Serves its purpose
March 30, 2023

Serves its purpose

Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User

Overall Satisfaction with D&B Finance Analytics

Generally use the product to evaluate the creditworthiness of a current or potential client. The value of a product like D&B is it provides a third-party evaluation that (to my knowledge) cannot be manipulated by the client. Further, we find credit scoring to be insightful in our process.
  • Basic scoring
  • Additional scoring of areas we may not normally consider
  • General business information
  • Providing customers more granular detail on how the various scores are developed
  • Provide detail on the level of predictability the scores imply
  • Improved detection of adverse activity in the legal area, i.e. lawsuits, judgements, etc., resulting in better underwriting decisions
Currently, we are not utilizing the credit risk management tool. Our organization would not have a use for the A/R management tool as that is not the purpose for which we use D&B.
D&B is a standard product for our industry so the implementation was fairly easy. As a tool, it is one we rely on less so in our underwriting process. As mentioned previously, I find it useful in confirming stronger credits but less so when a client scores lower with D&B.
Support is available but doesn't always have the level of detail needed to answer a question.

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?

I wasn't involved with the selection/purchase process

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

Yes

Would you buy D&B Finance Analytics again?

Yes

I find certain high scores (Paydex) are strongly correlated with credit quality of a business but low scores are not necessarily correlated. In opposition, a personal credit score I view as more predictable at the high and low ends.