Surecomp announces that EP Resources, a global leader in energy and commodities trading, has selected its RIVO solution to automate and enhance its documentary trade finance process. This strategic partnership underscores EP Resources’ commitment to leveraging cutting-edge technology to drive operational excellence and streamline risk management.
In today’s dynamic trading environment, the efficient management of trade and supply chain finance is critical for ensuring smooth operations and maintaining financial agility. By implementing RIVO™, Swiss-based EP Resources will benefit from a fully automated, cloud-based solution designed to optimise liquidity and centralise the entire lifecycle of processing trade documents – from issuance and amendment to cancellation.
Surecomp’s RIVO™ is renowned for its user-friendly interface, robust integration capabilities, and advanced analytics, making it the ideal choice for organisations like EP Resources that require scalable and reliable tools to manage complex trade credit portfolios. With RIVO™, EP Resources will significantly reduce manual processes, mitigate risks associated with errors and delays, and gain real-time visibility into their workflows.
“The decision to implement RIVO comes after a comprehensive evaluation of the market, recognising both Surecomp’s trade finance expertise and its innovative approach to automating and simplifying financial workflows,” explains Paul Deelstra, Head of Trade Finance for EP Resources. “A strategic decision to enhance our operational efficiency and improve our risk management framework, we are now able to streamline our trade finance management, enabling us to focus on our core business objectives and drive growth in an increasingly competitive market.”
“We are delighted to partner with EP Resources in their digital transformation journey,” said Tal Weiser, Chief Revenue Officer of Surecomp. “RIVO is designed to empower companies with greater control and efficiency in managing trade and working capital, and we are confident that EP Resources will experience substantial improvements in their operational processes and risk management capabilities.”
