Why is trade payment information important?

A customer's payment history can be a predictor of default risk, and is one of the most critical components in determining your customer's financial health.

Membership in Trade Groups for DNBi, provided by Smyth Solutions, expands your ability to understand a company's creditworthiness. In addition to the detailed payment information provided to DNBi customers by D&B's PAYDEX� and Commercial Credit Score, members of Trade Groups for DNBi can see the specific payment experiences submitted by other members of their group. Members will know if one or more members of your group are having difficulty in getting payment from a mutual customer. In addition, member alerts can be sent when there are situations of NSF, placed for collection or bankruptcy.