Renovo Partners with Acumatica to Provide Enhanced Financial Reporting Solutions

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Partnership will build on each company’s cloud based product strengths.

Renovo Corporation, provider of leading financial reporting solutions, has joined forces with Acumatica to offer advanced financial reporting solutions. The company presented its financial reporting suite at Acumatica's 2013 Partner Summit, August 19-23, at the Lansdowne Resort in Leesburg, VA and showcased the release of Cloudfyi, a cloud-based financial report writer designed to augment Acumatica's cloud ERP suite.

"We enjoyed meeting Acumatica's Value Added Reseller (VAR) Partners at the Summit and introducing them to our products,” said Renovo President, Maureen Okerstrom. "Our senior management team has more than 75 years of experience in enterprise resource planning, finance and accounting, and information technology, so we really understand their clients' point of view and have designed advanced reporting functions that complement Acumatica's offerings. "

Renovo's recent addition of Cloudfyi, the SaaS version of Renovofyi, provided an ideal opportunity to partner with Acumatica, the fastest-growing global provider of cloud-based ERP solutions to small and medium-sized businesses (SMBs). Cloud deployments particularly benefit the SMB market by reducing capital outlays through subscription models as well as lowering IT and operating costs by shifting installation, maintenance, and hardware requirements away from local business environments to the cloud.

"Renovo is a valuable addition to our solution provider network and we're looking forward to working with them," said Christian Lindberg, VP of Acumatica Partners & Solutions. "We’re perfectly positioned to take advantage of the surging interest in cloud applications, and with Renovo's integration, we can offer our resellers a range of reporting options that target their customers’ needs."

The relationship with Acumatica contributes to Renovo's rapidly growing roster of partners. The company has more than doubled the number of partnerships in its program during the past year and is on target to meet channel expansion goals for partners in 2013.

About Renovo Corporation
Renovo Corporation provides financial reporting solutions that streamline the design, compilation, and distribution of financial information. Solutions include: Renovofyi, a financial report writer, Cloudfyi, a SaaS reporting solution, Currencyfyi, a currency translator, and Connectfyi, a flexible general ledger integration tool. Deployed on premises or in the cloud, Renovo's web-based software offers secure, on demand access to financial reports anytime, anywhere in the world, empowering decision makers with the financial intelligence needed to make sound business decisions. Thousands of users in national and multinational corporations around the globe utilize Renovo solutions to increase productivity and effectively manage their businesses. For more information, please visit http://www.renovofyi.com.

About Acumatica
Founded in 2007, Acumatica (http://www.acumatica.com) is the fastest-growing provider of customizable, cloud-based ERP applications for small and midsized businesses, offering financial management, distribution, CRM, and project accounting suites. Acumatica Studio, the company’s technology development platform, gives ISVs and OEMs a rapid, cost-effective means of developing and integrating cloud-based apps using industry-standard tools. A Red Herring Top 100 Global Tech Company, Acumatica has quickly gained a solid reputation for its flexible platform and innovative licensing practices. Headquartered in Kirkland, WA, Acumatica maintains offices in Washington DC, Moscow, and Singapore.

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Raleigh Susskind
Renovo Corporation
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