?

Yes

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

Yes

Would you buy D&B Finance Analytics again?

Yes

D&B is a great tool in determining whether you should extend trade credit to a customer. It's more objective and readily available to help make faster decisions.

Comments

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