Skip to main content

API Overview and Benefits

This article provides overall benefits of the RapidRatings API and its offerings.

K
Written by Kailey Buxbaum
Updated over 2 months ago

RapidRatings offers an API that enables businesses to securely pull Financial Health System (FHS) data directly into their ERP systems and internal databases. This integration ensures safe and efficient delivery of financial health analysis across your enterprise—providing real-time access to critical data and analytics to strengthen risk management efforts.


What is the RapidRatings API?

Our current offering is a REST API that:

  • Returns data in JSON format.

  • Allows ratings to be pulled immediately by Portfolio or RRID.

  • Supports real-time delivery of financial health data for thousands of suppliers and vendors.


Data Available Through the API

The API provides the most recent three periods or the latest report via batch data transfer, including:

  • FHR (Financial Health Rating)

  • Core Health Score

  • 1-Year Probability of Default

  • 2–10 Year Extended Probability of Default

  • Simulated FHR

  • Operating Profitability

  • Net Profitability

  • Capital Structure Efficiency

  • Cost Structure Efficiency

  • Leverage

  • Liquidity

  • Earnings Performance

  • FHR Report

  • Financial Dialogue Report


Business Benefits

  • Seamless Integration: Incorporate financial health data and reports into existing systems and workflows.

  • Real-Time Access: Instantly retrieve data across thousands of suppliers and vendors.

  • Improved Collaboration: Share insights across departments for better decision-making.

  • Automated Scheduling: Set up recurring API updates for continuous data flow.

  • Enhanced Risk Management: Support risk-based decision-making initiatives with trusted analytics.

  • Secure Exchange: Ensure safe and reliable delivery of sensitive financial information.


Next Steps

To get started with the API:

  • Contact your Client Success Manager for access credentials and documentation.

  • Review our API Developer Guide for integration details and best practices.

Did this answer your question?