Construction in Canada
Updated April 12, 2024
Construction in Canada
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with D&B Finance Analytics
We use it to verify new customers viability we are bidding for, and new customers asking for credit to determine account limits and approvals
- provides account history
- provides trade line and summaries
- provides industry related information
- I sometimes find it difficult to gather the information I need on newer companies
- Criteria or some of the terms of Key Data or Score bar(s) could be explained with a link
- Trade payment companies could be listed by name, with Industry category
- We have less outstanding accounts and deliquency. We have been able to limit credit in some cases or just do cash sales in others.
As stated prior we have less delinquency as we are able to check and gather information on potential clients or accounts to make a decision prior to accumulating accounts receivables that may be hard to collect. I would like to have the trade line names available as that would be helpful in determining where the losses may be occurring in determining whether a client is suitable. Especially if industry specific.
I've had challenges finding and getting to the correct screens and information I need sometimes. I've had to call the customer service line to get my account sorted out. However once I have the information it is fairly complete in most cases and I'm able to make an informed decision regarding potential accounts.
Credit bureau reports provide specific trade lines that are pertinent to the analytical task. the credit bureau agencies require credit authorizations and charge higher fees to provide customer information.
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?
I wasn't involved with the implementation phase
Would you buy D&B Finance Analytics again?
Yes
Using D&B Finance Analytics
3 - CFO, Controller and Project Co-ordinator
- Credit reviews of new accounts
- Determining business size and longevity of same
- Determining business entity information prior to quoting projects
- Ongoing credit for larger accounts and viability
- Determining if a business is legitimate prior to quoting
- Following up for delinquent acccounts post collection
- hmmm not sure