D&B's Trade Payment Programme
Spot potential defaulters and reduce day sales outstanding
D&B's Trade Payment Programme can help you to improve your collections and productivity, while supporting the quality of information available to help other business decision-makers reduce credit risk. By anonymously sharing ledger information, participants can access timely and accurate credit information about your customers' payment history. Changes in payment performance constitutes one of the earliest signals of possible financial difficulty and represents one of the most predictive elements of the likelihood of failure before the filing of official documentation such as a balance sheet.
D&B’s Trade Payment Programme offers the means to share and access highly predictive payment information. When businesses participate in the D&B Trade Payment Programme, they join a powerful network of Trade Partners providing over 250 million accounts receivable updates in the UK alone, with 4000 businesses providing across Europe.
Covering both prompt and beyond term payments. Multiple invoices from the same supplier in a period of time are grouped together to form the Trade Experiences we use to calculate our Scores and Ratings.