Get accurate financial insights into your most critical suppliers with RapidRatings FHR®, and monitor risk levels across your supplier network with instant HealthMark® ratings. The FHR and HealthMark can be used independently or in combination to provide the ultimate supplier risk management solution. Understand and manage supplier risk. Building and managing a resilient supply chain is critical to the function of your business.

Our solution allows companies to proactively monitor and identify potential risks in their global supply chains - before they become disruptions. The FHR detects financial instability in suppliers on average 12 months before they start disrupting your business - giving you valuable time to mitigate risk and prevent disruption.

FHR® solution

RapidRatings analyzes private and public company financial statements to produce consistent, accurate ratings and reports for all their suppliers, globally. A company's financial health rating is an accurate and predictive indicator of its future performances as a business partner, credit obligor, or supplier. The FHR projects reliable forecasts of the 12-month and long-term outlooks of the companies that touch your business and predicts probabilities of default with proven, high accuracy. We have eliminated the uncertainty that comes with qualitative, market-data-driven payment history, and other subjective ratings.

The FHR is a common language that procurement, sourcing, finance, and credit teams can all use to make more informed decisions. It is not only the cornerstone of RapidRatings, but also an industry standard for determining a company's viability. The FHR offers clients predictive disruption insights with a thorough, objective view of a public or private company's financial health and risk of default.

How is the FHR Generated?

We use a proven proprietary algorithm that spots bankruptcy risks and other financial threats years in advance to create accurate financial health ratings. Our 24 industry sector models use actual financial data, which is quantitative data found solely in financial statements. Using financial statements for both public and private companies, our models analyze a particular company's risk and generate an FHR, a rating from 0 to 100 that indicates the company's overall financial health.

Streamlined outreach

Due to the nature of financial reporting, it's difficult to get a full picture of a private company's financial health. Nearly 75% of suppliers and vendors are private companies, which makes access to accurate, comprehensive financial data critical to detecting a decline early before it can harm your business. RapidRatings sources private company financial statements from over 150+ countries. Our dedicated team obtains and analyzes the financial statements of your private suppliers or vendors - freeing up valuable time for you to focus on core business activities.

HealthMark®

HealthMark is a 1-5 rating giving you instant visibility on over 100 million private companies globally. HealthMark uses robust financial data trends to predict which members of your supply chain have the highest probability of being in financial distress, giving you the power to manage risk and prevent disruption. The model is built on a well-established and widely recognized link between supplier insolvency risk and key financial characteristics identified through financial statement analysis.

HealthMark calculates risk prediction scores using RapidRatings high-quality FHR® dataset, combined with firmographic and selected financial data. Its dynamic methodology and regularly updated data sources ensure you stay responsive to real-time market changes. Location filters allow you to specify the city, state, and country of the company you are searching for and get a rapid overview of risk hot spots within your supply chain. HealthMark uses robust financial data trends to predict which members of your supply chain have the highest probability of being in financial distress, giving you the power to manage risk and prevent disruption.