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Rivet helps us provide additional value to our clients who require XBRL help. Being able to offer these services collaboratively has strengthened existing relationships while creating an additional revenue stream for the firm.

John Swirsding
ParenteBeard LLC
 

Partnering with Rivet

Partner with Rivet for XBRL Financial Reporting Expertise

Rivet Software believes that relationships developed through strategic partnerships are key to building great products and great companies. To that end, the Rivet Partnership Program is ideal for accounting firms, law firms, EDGAR filers, software companies, business consultants and others who serve organizations that file with the SEC. At Rivet, we are committed to empowering our partners with the ability to offer additional value to their clients. We know they depend on you as a trusted advisor, and you can be confident when extending this trust to Rivet for XBRL financial reporting expertise.

Create Your Own XBRL Team or Outsource with Ease

Rivet’s Crossfire Financial Reporting Platform (Crossfire) puts companies in control of their XBRL SEC filings. As a partner, you have the option to take the mapping and tagging process in-house with your staff utilizing Crossfire. Or you may choose to entrust Rivet’s Compliance Services Team with the entire XBRL filing process for your clients. Either way, you will have our XBRL expertise and support in your corner, which will make you an invaluable resource to clients in need of XBRL guidance.

Partnership Opportunities

  • Add multiple revenue generating opportunities to your current business model. Rivet’s Crossfire Financial Reporting Platform will enhance your service offering to current clients, and give you an additional tool to attract prospective clients with SEC filing requirements.
  • Be the solution for any client’s XBRL needs. As a Rivet partner, you will extend your scope of expertise to include advice, direction and support for any client with SEC XBRL mandate needs. More than 2,300 public companies are currently required to file in XBRL, and an additional 10,000 companies will be affected in Q2 2011. This is a huge opportunity for business advisors already serving these companies.

Why Partner with Rivet Software?

  • World-class developers, experienced accountants, CPAs, SEC Industry Experts and experienced XBRL technologists to support you and your clients throughout the entire filing process, including detailed footnote tagging.
  • The word is out Rivet has done more than 1,200 SEC filings, which is more than any other XBRL vendor. We have the largest XBRL staff in the U.S. and in Q4 2010 took over the role as the market leader.Rivet is the detail footnote tagging market leader. Rivet has done more detailed footnote tagging than any other provider. Our market-leading experience and expertise give you and your clients confidence and comfort throughout the process.
  • Rivet has over 8 years and 150,000 development hours invested into its Crossfire Financial Reporting Platform to help your clients meet their SEC-mandated filing needs.
  • We have partnered with the SEC to build their current rendering engine and this feature is built in to our product, which will allow you and your clients to see their files exactly as they will render with the SEC.

Education and Support

  • Rivet’s Professional Services Team and Education Department are staffed with SEC and XBRL experts to guide you and your clients throughout the filing process. You will always have the most up-to-date information available regarding SEC requirements.
  • Rivet will provide the support and training necessary to empower you and your clients. This includes Rivet’s Partner Certification Training Program that gives you hands-on XBRL experience and expertise to serve your key markets.
  • Our partners have access to Rivet’s professional sales and marketing support, including live product demonstrations, sales materials and Rivet’s Direct Sales Team to help make the entry into the SEC-mandated filing process seamless and stress-free for both you and your client. You will also have access to Rivet University, which provides online classes and training.

Partnership Options

Referal Program: Partner refers clients to Rivet Software for XBRL filing assistance and receives incentives based on products and services sold.

Reseller | Full-Service for SEC Compliance: Partner resells Rivet’s Full-Service offering to clients. Rivet conducts the mapping, tagging, validation and XBRL creation. We provide the completed XBRL package ready to go to the SEC. Partner provides value-add by managing complete filing process for client. Partner can also act as the client relationship manager and liaison between the client and Rivet.

Reseller | Software Only: Partner resells Rivet’s Crossfire Financial Reporting platform (SAAS-based license model). Partner is trained on Rivet’s platform and can offer value-added mapping, tagging, XBRL consulting, and training services directly to clients. Each client would be required to sign a separate End User License Agreement with Rivet. This option requires extensive XBRL knowledge and familiarity with general accounting principles. Partners of this type must be certified through Rivet’s Partner Certification Training Program.