In the News

November 8, 2017

Many Banks Unprepared for FASB’s New Credit Loss Standard

November 8, 2017

The Financial Accounting Standards Board’s new standard on accounting for credit losses will require some major changes for banks, particularly smaller ones, as well as many companies that provide loans. RapidRatings helps banks implement CECL at the corporate level and recently launched a new Term MORE

November 1, 2017

In Procurement Circles, a Company is Only as Good as its Network of Suppliers

November 1, 2017

Supply chain resilience and business continuity are close cousins. If one sputters, the other is immediately placed at risk. To avoid disruptions in business continuity, supply chain-induced risk events (such as products that are delivered late or products that, once delivered, are found to be defective) MORE

August 24, 2017

The Morning Risk Report: 5 Steps to Better Supply Chain Risk Management

August 24, 2017

When developing a supplier risk management strategy, there are five key factors to creating and implementing a comprehensive risk management program, according to Brian Sica, director of sales operations at RapidRatings. Those five criteria are: understanding which types of risks are most important to MORE

August 14, 2017

August 14, 2017

If the Gymboree bankruptcy has you wary about the children’s retail space, fret not. The latest report from The Children’s Place is a positive sign that not all children’s retailers are created equal. James Gellert, chairman and CEO of RapidRatings, noted that Gymboree struggled on the diversification MORE

August 4, 2017

Survey Roundup: Some in Compliance Adapting Strategy to Trump Administration

August 4, 2017

Some Are Ready: A survey of 88 executives involved in procurement and supply chain issues by financial health ratings firm RapidRatings found 14% said their organization has a resilience strategy in place for its supply chain. MORE

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