Curious on this topic and want to gauge the room...

Do you feel like current tools like D&B, CreditRiskMonitor etc. provide useful insights on the financial health of a supplier/vendor/customer during onboarding and ongoing monitoring?

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Sorta. I have used D&B and CRM.

It adds datapoints to your decision making, but your team has to be able to understand and take action on what they see.

I saw many in my team demonstrate grossly underdeveloped understanding of financial statements and metrics, and simply look that each service key score i.e. frisk and misuse it.

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Yup - we compete with those guys and our reports do exactly that ^. Intuitive narratives for why we gave the score and provide specific questions for you to ask the counterparty on areas highlighted as a concern. Check us out sometime - RapidRatings.com

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FCB Health? Thoughts?

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