RapidRatings Blog

Global Supply Chains are a Minefield of Hidden Risks

In the days before Candy Crush and our daily Wordle, there was Minesweeper. We’ve all played, right? It was the clickable grid with hidden mines scattered throughout and by using logic, you determined where the flag should be placed without detonating any mines. Why are we talking about a game from the 90’s? Let’s imagine your supply chain as a minefield. RapidRatings acts as a “minesweeper”, flagging the areas of risk surrounding the “landmines”, so

Driving Disruption: How the US Trucker Shortage Hurts Supply Chains

With the summer winding down, one thing is certain… the holiday season is just around the corner. In recent years, that has meant a rise in supply chain disruptions and delays. Although things don’t look as bad as they did last year, there will still be challenges. As labor and material costs rise, interest rates increase, and supply chain problems persist, truck driver shortages will also exacerbate the situation. How the Trucker Driver Shortage will

RapidRecap: ProcessUnity Customer Summit

Last week, RapidRatings participated in the ProcessUnity Customer Summit 2022 in Orlando, Florida. The three-day client-focused conference included platform bootcamps, best practice seminars, and discussions of industry trends. ProcessUnity is an active partner of RapidRatings and RapidRatings was one of the featured partners at the event. Attendees were clients of ProcessUnity, as well as joint clients that also use RapidRatings and leverage the API connector. ProcessUnity integrates with RapidRatings’ Risk Management API, providing their clients

Did You Know RapidRatings Can Predict the Future?

Okay, not really, but we can predict when a supplier’s financial health is at risk. We use our predictive analytics, to provide insights into third-party partners, suppliers, and vendors. You can make better risk management decisions when you have an accurate and forward-looking view of a company’s financial health. At RapidRatings, we believe financial health is the most important key risk indicator to evaluate and monitor. Understanding the financial risk of your supply chain will

RapidRatings Mid-year check-in: Looking back, thinking ahead

It’s officially the halfway mark of 2022! What better time to conduct our own mid-year review and revisit our Diversity & Inclusion (D&I) efforts and share our progress. As we continue to expand and look to what’s next, we should also remember where it started. We all know 2020 marked a turning point in America’s history. The murder of George Floyd and the subsequent resurgence of the Black Lives Matter Movement prompted many companies to
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