Once you have registered your account, you will be prompted to choose one of two submission methods: QuickSync and Enter Your Own Financials. This guide will cover the Enter Your Own Financials submission flow.
The Enter Your Own Financials workflow allows you to manually input the financial line items directly into our system and receive immediate feedback on any data issues that prevent RapidRatings from releasing your company's rating.
Step 1: Financial and Company Details
After clicking on Enter Financial Data, you will be brought to the next page to input some financial and company details. On this page, you will be requested to provide the name of the company listed on the financial statements, confirm whether the data is audited and provide the currency, units and confirm your company's fiscal year end.
Step 2: Enter Financial Periods
Please submit at least two financial periods. If you are providing interim, or quarterly, financial data, please ensure that you are providing trailing 12 months of data.
You can add additional periods if you would like to submit more than 2 periods. You can provide up to 5 periods. Please note that we require the most recent period to be dated within the past 12 months.
Once you have input your period dates, click Enter Periods to proceed.
Step 3: Enter Your Own Financials
On this page, you will input your company's financial line items in the Balance Sheet, Income Statement, and Cash Flow Statement (if provided).
Should you need to change the financial period, you can click on the pencil next to the dates to update the period.
Step 4: Inputting Financial Data
Click on the line item for each period to input each value. Once you have input all financial data, click on the blue Validate Data button at the bottom of the page. This will immediately review and flag any data issues to be corrected.
Step 5: Validate Data: Resolve Flags and Warnings
If any data issues are flagged, they will appear on the right side. The flags will explain the issues and you can click on them to be brought to the line item. Correct all flags and warnings to complete the submission of your financial data.
Step 6: Submit Your Financial Data
Once all flags and warnings have been corrected, the Validate Data button changes to Submit Data. Click Submit Data to complete your submission and move on to the next step.
Step 7: Confirm and Submit Your Financials
Once confirmed, you will be redirected to the home page with a Success message. Your rating will be available imminently.
Redirected to:
You will be notified via email once the rating has been released. Refreshing the page will load the rating and give you access to the View My Financial Health Page.
Submitting via a financial template:
Should you not want to input the financial data directly via the input fields, you can opt to download a financial template and submit the data via the financial template.
Step 1: Click on the Upload Template button in the Enter Your Own Financials option.
Step 2: You will be redirected to a new screen which allows you to download the financial template via the button in the image below. Please complete the financial template with the two most recent annual periods including any interim data, based on trailing 12 months, in the column on the left, with the annual periods in the middle and right columns. The template will validate any issues in the entry.
Step 3: Upload the completed template and answer the required information fields, then click on Upload Template. Your rating will be available shortly.
