NEW YORK--(BUSINESS WIRE)--RapidRatings, the leader in financial health analytics, has been named by Spend Matters to its “50 Providers to Know” list for 2018. The recognition highlights RapidRatings’ quantitative Financial Health System for helping procurement professionals manage risks, maintain operational resilience, and leverage supply chain as a source of competitive advantage. This award marks the third consecutive year RapidRatings has been recognized by Spend Matters and its first appearance on the 50 Providers to Know list having appeared on the 50 Providers to Watch list previously.
“Procurement organizations are being given greater responsibility for managing risk within the enterprise. As a result, we’re seeing companies make significant investment in risk management tools and technologies that link procurement, category, and supplier management strategies,” said James H. Gellert, Chairman & CEO of RapidRatings. “We’re honored to be recognized as a Top 50 Provider to Know, and are further motivated to continue innovating our technology to help companies gain greater visibility and control of supply chain risk.”
The 50 Providers to Watch/Know lists, now in its fifth year, are the result of deep analysis and corroboration among all Spend Matters analysts and reflect the publication’s unbiased, independent view of the companies “setting the industry standard” in procurement technologies and services. Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions.
“We’re thrilled RapidRatings made it onto the 2018 Spend Matters 50 to Know 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. RapidRatings earned a deserved spot as one of the procurement providers worth knowing in 2018.”
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.
About Spend Matters
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.