Item: D&B Hoovers
Rating: 7
Author: Verified User

Overall Satisfaction with D&B Hoovers

Use Cases and Deployment Scope

Our research team is the primary Hoovers users. We use it to conduct market research on competitors and potential targets. It's part of a range of methods to procure information about revenue, size, and operational overview of targets we are interested in. We also mainly use it for its ability to procure corporate family trees to understand linkages between companies.

Pros and Cons

Pros

Link corporate family trees.
Provide revenue estimates.
Give lists of corporate locations.
Overview of operations and recent company news.

Cons

It has extremely limited information available on private companies.
Public company financials feel outdated, and I would prefer to go to the source annual reports rather than rely on D&B for them.

Return on Investment

D&B is hardly core to our operations. It is a research tool we probably consult for half an hour before moving on to other methods. It has not had a large impact on our overall business objectives.

Alternatives Considered

D&B Finance Analytics

Finance Analytics provides a more thorough company credit report and is more in-depth than Hoovers. However, I use Hoovers for instances where I do not need that information because it allows unlimited queries, whereas you pay for a limited number of reports from Finance Analytics. Hoovers provides a better link between corporate family trees and finance analytics.

Key Insights

Do you think D&B Hoovers delivers good value for the price?

Yes

Are you happy with D&B Hoovers's feature set?

Yes

Did D&B Hoovers live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of D&B Hoovers go as expected?

I wasn't involved with the implementation phase

Would you buy D&B Hoovers again?

Yes

Likelihood to Recommend

It is a very useful tool if you need to look up corporate family trees. That is our primary use case, and D&B Hoovers makes it very easy to situate a subsidiary company within a larger network of parent companies. It also provides some limited financial information and information about the size of an entity in question, which is also useful for our market research.

D&B Hoovers Feature Ratings

Comments

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Kevin Johnson
(Vendor Representative) commented a year ago
Thank you so much for your kind words! We’re glad you’re pleased with D&B Hoovers, but we also understand some challenges you face (specifically on info for private companies). I wanted to let you know we are constantly improving our product, so we value your feedback. Thank you for taking the time to write this review; we appreciate it greatly. Cheers!

Good product for limited use cases.

Software Version