D&B is a good source of information
March 30, 2023

D&B is a good source of information

Ricky Lo | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with D&B Finance Analytics

I perform credit reviews on our counterparties. Challenges arise when a counterparty has very limited info on D&B (eg. very limited trade experience or missing branch location searched) Even though information on D&B is limited for private entities, it is still the best source of information we have most of the time.

Pros

  • Trade experiences
  • Entity verification
  • Suits and liens history

Cons

  • Entity out of business is wrong sometimes
  • Trade experiences is too little a lot of times
  • An implied rating on the same scale as S&P would be great
  • More trades completed with small counterparties
  • Improve efficiency with credit reviews
  • Risk monitoring with alerts
There has been no better product that we could find when compared with D&B for small and private counterparty reviews.

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?

Yes

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

Yes

Would you buy D&B Finance Analytics again?

Yes

For credit reviews we do on our counterparties buying or selling from us, sometimes the counterparties are small and private. They do not want to release financial statements to us. The info we can get on the counterparty is limited without any website or new online. D&B reports allow us to verify at least that the entity exists. Even though the trade experience and payment history info maybe be limited, it is good to know that the entity exist in D&B's data base. Knowing if there are any significant suits or liens is very helpful as well.

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