About Credit Risk for Businesses
D&B gives you knowledge about your customers via instant access to in depth & accurate information on over 2.8 million Australian and New Zealand businesses.
Once you have found a new customer and receive a commitment to purchase, you
must make sure that this business opportunity will not become an unprofitable
relationship. New customers may agree to do business with you but this does not
mean you will get paid on time or will get paid at all.
Delinquency costs cash
Bad payers reduce your organisation cash flow, which could be used for growing
your business. Bad payers make you consume internal resources, not only to
recover overdue amounts but by putting increased pressure on sales, to make up
for the loss. To view chart click here
Wasted resources continually erode your cash flow and ultimately impact on your
bottom line. The pursuit of excellence in minimising bad and doubtful debt is
D&B's core competency and benchmark of strength. We strive to make all your
business opportunities profitable relationships.
The more you know
One word that describes the success of your credit decisioning process is
"knowledge". The more you know about your applicant the more risk you
eliminate. D&B gives you knowledge about your customers via instant access
to in depth & accurate information on over 2.8 million Australian
businesses (85 million worlwide). This knowledge is enhanced with sophisticated
credit scoring models, allowing immediate credit decisioning on each of your
customers. D&B preserves this valuable knowledge overtime by monitoring the
behaviour of your customers against adverse changes.
By embedding D&B in your credit risk operations, you are able to verify your
customers' identity, assess their credit worthiness and predict long-term
stability. D&B offers manual and automated decision processes with single
or multiple entries, for Australian and overseas applications. D&B provides
insightful solutions to facilitate your day-to-day decision-making and
streamline your application decisioning to make sure only valuable, profitable
applicants become part of, and remain in, your customer portfolio.