Great Tool for Evaluating Credit Worthiness
April 15, 2024
Great Tool for Evaluating Credit Worthiness
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with D&B Finance Analytics
D&B Analytics has been a game-changer for us. Their team developed a "Custom Score" algorithm that pulls in tons of data to create a score for each new prospect that comes to us, between 1 and 10. If the company scores above that number, credit terms are offered. If they score below that number, it's cash in advance. Simple, fast and accurate. I don't know what we did without it before we started using it.
- Custom Scores
- Finding Companies through Search or Advanced Search
- Great UX on the website - fast and easy to use
- Using something as objective as a numerical score simplifies decisions about offering credit
- There are several steps required before getting to the custom score - it would be nice to have a shortcut to that feature
- Makes decision-making about offering credit fact-based rather than emotional
100%. I couldn't imagine trying to make a rational decision about offering credit terms without this tool. It has become indispensable to our being able to offer credit terms on behalf of the podcast networks.
We had a team help us to implement the creation of our Custom Score. This process involves weighting various factors such Paydex scores, liens or lawsuits and several others. Their team guided us through the entire process so we didn't have to figure it out ourselves.
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