RapidRatings

Supplier financial-health ratings with real-time RiskPulse alerts

Overview

RapidRatings sells financial-health intelligence for third-party, supply-chain and credit risk. Its core measure, the Financial Health Rating (FHR), is a 0–100 score of a public or private company’s financial health and default risk, built on more than 12 million company-years of data; the company states that it has produced more than 500,000 ratings across 150 countries[24].

For monitoring, its RiskPulse capability provides real-time alerts across a supply chain as conditions change, and the platform monitors external signals continuously[24]. RapidRatings states that 92 percent of companies that filed for bankruptcy had High or Very High Risk FHRs and that clients get an average of 24 months of warning before a vendor bankruptcy; these are the company’s own figures[24]. It names clients including Verizon, McDonald’s, Nokia and Duke Energy on its home page[24].

RapidRatings monitors financial health rather than register events, ownership or sanctions. Its ratings for private companies typically depend on the supplier sharing financial statements, and its home page links to packages without listing prices. It suits procurement and supplier-risk teams that need early warning of financial distress among key suppliers.

RapidRatings features

  • 0–100 Financial Health Rating
  • RiskPulse real-time supply-chain alerts
  • Continuous external-signal monitoring
  • Public and private company ratings
  • 500,000+ ratings across 150 countries

RapidRatings pricing

Not published; the site links to pricing and packages without figures.

RapidRatings strengths and limitations

Strengths

  • Purpose-built financial-health score
  • Real-time supplier alerts
  • Covers private as well as public companies
  • Named enterprise clients

Limitations

  • No register, ownership or sanctions alerts
  • Predictive claims are vendor figures
  • No published pricing
  • Narrow focus on financial risk

Appears in

RapidRatings alternatives and competitors

Alternatives to RapidRatings: companies ranked in the same lists.

Is this your company?

Update the description, logo, image and link through the submission form. Editors review every change.

Update this listing

Is your company missing from a list?

Send your logo, description and link. Editors review every submission, and approved listings are clearly labelled.

Add your company