Rivet in the News
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December 30, 2009
Patrick Quinlan (Rivet Software) explains the importance of XBRL to Scott Drake (Legal Broadcast Network)
Under Sarbanes Oxley regulations, CEOs and CFOs of publicly traded companies in
the United States can now be held criminally liable for the accuracy of financial information,
yet these officers usually have little control or knowledge of how this information is gathered
and analyzed. This indicates a system that increases transparency, accuracy and helps streamline
financial; reporting could be quite popular. Scott Drake interviews Patrick Quinlan the
president of Rivet Software. Rivet has created such a product. Rivet Software clients include
securities companies, mutual funds, publicly traded companies of all sizes and agencies of the
federal government.
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December 7, 2009
Denver Software Company Adding Skilled Accountants as its Business Grows
At least one Denver company is bucking the current trend, and adding more
jobs while its business continues to grow. It can be a great opportunity for stay
at home parents if they have the right skills. Ten years ago, Charlie Hymer left
her job as a Certified Public Accountant to raise a family. Now thanks to Denver-based
Rivet Software, she's started working from home demonstrating the company's new accounting
and transparency software to other corporate accountants.
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November 27, 2009
Rivet Nails Demand for Hot Product
XBRL spells growth for Rivet Software. The Douglas County-based company has become
a leader in handling a soon-to-be-mandatory product, eXtensible Business Reporting
Language (XBRL), which is used for corporate financial reporting. Rivet began selling
the product six years ago. Demand is about to boom because the U.S. Securities and
Exchange Commission has mandated that all publicly traded companies begin reporting
their financial results in XBRL by 2011.
March 17, 2009
Rivet Software Offers XBRL Solutions to Public Companies through IBM's SaaS Specialty
Rivet Software, which develops financial communications and analysis software
including XBRL creation and viewing applications, announced that it has joined
IBM's software-as-a-service (SaaS) Specialty to help public companies comply with
U.S. Securities and Exchange Commission (SEC) rules for XBRL filing.
March 16, 2009
Rivet Software Joins IBM's Software as a Service Specialty
Rivet Software today announced it has joined the IBM (NYSE:IBM - News)
Software as a Service (SaaS) Specialty to deliver XBRL creation, viewing and analysis
solutions to U.S. public companies that are required to submit financial information
in eXtensible Business Reporting Language (XBRL) format under the recently adopted
mandate by the U.S. Securities and Exchange Commission.
February 20, 2009
SAP Plays the Data Tagging Game
With the XBRL mandate from the Securities and Exchange Commission now official,
business software vendors are starting to push their data-tagging capabilities
harder than ever.