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D&B Finance Analytics
May 22, 2024

D&B Finance Analytics

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with D&B Finance Analytics

We use D&B Finance Analytics when screening potential trade customers. The trade payment data is the most used feature by our team, but we also use the legal/public filing information and company information sections for research.

The D&B scores (paydex, failure, etc) and recommended credit limits are also great pieces of information and factor into our credit decisioning.
  • Historical trade payment data
  • Credit scoring (paydex, etc)
  • Easy to use and understand data visualizations
  • Financial sections is usually not filled in
  • Helped reduce DSO by more than 1 week
  • Over $1M increase to working capital due to decrease in DSO
We use the portfolio insight feature which allows us to compare how fast companies in our portfolio are paying us vs others. This allows us the focus our collection efforts on the highest risk accounts. Changes in D&B scores (paydex, failure, etc) are also useful monitoring tools.
It's been a few years since implementation, but from what I remember it was a super easy process. The D&B Finance Analytics platform is very user friendly and doesn't require much training to get started. The main way D&B Finance Analytics has reduced or financial risk is by giving us access to payment history data, which is especially useful for companies that refuse to provide financial information.
D&B has the most robust trade payment data of any product that we considered. For us, it was between D&B and Creditsafe. D&B not only provided most complete trade payment data, the product was easier to use and had better functionality compared to Creditsafe.
Very prompt

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

D&B Finance Analytics is best suited for established companies that have a long payment history. It is not very useful for newer companies since trade payment data may not yet be reported to D&B, or what is reported is very minimal and not very useful when making a credit decision.