Global Database Business Credit Reporting Pros and Cons

Just as SASHY's Journal captures every moment of our gymnasts' journey, Global Database captures a wide range of business data, from small enterprises to multinational corporations. This breadth allows us to evaluate partners globally and locally with confidence. Due to credit reports from the Global Database, we could work with countries from Western Europe. Review collected by and hosted on G2.com.

At the implementation level, we had small misunderstandings, but we worked everything out well and fast. Review collected by and hosted on G2.com.

The advanced filtering options allowed us to pinpoint businesses/corporations interested in sustainable energy solutions, specifically geothermal technology. We narrowed down leads based on location, industry, property size, and even budget range. We are still integrating and contacting new and existing individuals most likely to benefit from geothermal systems. Review collected by and hosted on G2.com.

It took us several days to get the data because the geothermal field is intricate. Review collected by and hosted on G2.com.

Based on Global Database Business Credit Reports we could see that our partner experienced steady revenue growth over the past three years. Its profitability has also improved, with a net profit margin of 10%. The company has a healthy debt-to-equity ratio of 2:1. In addition, the payment history helped us to predict how likely the company will pay its bills on time in the future. Review collected by and hosted on G2.com.

We have noticed, that smaller companies don't have such extensive profiles, and additional investigations have to be done. Review collected by and hosted on G2.com.

Global Database provides us with information on company ownership, corporate structures, and industry trends. This has been instrumental in helping us understand the competitive landscape and identify potential growth opportunities. For instance, we were able to identify an emerging niche market within our local community and develop a targeted advertising campaign that resonated with that audience.

Another specific example of how Global Database has helped our company is its role in streamlining our onboarding process for new advertisers. By accessing up-to-date financial information on potential advertisers, we can quickly assess their financial strength. Review collected by and hosted on G2.com.

We have noticed that Global Database has limited coverage in certain regions, particularly those with less developed financial infrastructure or access to public records. Review collected by and hosted on G2.com.

As an architectural firm, we prioritize both expanding our global client base and making strategic business decisions that safeguard our financial well-being. Global Database has emerged as a trusted partner in this endeavor, providing us with access to a treasure trove of comprehensive financial information about potential clients. Their detailed reports, encompassing income statements, balance sheets, cash flow statements, key financial ratios, credit scores, and ratings, have equipped us with the insights necessary to make informed and risk-mitigated decisions. For instance, by analyzing a company's financial history and creditworthiness, we have successfully avoided extending credit to clients with a high probability of default, thereby safeguarding our accounts receivable. Additionally, the reports have facilitated our ability to negotiate favorable payment terms with clients, optimizing our financial position. This proactive approach, guided by Global Database's insightful reports, has not only minimized the risk of bad debt but also enhanced our overall financial stability, enabling us to focus on growth and innovation without the burden of financial uncertainty. Review collected by and hosted on G2.com.

The cost of accessing the reports may be prohibitive for some businesses. They should review the pricing system. Review collected by and hosted on G2.com.

I recently had the opportunity to explore the Global Database Business Credit Reports. From credit scores to payment histories and financial statements, the reports offer a 360-degree view of the overall financial company's health. Besides that, the inclusion of industry benchmarks and comparative analyses adds an extra layer of context. Graphs and charts are used intelligently to present complex financial data in a digestible format. The predictive analytics tools also caught my attention, providing valuable insights. Review collected by and hosted on G2.com.

It would be great to prolong the free trial for at least a few days. Review collected by and hosted on G2.com.

We have been working with Global Database for a while now and the overall experience is good. We have received updated data, an intuitive platform, and adapted client reports to forecast all future risks and challenges.

Many credits to their extension which helps to obtain data(name, email, phone number, address...) directly from LinkedIn. Review collected by and hosted on G2.com.

It would be a great option if they introduced monthly payments. The flexibility of monthly payments would be beneficial for many smaller enterprises with fluctuating budgets. Review collected by and hosted on G2.com.

I liked that Global Database provides a range of up-to-the-minute financial information:

1. Payment Information

2. Profit&Loss Data

3. Credit Limit History

4. Capital&Reserves

5. Miscellaneous Indicators

6. KPIS/Ratios

7. Industry Comparison

8. Previous Company Names

Moreover, the data in the credit report is presented in a straightforward manner leaving no room for confusion and questions. Review collected by and hosted on G2.com.

As I've noticed, the company maintains firm, non-negotiable pricing. My preference for the company is to allow some flexibility for bargaining, particularly when it comes to long-term clients. Review collected by and hosted on G2.com.

We collaborate with numerous local carriers and international freight forwarders, and having an extensive database at our fingertips is invaluable. We need to rapidly evaluate data to determine whether to engage with potential partners or not. With Global Database Business Credit Reports, we can confidently assess a company's financial health, including revenue, credit score, debts, and other data. Review collected by and hosted on G2.com.

Many will perceive the cost of credit reports as too much to bear. Review collected by and hosted on G2.com.

We obtained the following data from the Global Database:

1. Liquidity ratios

2. Solvency ratios

3. Profitability indicators

4. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)

5. Cash Flow from Operations

6. Current Ratio

7. Debt-to-Equity Ratio

8. Gross and Net Profit Margins

These financial metrics helped us to create a strategic analysis and anticipate further risks and failures. Review collected by and hosted on G2.com.

I remember some credit reports weren't fully completed with data. We had to wait for the investigation check for a couple of days. Review collected by and hosted on G2.com.