We help decision-makers significantly reduce exposure to third-party risk with comprehensive ratings of private and public companies.
Third-party vendors are critical to businesses. However, they also have the potential to disrupt and damage your business. Managing this risk is vital to the success of your business.
RapidRatings’ third-party risk management solution—the FHR—reveals a vendor's underlying strengths and exposes areas of weakness. It's an accurate, actionable, and scalable risk management solution for your entire vendor network.
A vendor’s financial health determines their resilience, and their lack of it puts your business at risk. The FHR eliminates uncertainty and provides transparency into the financial health of your private and public vendors.
RapidRatings' FHR clients had 12-24 months early warning on the declining company ratings that preceded recent high-profile defaults. Our advanced disruption alerts and recommended mitigation action plans allowed clients to prepare for and avoid potential loss.
Strong and healthy third-party relationships are built on trust. RapidRatings’ FHR rating and suite of reports provide accurate analytics and recommendations, fostering honest and transparent dialogue between customers and vendors.
We examine your vendors' financial statements—both private and public companies—to produce a financial health rating that determines the risk they pose to your business.
See how you can up-level your third-party risk analysis and protect your business.
Powered by predictive analytics, the FHR is more than a rating. It provides deep insights into the stability, core health and resiliency of a business in a suite of reports that drive action and outcomes.
The reports provide practical insights and real guidance on managing the third party based on the analysis of their financial statements.
Ready to see how the FHR can help you proactively manage third-party risk?
Request a free FHR report on any public company to understand how we break down financial health and resiliency indicators of third parties.
Our team of experts is here to ensure you gain the insights to manage risk effectively and ensure your business succeeds.
"Diverse businesses provide us with the greatest opportunity to offer innovative, high-quality, cost-effective business solutions for our customers…[financial health reviews] help us work more effectively with these businesses."