Technology, Media and Telecommunications
The technology, media and telecommunications industry is not only undergoing rapid change itself, it is driving much of the innovation within every industry across the globe. Companies must rapidly evolve to keep up with disruptors, first movers and goliaths alike. Processes, organizational structures, reporting environments and internal systems must mature and change at a breakneck pace to meet the growingly complex needs of consumers and business in order to remain relevant.
Riveron’s experienced teams have been engaged in and provided decades of service to companies within the technology, media and telecommunications sector, bringing insight to effective strategies that solve challenges unique to the industry. Our ability to adapt quickly to unknown environments, swiftly discover and assess client challenges to better understand root cause and then devise and implement practical solutions appropriate to the situation makes us a trusted advisor in this space.
Key technology, media and telecommunications areas we serve include:
- Communications equipment and systems
- Other internet companies
Riveron implements scalable financial system for carved-out entity
A $200 million payment processing solutions provider, was carved-out of its $20 billion publicly traded on a foreign exchange parent entity. Riveron was initially engaged to prepare historical carve-out financial statements and provide technical accounting and audit support. Our team was then asked to ensure the carved-out entity could successfully operate as a standalone business with a new, high-functioning finance and accounting department. To achieve this goal, we successfully implemented NetSuite, developed scalable business processes and provided visibility into financial performance, KPIs and company direction for all stakeholders.