Minimize Bad Debt and Improve Profitability
Better credit risk management starts with knowing who you’re doing business with—but it doesn’t end there. Dun & Bradstreet’s powerful platforms and leading data and predictive insight can help you extend and maintain the right amount of credit, helping to minimize bad debt and increase cash flow.
Make Confident Credit Decisions
Bad credit decisions, based on bad data, can impact cash flow and lead to bad debt. With our credit risk management solutions, you can leverage customizable online credit applications, access comprehensive credit reports, issue instant credit decisions, and standardize your credit review processes. When you can quickly identify changes in risk, you can better predict which customers can pay on time and within terms to fully optimize your company’s credit capacity.
Managing credit risk and achieving growth in an increasingly fragmented and regulated global business environment is no easy task. Complex organizations need to deploy consistent and standardized global credit and risk policies through a centralized solution. Dun & Bradstreet can help provide unified risk management across multiple geographies and systems, delivering unparalleled globally consistent data and predictive insight to power your most critical credit decisioning processes.
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, is renowned for our powerful proprietary credit risk scores and ratings such as the D&B PAYDEX® and the D&B® Delinquency Predictor Score. Our proven analytic models – which are developed, validated, and maintained in the Dun & Bradstreet Data Cloud – can be easily embedded in any platform to provide the intelligence you need to better manage credit risk.
We did not want to be blindsided. We were able to understand the risk of even our privately held customers. We use the Dun & Bradstreet Rating to see where a customer may be slipping so that we can take action. Dun & Bradstreet gives us the best information about private companies.- Eddy Via, Credit Risk Manager
Duke Energy knew that in order to create an efficient credit review process, having comprehensive data was critical. The company needed a solution that allowed for quick, comprehensive quarterly credit reviews of its large portfolio of customers. Duke Energy uses DNBi’s advanced rules-based capabilities to automate and systematize its new credit applications and account management processes, combining its credit policy and accounts receivable information with data and insights from Dun & Bradstreet’s Data Cloud to proactively manage portfolio risk.