Welcome to the Exact Product Blog

On this blog we will cover stories from all around the Exact ecosystem.

Exact introduces E-Risk Management for Exact Globe

Written by Michiel Dorjee on . Posted in Exact Globe, Exact Synergy

E-Risk Management provides real-time data integration with Dun & Bradstreet (D&B), the world’s leading source of commercial information and insight on businesses. The movie below shows you how this integration between Exact Globe and D&B works and what value it offers. 

The aim of E-Risk management is to improve your decision-making and the management of your business relationships at both local and international levels. With this tool, the finance and procurement departments in your company can retrieve comprehensive business and financial information to enable more intelligent credit and purchasing decisions. The sales and marketing departments can also create new accounts based on D&B information, thereby initiating customer life cycles with correct and complete information. They can also optimize their marketing efforts through an increased understanding of customer at both local and international levels.

All information retrieved from D&B is stored directly in your Exact administration. It is linked to the account via the D&B® D-U-N-S® (Data Universal Numbering System) number, which is a unique, nine-digit identification number for each physical location of a business worldwide. This allows you to share the information within your company, perform analyses or trigger events based on key performance indicators, for example by using E-Report or Exact Event Manager.

With E-Risk Management you can reduce bad debts, discover sales opportunities, and generally avoid wasting time and money on business activities based on incorrect account data. You also benefit from having a structured electronic data instead of hard copy documents.

All it takes to get started is a D&B user ID and password from your local D&B office (www.dnb.com) and the module E-Risk Management.

This functionality is available as per product update 394 of Exact Globe. Product update 242 for Exact Synergy Enterprise will also introduce an integration with D&B services.

Photo credit: masochismtango

 

Tags: , , ,

Comments (9)

  • Robert Klein

    |

    I link the ability to quickly look at the customers/prospects D&B rating with a color bar (gradient scale). Also, the ability to merge customer/prospect address data. Great for a prospect sales cycle and also for monitoring customers current status, I assume. This is will be a great new feature for both Exact Globe Exact Synergy Enterprise.

    Reply

  • Exact User

    |

    It would be nice if this functionality could be extended to other credit reference agencies. In the UK D&B charges are expensive and is only used by big high profile companies. I would say most of Exact’s customer base in the UK would use Experian or Equifax so doubt if this functionality would be seen as useful….

    Reply

  • Ronald Voets

    |

    @exact user: are you aware that D&B offers various kinds of reports and depending on the level of detail you need, the price will highly vary. The most simple report is called ‘Business verification’ report followed by ‘Quick check’

    Reply

  • Exat User

    |

    Hi Ronald

    Yes I am but D&B are still a lot more expensive than other agencies in the UK, that’s why they are not as popular with small/medium business.. (Exact’s target market I believe?)

    I’m only giving feedback on my experiances in the UK and if Exact do consider to expand the finctionality it will be very welcome.

    Reply

  • Sara Phillips

    |

    D&B is way to expensive. You can get the exact same data from many other sources at a much less cost.
    They’ve built a name for themselves and are perceived to be as frivolous as Posh Spice ” I will pay over the odds for everything me, because the sales person makes me believe I cant get data like this elsewhere”
    They’re wrong, so wrong.
    ALL credit report providers supply the same data, just formatted and priced differently.
    Put it this way, if you’re in the US and need a US report, you’re much better off buying that report from a UK company, as even their internationals work out cheaper than D&B’s standard!

    Ridiculous

    If you’re interested in burning your cash away, go for theses, if you want to save, there’s hundereds of providers out there

    Reply

  • Ronald Voets

    |

    Hi Sara,
    There are indeed a lot of local providers for this kind of data. D&B is one of the few that can offer this for companies on a Global scale. Locally and international operating Exact customers use D&B for retrieval of business information. Especially when operating in multiple countries a contract with one single vendor can have its advantages. In any competitive market the pricing is set by the market.

    Reply

  • Eric

    |

    Yes! Finally someone writes about small business credit report.

    Reply

  • Sven Gravendeel

    |

    In the movie it is not quite clear how the module works in E-Synergy. Is there a link to a site where this can be seen

    Reply

Leave a comment