D&B; reliable company data provider
May 24, 2023

D&B; reliable company data provider

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

Overall Satisfaction with D&B Finance Analytics

We mainly use DNB Finance Analytics to review the credit quality/metrics of a potential buyer or supplier. If financials are included I review these, as well as some of the DNB scores assessing the risk of the company. Another feature leveraged is to see if there are any Liens/UCC filings or bankruptcies/judgments. We also use it to investigate/confirm the family tree/hierarchy of a company, as we need group information for our credit risk system. As our credit insurer relies on the DUNS, we too then use this as one of our main ways to look up and track our counterparties.
  • Ownership/family trees
  • Risk assessment such as Viability score and Company Profile grade
  • company profile page listing out all of the corporate details in an organized fashion
  • organization of pdf of reports; it seems to be a little complex and hard to read with s much data and charts/colors included
  • easier access via links to the definitions of the various metrics DNB uses. For example, what exactly is the Paydex and how do I use it/think about it
  • increased credit lines /capacity
  • cleaner source database
We use the DNB analytics tools to offer another level of information and analysis on the names we are providing credit it. We don't use it as much for AR but is a key part of our basket of tools as it relates to our credit risk management. This includes the family tree, DNB risk scores, payment performance, and liens
The deployment happened before my time but I was here when we started using the Analytics tools more to make/support credit decisions. Although we have some access to our 3rd party providers of information, DNB is one of our top information providers when it comes to knowing our counterparty. When applying for credit insurance, we try to leverage some of the information from DNB, such as suggested credit line and risk scores.
DNB is a bit more expensive than Credit Safe but is more robust, easier to organize, and has a better database (cleaner and more robust). It does not have KYC/Compliance so are using a different provider for that.
customer service has been good. Although our rep has changed over multiple times, the reps are smart and get caught up to speed fairly well. I would like to see better tracking ability as the data export of RUM don't tie out exactly to the RUMs in the portal. The reps have thus far been unable to reconcile this. Response times have been good though.

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

It is great for identifying and searching for companies. If we need to find a company, understand its profile, its family tree, and some basic credit metrics this is ideal. I would like to see more connections to other risk portals such as Moody's/S&P, Bloomberg, news sources, etc. The credit analytics are helpful but still think need to be better organized and explained. I also use DNB for the trade payments/history. However, this page is a little hard to read and digest. We haven't started using the portfolio analysis as much as we should.