NEW YORK--(BUSINESS WIRE)--RapidRatings™, provider of the most sophisticated analysis of the financial health of public and private companies in the world, has been named for the second consecutive year by Spend Matters to its “50 Providers to Watch for 2017.” The list of software companies “pushing the envelope” in procurement and supply chain was announced today at the Institute for Supply Management (ISM) Conference held in Orlando, Florida.
“We’re challenging companies around the world to build business relationships founded on new standards of transparency,” said James H. Gellert, Chairman & CEO of RapidRatings. “We are honored to be recognized as a Top 50 Provider not once, but twice. This external acknowledgement by Spend Matters and by the market motivates us to continue our innovation to help companies gain greater visibility and control of supply chain risk.”
The list, now in its fourth and most competitive year, recognizes companies listed in the Spend Matters Almanac and is the result of intense debate, discussion, and refinement of the latest procurement technology and service offerings among all Spend Matters analysts.
“It’s difficult — and getting even more so — to make Spend Matters' 50/50 lists, and we’re thrilled RapidRatings made it onto the 2017 Spend Matters 50 to Watch list," said Jason Busch, founder and head of strategy at Spend Matters. "This list is the product of intense, debate, discussion and refinement each year by our analysts. This year saw new coverage areas and increased competition among providers in existing segments. RapidRatings earned a deserved spot as one of the procurement providers worth watching in 2017.”
RapidRatings is transforming the way the world’s leading companies manage enterprise and financial risk. RapidRatings provides the most sophisticated analysis of the financial health of public and private companies in the world. The company’s analytics system provides predictive insights into third-party partners, suppliers, vendors, customers and securities issuers. Every business conversation becomes more productive, transparent and efficient with the RapidRatings Financial Health System™. For more information, visit www.rapidratings.com.