Your accounting on auto-pilot, from reconciliation to audit.
Integration
Payments
A/R Management
Accounting-as-a-Service
Industry
Ecommerce
Media & Entertainment
Mobility
Telecommunications
Manufacturing
Market
Europe
North America
Comprehenisve billing and A/R automation with full Accounting as a Service
Riverty empowers fast-growing businesses to manage complex accounting tasks with full-service A/R management, exception handling, reconciliation, and legal debt collection when needed. By combining keylight’s advanced business logic for commerce and billing with Riverty’s Accounting as a Service (AaaS), businesses can automate routine tasks, reduce reliance on manual processes, cut expenses, and drive business efficiency.
Key benefits
Automate 99% of reconciliation and A/R management, with experts handling the final 1%.
Payment reconciliation
Ensure open items are paid, refunds processed, and chargebacks recorded. Reconcile payment settlements from various providers with your bank account, making sure provider fees are accurately deducted.
Month-end closing
Provide a comprehensive month-end close, delivered via API, SAP iDOC, SFTP server, or email.
Dunning
& legal debt collection
Manage the entire dunning process, from charging fees and sending digital reminders to issuing final notices, with customizable text styles, languages, and parameters for different customer groups.
Full-service
exception handling
Automate 99% of manual accounting, with experts handling the rest and overseeing process control.
Collect outstanding receivables
Use market-specific communication channels such as letters, emails, phone calls, SMS, WhatsApp, or keylight customer portals, giving customers flexible options to resolve outstanding payments.
Certifications
Trust the platform and service quality demonstrated through certifications such as ISAE-3402 Type II, ISO-27001, and ISO-9001.
Learn more about keylight and Riverty's partnership
AaaS, or Accounting as a Service, is a comprehensive solution designed to automate and streamline major accounting functions, from reconciliation to accounts receivable management.
Riverty automation
AaaS automates data entry, reconciles transactions, and manages financial records with high accuracy and minimal human intervention, significantly reducing the time and effort required for manual accounting tasks.
Expert services
Riverty's AaaS offering also includes a team of experienced accountants responsible for ongoing monitoring and exception handling.
Riverty AaaS customers can access the Riverty portal for real-time insights into all financial transactions. Accounting specialists are available through the portal for case-by-case support, with a dedicated Key Account Team for eligible businesses.
keylight’s platform starts with commerce channels, customer journeys, and automating complex billing logic and payment triggers, ending with billing document generation. It then sends invoice and payment status data to Riverty’s platform for A/R management and full Accounting as a Service, or directly to the ERP, where Riverty’s full service begins.
Riverty’s AaaS is built with flexibility in mind, offering robust API integration capabilities that seamlessly connect with a wide range of existing financial systems, including ERP software, banking platforms, payment service providers, and your existing keylight integrations. This ensures that AaaS works harmoniously within your current infrastructure, enhancing data consistency and reducing implementation efforts.