Mid Market Members of RapidRatings have access to FastTrack which will allow them to invite your counterparties to join the FHR Exchange via FastTrack.
Understanding the FastTrack Program
Your organization likely manages a complex ecosystem of counterparties—including suppliers, vendors, and third parties. Some of these companies are essential to your core operations, while others play a more peripheral role. FastTrack allows you to get your relevant counterparties rated.
Introducing FastTrack
The FastTrack program is designed to streamline the process of obtaining Financial Health Ratings (FHRs) for your suppliers and counterparties. Unlike traditional private company outreach, FastTrack enables a more scalable and efficient approach.
How FastTrack Works
FastTrack allows your team to send open invitations to non-critical suppliers, inviting them to participate in the RapidRatings process. This approach provides:
Broader visibility into the financial health of your supply base
Reduced manual effort for outreach and follow-up
Faster access to FHR reports for a wider range of companies
By leveraging FastTrack, you can enhance your risk oversight without overextending resources on less critical relationships.
If you would like to learn more about the FastTrack program, please reach out to your [email protected] for more detail.