Procurement Magazine March 2025 | Page 122

RAPIDRATINGS
STRATEGIC SUPPLY CHAIN
providing forward-looking , quantitative analysis of both public and private companies .
With its FHR , RapidRatings provides highly accurate and predictive risk assessments that focus on financial health as a core indicator of potential risks across a supply chain .
RapidRatings ’ approach enables organisations to make proactive and informed decisions . In the past , procurement and supply chain managers have relied on historical payment data as a proxy for suppliers ’ financial risk , but its FHR provides forward insight with an unmatched depth of analytic rigour .
RapidRatings CEO , John D ’ Aleo , joined with more than 25 years of fintech risk management experience , specialising in driving strategy and growth across sales , marketing , product and operations . Procurement Magazine caught up with John to discuss why understanding the financial health of suppliers is more critical now than ever before .

RAPIDRATINGS

HEADQUARTERS : NEW YORK , US NUMBER OF EMPLOYEES : 180 NUMBER OF COUNTRIES : 140
Suppliers ’ financial health : A critical function In today ’ s market , knowledge and data are the key to a resilient supply chain . Companies of all kinds are faced with significant risks to navigate . Economic uncertainties , like inflation and interest rates , global disruptions , such as port strikes and natural disasters , along with tariffs , trade wars and years of financial health pressure on private companies , all mean risks abound .
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