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Great tool for Continuous Monitoring.
May 23, 2023

Great tool for Continuous Monitoring.

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

Overall Satisfaction with D&B Risk Analytics

My team uses D&B Risk analytics to run financial due diligence on a subset of our entire supplier base. The data coming from D&B is used to report on high-risk vendors at the monthly vendor risk steering committee. This tool helps us do a deeper dive into these suppliers' financial health and stability.
  • Robust insight on financial health.
  • Continuous monitoring & alerts.
  • Predictive measurers that are quantifiable.
  • Finding the correct entity in D&B. There are usually tons of D&B #s for one entity.
  • ESG ratings still need work.
  • We are still determining internally what the best practice is for these financial health ratings. What does it mean for us?
  • D&B overall score.
  • SSI
  • SER
  • Paydex
  • Core+ report on enhanced insights.
  • We have had the solution for less than a year, so it is tough to say how much positive/negative impact it has had.
  • We are now able to continuously monitor some entities in our supplier base. We were not able to do this before.
I am not sure. We also use Bitsight for cybersecurity, but I do not personally use it, so I cannot say.

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

Yes

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

Yes

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

Yes

Did implementation of D&B Risk Analytics go as expected?

I wasn't involved with the implementation phase

Would you buy D&B Risk Analytics again?

Yes

Great for vendor risk management and running financial health reports on our supplier base. In addition, our transactional banking team uses the platform (more specifically the Paydex score) to assess obligors and clients for financial health. I think the ESG component of the platform still needs more work. I don't think there's enough data in the industry to really make good predictive scores.