The Financial Health System (FHS) analyzes the financial health of companies and provides a numerical Financial Health Rating (FHR). "RapidRatings provides data around the financial viability - how weak or strong they are, are they trending down or up, do they look good in the short or long term," Evans said. Getting an inside look at the financial strengths of suppliers The integration of RapidRatings into SAP Ariba was introduced at the SAP Ariba Live conference in Austin, Texas. Once a supplier is onboarded in SAP Ariba, customers can use the system to continuously monitor it. The integration is meant to help SAP Ariba customers get the most up-to-date information about a potential supplier's financial health profile, according to Eric Evans, managing director of business development at RapidRatings, based in New York.
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