CPA.com and Confirmation.com are bringing private company financial information exchange into the 21st century with their new financial clearinghouse solution, RIVIO. The platform validates CPA Firms, and ensures that unaltered financial documents are delivered to key financial stakeholders (CPA Firms, Lenders/Investors, and Private Businesses). This document provides an overview to the RIVIO Clearinghouse, the New Benchmark in financial document exchange.

1. Financial Document
Clearinghouse
Platform Initiative

2. CPA.com PRODUCTS & SERVICES
FIRM CLOUD BASED SOLUTIONS
EDUCATION & RESOURCES
MISSION
Empowering CPAs and Businesses For The Digital Age

3. Tax
WORKFLOW
SALT
FINANCIAL PLANNING
Advisory
VIRTUAL CFO
REAL TIME REPORTING
BUDGETING/FORECASTING
Audit
ELECTRONIC CONFIRMATIONS
FIN STAT CLEARINGHOUSE
AUDIT SOFTWARE
Accounting
VIRTUAL CONTROLLER
CLOUD ACCOUNTING
BILL MANAGEMENT
FIRM TRAINING
IMPLEMENTATION
CONSULTING
LMS PLATFORM
BEST PRACTICES
CASE STUDIES
WHITEPAPERS
COMMUNITY
Supporting The Core Pillars Of The CPA Firm

4. Founded 2000
Provides secure online confirmation services for auditors
All-in-one solution helps minimize fraud and elevate efficiency
Industry Leader and Creator – Creator of the world’s leading provider of
secure electronic audit confirmations used by firms in more than 100
countries.
60+ Types of Confirmations now available
400,000+
Organizations
3,000+
Banks
13,000+
Accounting Firms

5. Why are we working together?
The convergence of both CPA.com and Confirmation.com’s mission statements are
represented in the clearinghouse
RIVIO
Innovation
Validation
Digital
Fraud
Prevention

6. OVERVIEWOF
CLEARINGHOUSE

7. Private Company
Financial Information
MARKET PROBLEMS
• Concerns with users (banks,
private equity) on validity of
documents
• Current delivery processes are
not secure (use of email, paper,
etc.)
• Lack of authentication has
supported fraud
• Highly inefficient process for
sharing important data

8. • Not Secure
• Not Verified
• 20th Century
EMAIL and PRINT
EMAIL and PRINT
PRIVATE COMPANY FINANCIAL STATEMENT EXCHANGE
TODAY
Bank & Private Equity
Business Firm

9. RIVIO
RIVIO, a service of CPA.com in partnership with
Confirmation.com, is an financial document
clearinghouse that enables private businesses to
exchange authenticated, key financial documents
with their investors, lenders and stakeholders; as
well as, retrieve information from their CPA firm(s),
ensuring data is submitted from a validated source.
9

10. 3 UNIQUE USER TYPES, 1 FINANCIAL CLEARINGHOUSE PLATFORM
CPA FIRMS
Delivery through the financial
clearinghouse eliminates the ability
for fraudulent use of the firm signature
and unauthorized alterations of firm
generated financial reports.
PRIVATE BUSINESSES
Private businesses can now securely
collect and distribute financial
information from a single source,
RIVIO.
INVESTORS & LENDERS
RIVIO mitigates the risk of using
fraudulent documents used to
approve loans through validating the
source of the files.
Repository of Intelligent Validated Inputs and Outputs

11. CLEARINGHOUSE
CPA FIRM
VALIDATION
CPA FIRM
CLIENT
RECIPIENTS
Financial Statements
Others Financial
Documents
FINANCIAL DOCUMENT CLEARINGHOUSE SOLUTION
Private Business
Not for Profit
Other
Banks
Investors
Other Users

12. Protects the Firm
Privity Defense
• Recipient remains
unknown to firm
• Eliminates 3rd party
confirmations
CPA Firm Benefits
Intelligent
Managementof
Firm Reports
• Ability to recall
reports
• Ability to restrict
distribution of
reports
• Document
retention settings
Vehicle to
Educate Banks
• Requests by
banks for
solvency letters
• Firm Services
• Document types
on dropdown
Protects Firm
Name and
Reputation
• Firm maintains
control of report
• Ends era of
forged reports

13. Navigate Complex
Vertical Industry
Requirements
• K1 Distribution
• Financial Services
• Healthcare
• Internal Controls (ex:
SOC)
• Investor backed
companies
• Employee Benefit
Plans
Additional CPA Firm Benefits
Service
Differentiation
• Efficient & Centralized
Distribution
• Provides banks with
confidence
• Redefines and
distinguishes firm’s
delivery of documents
Effortless Compliance
• Dodd Frank Custody
Rule
• HIPAA
• Other

14. Centralized
Distribution
• Effortless
distribution to any
third parties
• Forward/fulfill a
request from
lender/investors
• Status tracking of
projects
Private Business Benefits
Trusted Source
• Protects your
privacy &
maintains the
security of your
financial records
• Assurance that
documents were
provided by your
CPA firm in good
standing
Electronic
Document
Repository
• All financial
document
exchange in one
platform
• Hosted,
maintained,
backed up
Seamless
Communication
• Single vehicle of
communication
with both CPAs
and 3rd Parties
• Simple, easy to
use, user interface
• 24/7 access to
collaborate with 3rd
parties for
document
exchange

15. Fraud Prevention
• Validates CPA Firm
licensure
• Verifies original
source of
documents
• Authenticates
documents as
unaltered
Lender and Investor Benefits
Efficient Workflow
Exchange
• Single repository
for all CPA Firm
provided
documents
• Seamless
process to
request client
documents
• Status tracking
Intelligent
Communication
• Instant
notification of a
withdrawn report
• Alert when
financial
statements are
available to view
• Bi-directional
communication
with clients
• Differentiate your
institution’s loan
application process
• Meet client
expectations of a
modern, digital
approach
• Timely responses
related to client
communications
Technology
First Approach

16. Existing Portals vs RIVIO Platform
Firm Portals
• Designed for CPA firm to client
communication
• Limited system controls governing
document and file exchange
• Client may not have ability to
release documents to third parties
• Does not validate users
Bank Portals
• Designed for bank to client
communications
• Limited system controls governing
document and file exchange
• Potential to create bottle necks in
workflow situations.
• Does not validate source of client
provided financial documents
Financial Document
Clearinghouse
• Designed for 3 distinct user
groups with features relevant to
each
• Sophisticated controls regarding
document exchange (ability to
recall, limit access, etc.)
• Master console capabilities to
facilitate sharing of documents
• Validates and authenticates the
CPA firm as the source and
ensures unaltered documents are
provided to 3rd parties
• Highest level of security
• Real-time, collaborative
communication

17. RIVIO.com