The RIVIO Clearinghouse, a service of CPA.com, an AICPA Company, in partnership with Confirmation, is an online financial document clearinghouse that enables private businesses to exchange key financial information with their investors and lenders as well as retrieve information from their CPA firm, ensuring data is submitted from an authenticated source. It provides a validation process to verify that CPA firms leveraging the clearinghouse are appropriately following the stringent professional requirements to upload attested financial information. The name RIVIO is also an acronym for: Repository of Intelligent Validated Inputs and Outputs.
The platform is based on the technology behind the award winning Confirmation platform, used and trusted by more than 13,000 CPA Firms to manage their audit confirmations. The RIVIO Clearinghouse provides this same peace of mind for an array of private financial documents.
Both Erik Asgeirsson, President and CEO of CPA.com, and Brian Fox, President of Confirmation, have had career long passions which include: ending the era of financial fraud, the proliferation of cloud accounting technology, improving the accounting workflow and identifying opportunities for accounting professionals to bring additional value to their clients. A financial clearinghouse for private businesses was a missing piece in the profession. Erik and Brian both felt it was something truly needed in the market.
Today's capital markets demand accurate and timely financial information.
A comparison of the old paper process involved in sharing an audited financial statement and some issues that can...
CPA.com empowers CPAs and businesses for the digital age. The company offers a growing list of digital products and services that help firms succeed in practice management, client advisory services and professional development.
CPA.com is a subsidiary of the American Institute of CPAs, the world's largest member organization representing the accounting profession, and operates such leading websites as the AICPA Store, AICPA.org and IFRS.com.
The company has its headquarters in New York City and offices in Silicon Valley, Calif., Dexter, Mich., and Durham, N.C. For more information, visit CPA.com.
Confirmation is the world's leading provider of secure online audit confirmations. Today, 13,000 audit firms confirm over $1 trillion annually with over 3,000 banks for 700,000 clients worldwide. Confirmation is used in over 125 countries by banks, companies and law firms to respond to audit confirmation requests. For more information, visit Confirmation.com.