As a general contractor using TradeTapp, you can review and customize the financial ratios and metrics being used to generate the financial analysis and benchmarking results for your vendors.
To view financial ratios & metrics
Click on your company name in the top right corner.
Click “Financial Model.”
Now you can see the 19 liquidity, turnover, debt, and profitability metrics TradeTapp offers and how the financial categories are weighted. Our default settings are based on best-practices sourced from our customers, partners, and advisors. We encourage you to review these settings during implementation, to ensure the platform best aligns with your organization’s specific needs.
By default, financial category weightings are set to:
- 35% Liquidity
- 20% Turnover
- 20% Profitability
- 25% Debt
Click "Formula Definitions" to download a PDF to understand the abbreviated metrics in each formula.
To adjust the financial category weightings and metrics
Click and drag the circles until your desired distribution is reached.
Click to toggle financial ratios on and off to add or remove them from all your financial calculations and benchmarking. This will remove these ratios from the “Financial” tab on the vendor profile.
You can also add your company’s in-house financial ratios to be scored alongside TradeTapp’s standard metrics. The results of these custom ratios will only be seen by your company. Learn more about custom financial ratios here.
When you are finished customizing financial categories and their weightings, click “Apply” to save your changes.