Collecting Financial Information from Private Companies
Gathering financial data on public companies is relatively straightforward—they frequently publish information in public forums and are often featured in the news. However, private companies typically account for two-thirds or more of critical suppliers, vendors, or counterparties for most clients. This makes them a key focus for risk assessment.
The Outreach program solves several key gaps to analyzing your private company supplier base:
Obtaining comparable information and ratings to evaluate private companies alongside public ones.
Save your team time and resources on collecting and analyzing private company data — especially when private companies are hesitant to share
Ensuring timely access to the information you need
To help identify which companies you should submit via the outreach program, RapidRatings recommends completing a Company Matching exercise (aka segmentation).
How RapidRatings Helps
Our Member Services Team addresses these challenges by working directly with your private counterparties to secure financial data and deliver actionable ratings guidance.
Here’s what you can expect:
Dedicated Support: Each counterparty is assigned a Member Services associate who manages the entire process from initial outreach to completion.
Expert Guidance: We assist counterparties with questions about:
Uploading financial statements
Understanding our ratings methodology
Security and privacy protocols
Confidentiality Guaranteed: All information collected and ratings generated are strictly confidential and never shared with other clients without the company’s explicit authorization.
Why This Matters
By leveraging RapidRatings’ Outreach Program, you can confidently assess private companies without the burden of manual data collection, ensuring timely and accurate insights into your most critical relationships.
For more information on the Outreach process, go to the Launch Process to get started! |