s p o n s o re d c o n t e n t
T E C H N O L O G Y
INNOVATION
AWARD
SPOTLIGHT
8 June 2016 • www.CPAPracticeAdvisor.com
RIVIO Clearinghouse
RIVIO, a service of CPA.com in partnership with
Conf irmation.com, is an online clearinghouse that
enables private businesses to exchange CPA-produced
f inancial information with investors and lenders,
ensuring data is submitted from a validated source.
With the profession focused on the audit in the future,
RIVIO (which stands for Repository of Intelligent
Validated Inputs and Outputs) represents a new
benchmark in the delivery of financial documents to
key stakeholders. It leverages CPA.com and Confirma-
tion.com's experience and platform. Additionally,
RIVIO provides a validation process to verify that CPA
firms leveraging the clearinghouse, are appropriately
licensed to upload attested f inancial information.
Furthermore, the clearinghouse application is based
on the technology behind the award winning Confir-
mation.com platform, used and trusted by more than
13,000 CPA firms to manage their audit confirmations.
The RIVIO system provides this same piece of mind
for an array of private financial documents.
HERE'S HOW IT BENEFITS STAKEHOLDERS:
CPA Firms: RIVIO ensures end users receive an
unaltered version of CPA-produced financial informa-
tion, minimizing the risk of fraud that could compro-
mise a firm's reputation or create legal entanglements.
At the same time, it allows firms to improve their level
of compliance with financial statement withdrawals,
Agreed Upon Procedures restricted access, and
maintaining privity.
Investors and Lenders: RIVIO reduces the risk
of fraud by eliminating opportunities for data
alteration. It also eliminates bottlenecks by
providing speedier, 24/7 access to data. And
it provides the assurance of authenticated
financial information from a CPA.
Private Businesses: RIVIO ensures financial
data is protected and can only be shared
with authorized users. And with secure,
real-time delivery, it can reduce time for
lending and investment decisions.
To learn more, visit:
www.RIVIO.com