FAQs – FRA Services AG – Financial Analyses

FAQs

Our FAQ section - here we remove all question marks

In our FAQ section you will find clear and understandable answers to frequently asked questions to help you in your understanding and decision making.

What is a financial risk analysis (FRA)?

A financial risk analysis is a comprehensive assessment of the financial stability of your suppliers. It helps identify potential risks in your supply chain at an early stage.

How often should a financial risk analysis be performed?

The frequency of an analysis depends on your individual requirements. As a rule, it is advisable to carry it out at least once a year and per supplier in order to be able to react quickly to changes in the financial situation of your suppliers.

What is the difference between an FRA and an FRA+ scenario analysis?

FRA+ scenario analysis goes beyond our traditional financial risk analysis and offers insights into possible future developments. It identifies potential financial challenges and offers concrete recommendations for action.

How is the security/confidentiality of my supplier information ensured?

The confidentiality of your supplier information is our top priority. All data will be handled securely and protected in accordance with applicable data protection regulations and, where applicable, agreed NDA’s. Data upload via our scorebox is the safest way to share your sensitive data with us. Our servers are all located in Germany.

Who gets access to my submitted data?

FRA Services AG employees will have access to your submitted documents. The result of the analysis is provided to the common customer who ordered the analysis.

Where is my data stored?

On the FRA scorebox.

How do I get access to the Scorebox?

We will be happy to create an account for you – please feel free to contact us by e-mail or phone.

As a supplier, can I also receive a report?

You can request the credit rating of your own company from us and we will be happy to evaluate you.

Is it possible for me to submit my documents in my local language?

Yes, it is possible. However, the files should be PDF files, i.e. not scanned documents.