When it comes to making credit decisions payment history is a leading indicator of future payment performance. To turn payment history into predictive information, D&B has developed the Dynamic Delinquency Score (DDS). The DDS is a predictive estimate of a company's future payment performance and therefore an estimate of how quickly a company is likely to pay you, if at all.
Understanding how a company or business has paid other creditors provides excellent insight into the payment behaviour your customer is likely to exhibit when paying you. This insight helps you take action to manage and reduce the risk of delinquency or non-payment.
The report enables you to analyse the company's payment habits, and provides the probability that the company will pay a trade account in a "severely delinquent" manner (90+ days beyond terms) within the next 12 months through the Dynamic Delinquency Score (DDS). Also includes comparisons to other companies within the same industry.
With immediate access to Australia's largest business database, D&B's Express credit reporting service offers you instant access to a range of reports for low, medium and high risk business decisions.