With thousands of businesses closing their doors every day, it can be difficult to navigate a rocky economic landscape. So when customers, prospects, and business partners face serious challenges, you need to know. D&B has created an innovative assessment tool that provides precise insight into the health of companies with whom they do business.
The D&B Canada Viability Rating is a new evaluation tool that offers a comprehensive assessment of whether or not to do business with a company. Only the D&B Canada Viability Rating combines the most comprehensive measures of risk to deliver a highly reliable rating analyzing the current and future health of a business.
The D&B Canada Viability Rating enables customers to get a comprehensive snapshot view of a business in an increasingly complex world. It incorporates the most critical information related to your decision of whether or not to engage with a company.
Other scores answer only one-dimensional business problems or questions like “Will I get paid?” or “How can I reduce bankruptcy losses?” D&B Canada’s Viability Rating helps our customer answer fundamental questions with more precision:
Assesses the probability that a company will no longer be in business, within the next 12 months, compared to all Canadian businesses within the D&B database. Going out of business is defined as:
Assesses the viability of a company, compared to similar businesses, within the same model segment. The type of data used to classify these segments may include:
Presents the level of predictive data available on a business that was used to score its viability. Data depth includes how much business intelligence is known about a business based on the availability of predictive information such as:
Examines how established a company is based on a combination of categories including financial data, trade payments, and demographics on the different categories within the profile include:
The D&B Canada Viability Rating builds on D&B’s legacy of providing insight to customers, integrating multiple key risk indicators into industry-leading analytics. This multi-dimensional view includes:
Know more about the companies you do businesses with, faster. The unique D&B Canada Viability Rating offers at-a-glance, comprehensive knowledge of customers and prospects, and helps you enhance your risk department’s ability to navigate a challenging economic landscape.
Visit www.dnb.ca/canada-viability-rating-for-assessing-business-health to learn more.