Hospitality Distributor's Perspective
March 27, 2023
Hospitality Distributor's Perspective
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.
- Trade References
- Credit Limits
- Bankruptcy Record
- Ownership
- Corporate Linkage
- 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- Sometimes Data on Linkage or Ownership is Out of Date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
This is the only tool we have in evaluating a company before starting business with them. Everything else we have helps us manage customers AR or collect on past dues.
Very easy. Training was good, free and readily available.
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