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Carroll Communications—recently awarded a new Department of VA contract in Texas (for the Installation of new Access Control/Physical Security Card Readers)—has been using The FHR Network and their own Financial Health Rating to advance those partnerships across the globe.
The world’s supply chain has never been more interdependent as it is today. And as a global pandemic continues to redefine modern commerce, one thing is certain—to have stronger suppliers, we need stronger relationships with suppliers.
RapidRatings Listed in the Spend Matters Almanac and ProcureTech100 for 2021
For many companies around the world, this October has been a defining month.
Beyond the typical trappings that come with any budget season, there are new, late-stage pandemic priorities, adjustments, and concerns that are top-of-mind for chiefs of sourcing, procurement, risk, and finance.
Last year, we predicted that the pandemic would exacerbate pre-existing weaknesses in the financial health of both public and private companies across industries. Among 24 out of 30 industry categories, there was an average six-point drop in core health from YE ‘19 to YE ‘20. This type of fundamental deterioration of US corporates is significant.