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D&B Risk Analytics Reviews & Insights

Score8.1 out of 10

3 Reviews and Ratings

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D&B Risk Analytics Reviews

2 Reviews

D&B Finance Analytics is a good tool

Rating: 10 out of 10

Use Cases and Deployment Scope

We use D&B Risk Analytics for all new suppliers onboarding process to check its SSI and other financial scores, and also check the basic information and anything may raise any red flags.

Pros

  • It would be great if the company profile list its National ID.
  • The financial scores update everyday!
  • Incorporate ESG into the supplier management process

Cons

  • Please include National ID for companies as many as possible
  • Review and remove the duplicated entry for the same company name and country
  • Add the function and flexibility to download the report backdate

Likelihood to Recommend

It would be great to make National ID as mandatory info when adding a company into the D&B Risk Analytics database.
Verified User
Employee in Finance and Accounting (1001-5000 employees)
Vetted Review
D&B Risk Analytics
4 years of experience

Great tool for Continuous Monitoring.

Rating: 8 out of 10

Use Cases and Deployment Scope

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.

Pros

  • Robust insight on financial health.
  • Continuous monitoring & alerts.
  • Predictive measurers that are quantifiable.

Cons

  • 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?

Likelihood to Recommend

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.
Verified User
Analyst in Finance and Accounting (1001-5000 employees)
Vetted Review
D&B Risk Analytics
1 year of experience