All FHR Exchange members have full control over who can see their FHR. When you receive a request to share your FHR from a client, you can accept or decline the share request. Sharing controls are available on your RapidRatings account dashboard in the portal. We don't yet have functionality within the portal to deny a request, so you'll have to let our team know you're denying the share so we can close it out on our side. Additionally, if you accept a share and then decide to revoke it at a later time, you'll need to let our team know of that decision so we can action accordingly.
Accepting or Declining a Request
When you accept a request to share, you can choose whether to share your FHR in full or a Summary Disclosure Report. This is then shared with the client making the request.
When you decline a request to share, no information will be shared with the company making the request.
Note that only clients of RapidRatings get access to the Standard or Summary Disclosure reports. For members, the FHR elements are broken out within the FHR Summary Tab on the View My Financial Health page in the portal.
Full FHR (Standard) vs. Summary Disclosure Report
Both the full FHR Report and the Summary Disclosure Report are based on the same financial inputs; it is just the data that is visible in the report you share that differs. The key difference is the Summary Disclosure Report does not show the underlying financial line items in the report.
The FHR Report is a comprehensive analysis of your financial health that provides greater transparency since it includes the underlying financial data used to generate the rating. It allows you to establish a high level of trust and promotes open dialogue with your business partners.
The Summary Disclosure Report is a high-level summary of your FHR Report that excludes the detailed financial statement data. It allows you to share your FHR and Core Health Score without divulging raw financial line items.