RapidRatings produces the Financial Health Rating from your company's financial statements. D&B reports, Altman Z-scores, and other third-party credit assessments cannot be substituted for a submission because they are outputs of other rating processes; our output is derived from financial statement data.
What we accept
The FHR Exchange accepts financial statements — the balance sheet, income statement, and cash flow statement your company already produces. These are the direct inputs the FHR is calculated from. If your client has requested an FHR, submitting your financial statements through the FHR Exchange is what completes the request.
Why D&B reports and Z-scores are not substitutes
A D&B report and a Z-score are both derived from financial statements and other data points, but each one is the result of a different provider running a different methodology against that underlying data. Handing us a D&B report or a Z-score is not the same as giving us the financials — it is giving us someone else's calculation of the financials, filtered through their model.
The FHR is calculated directly from your statements using RapidRatings' own methodology, which is what allows your client to compare it consistently against every other supplier in their program. Substituting a third-party report would mean the client is looking at ratings that were not built to be compared with one another.
What this means if you already have a D&B report or a Z-score
The financial statements underneath your D&B report or Z-score are the same statements the FHR is built from, so producing an FHR does not require you to prepare anything new. Submitting those statements through the FHR Exchange is the additional step, and it is what allows your rating to be produced.
What you get by submitting
The FHR is generated from your own statements, so the rating reflects your actual financial position rather than a modeled estimate. Once produced, you can access your FHR Report through your account and see the same view of your company's financial strengths and weaknesses that your client sees. Most private companies otherwise have no direct source of independent, standardized financial health analysis — the FHR is one of the few outputs that gives you that view of your own business as a byproduct of completing your client's request.