Today’s volatile business environment requires an intense focus on earnings and cash with an eye on also developing a competitive advantage. Riveron helps organizations improve their overall performance by implementing and driving solutions targeting revenue growth, cost management and working capital optimization.
Our functional leadership and expertise is focused on improving business processes, enabling technology and aligning the enterprise operating model for growth and achieving strategic objectives. We target your core areas of finance and operations to increase profitability and improve cash flow.
Riveron’s practical, results driven approach delivers immediate impact to your business.
Riveron implements scalable financial system for carved-out entity
A $200 million payment processing solutions provider was carved-out of its parent entity, a $20 billion international, publicly-traded company. 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.
Riveron optimizes financial processes resulting in cost savings
Riveron guided an environmental waste management company, a portfolio company of the Private Equity client, in their efforts to improve cash flow visibility, alleviate daily borrowing availability issues, and re-engineer their procure-to-pay process with an emphasis on reducing the Company’s outstanding A/P balance. Riveron optimized the Company’s financial situation by developing new FP&A tools, creating a procure to pay future state roadmap, shifting external services in-house and automating the borrowing base template – the latter resulted in increased borrowing availability of $200-300k and allowed the CFO to shift greater focus to strategic initiatives.
Related News & Insights
In today’s volatile business environment, companies rely heavily on their finance function for financial and operational reporting, business analytics and performance management. An under-utilized finance function can limit a company’s visibility into business performance preventing them from achieving their strategic growth goals. In this webinar Riveron provides key takeaways on how to streamline and optimize your finance function so your company can increase efficiencies, free up employee bandwidth, and achieve strategic initiatives.
Riveron Launches Cloud ERP Practice for Private Equity Firms, Corporations and Lenders Across Various Industries
Riveron, a business advisory firm, has launched a dedicated cloud-based ERP practice, helping their customers successfully leverage technologies in order to achieve diverse and evolving goals. Riveron provides its customers with a unique combination of consulting, public accounting and industry experience.
“Every industry has unique business needs and objectives they are trying to achieve. Delivering accurate data and supporting analysis is critical for high-performing organizations to remain competitive. We are committed to enabling technologies that provide the greatest return on investment,” said Ryan Senter, Executive Managing Director, Riveron. “By combining business process leading practices with Riveron’s extensive technical acumen around systems like NetSuite, our customers can streamline and scale their businesses like never before.”
To maximize revenue, cash flow, profitability, patient satisfaction and successful health outcomes, all stakeholders in the U.S. healthcare system need to understand how their business is impacted by particular internal and external drivers.
Collaboration, coupled with a commitment to a disciplined process, can lead to better product decisions.