Agile Risk Indication for All Third Parties
RapidRatings’ HealthMark™ is an instant indicator of financial risk level for millions of private companies worldwide to inform time-sensitive decisions when financial statements aren’t available.
The common factor for good business decisions is the ability to quickly and easily access accurate data to support and inform the decision-making process.
Financial health is the gateway for understanding the strengths, weaknesses, and potential opportunities associated with the vast ecosystem of business relationships. When it comes to managing financial risk of third-parties, risk and procurement teams depend on timely and accurate analysis on every company they buy from, sell to, or partner with – BOTH public and private. However, access to updated and thorough information on private companies has often been challenging if not unattainable.