Financial Information Exchange Developed by CPA.com and Confirmation.com Honored for Innovation
NEW YORK (Nov. 18, 2016) – RIVIO Clearinghouse, a secure document exchange for private company financial information, has been honored with Accountex’s 2016 Blue Ocean App Award, which recognizes innovation in the accounting software marketplace for small to medium-size businesses.
The award was presented today in Las Vegas at Accountex USA, the largest independent accounting technology conference and expo in the United States. It is one of four Meridian in Technology Awards that Accountex oversees in partnership with AccountingWEB, a leading online community and news site for CPAs.
“The Blue Ocean App is an important designation, as it represents innovation in the marketplace,” said R.D. Whitney, group vice president of Diversified Communications, the parent company of Accountex. “The (RIVIO) solution steps outside standard market boundaries to answer a problem that had previously not been addressed for not only CPA firms and their clients, but for financial institutions as well.”
Jointly developed by CPA.com and Confirmation.com, RIVIO is an online platform that securely controls the flow of financial documents between private companies, CPA firms and lenders and investors. It helps prevent fraud and provides more sophisticated controls than existing delivery methods.
“This is the third major accounting technology award RIVIO has won this year, so we’re seeing a consensus of expert opinion form about the advantages of this innovative platform,” said Erik Asgeirsson, president and CEO of CPA.com.
The clearinghouse previously was recognized with a CPA Practice Advisor 2016 Tax & Accounting Technology Innovation Award and an Accounting Today 2016 Top New Product designation.
“We’re proud to be recognized with this award and look forward to working with CPA firms, private equity firms, financial institutions and other key stakeholders who can benefit from RIVIO,” said Brian Fox, CPA, founder and president of Confirmation.com.
For more information about the clearinghouse, visit RIVIO.com.
About CPA.com
CPA.com offers a growing list of products and services for practice management, client advisory services and professional development. The company has established itself as a thought leader on cloud technology and has been a driving force around the reemergence of virtual CFO/Controller services by firms.
The RIVIO Clearinghouse, a joint venture between CPA.com and Confirmation.com, is an online financial document clearinghouse that enables private businesses to exchange key financial information with lenders and investors.
CPA.com is a subsidiary of the American Institute of CPAs, the world’s largest member body representing the accounting profession. For more information, visit CPA.com.
About Confirmation.com
Confirmation.com is the world's leading provider of secure online audit confirmations. Today, 13,000 audit firms confirm over $1 trillion annually for 700,000 clients worldwide. Confirmation.com is used in over 125 countries by banks, companies, and law firms to respond to audit confirmation requests. For more information, visit Confirmation.com.
