Question: How do I impact my Supplier Evaluation Risk Rating?
Answer: You can impact your Supplier Evaluation Risk Rating by addressing those areas of your business that most influence the score. Since the Supplier Evaluation Risk Rating is weighted by payment history, business and industry demographics, public record data, financial statements, and macroeconomic factors, taking the steps below may improve the way each of these factors affect your score:
- Make every effort to pay your bills on time - your payment behavior and trade data are factors influencing your Supplier Evaluation Risk Rating. For more information on impacting your D&B PAYDEX score, please visit our PAYDEX FAQ.
- Review your D&B report. Make sure it is complete and up to date with the most current and accurate information, including your payment history and public filings. For more information on updating your report, please visit our Company Update FAQ.
- Submit positive financial statements to D&B for review. To learn how to submit financial statements, please visit our Company Update FAQ.
Furthermore, adding additional payment experiences to your D&B credit file with our CreditBuilder service can supplement the above steps by helping to strengthen your PAYDEX score. For more information on submitting trade references, please see our Trade References FAQ. If you have questions regarding the Supplier Evaluation Risk Rating, you can contact one of our Credit Advisors by clicking on the "Submit a Request" tab from the menu bar above and filling out a request form.