Dun & Bradstreet launches trade credit risk management platform
D&B Credit is promoted as a cloud-based platform for financial decision makers to mitigate risks and identify growth opportunities.
Dun & Bradstreet has launched D&B Credit, described as a next generation risk management platform for trade credit in the UK and Ireland. The business information provider added that the cloud-based platform gives finance teams dynamic, intuitive access to the world’s largest commercial database, with over 250m business records updated five million times a day. The new platform also provides in-product access to non-traditional data sources, such as social media and Google Maps, while delivering a global, unified view of customer relationships supported by analytics and insights, enabling chief financial officers (CFOs) and their teams to easily manage risk and identify new opportunities for growth.
“The offering has been designed to match the needs of a new generation of financial decision maker: one which is no longer purely a risk manager but also focused on driving growth,” added D&B. “This means they are under increasing pressure to mine big data to understand and mitigate risks, improve operational efficiency and identify opportunity.”