RIA Advisory is now a Verified Vendor for US Federal Contracts

The US Federal government spent $4.11 Trillion in 2018 on a wide range of products and services, ranging from paper clips to cloud services.  RIA Advisory is pleased to announce that we are now a Verified Vendor for US Federal contracts.  This includes registration with System for Award Management (SAM), which is used by the General Services Administration (GSA) to maintain a registry of verified vendors who are compliant with all requirements for US Federal contracting.  Only Verified Vendors are eligible to sign contracts with the US Federal Government military and civilian agencies.

RIA Advisory is an Oracle Gold Partner, and the largest implementer of Oracle Revenue Management and Billing (ORMB).  Oracle and RIA Advisory have partnered to bring an end-to-end solution to Public Sector agencies that manage self-assessed taxes, property taxes, regulatory fees, grants, subsidies, and other revenue types, including agencies such as the SEC, IRS, EPA, NRC, FEMA, DoD, and others.

RIA Advisory is pleased to offer ORMB as managed cloud service that can run on all major cloud service providers.  This includes Oracle, AWS, and Azure, who all offer FedRAMP Certified cloud infrastructure (IaaS, PaaS) service at the High Impact level.  The Federal Risk and Authorization Management Program (FedRAMP) is the GSA’s rigorous certification program to assure that federal agencies can adopt secure cloud services.

RIA Advisory’s solution for Public Sector offers:

Easy upgrade and maintenance: Designed as a true commercial off-the-shelf (COTS) package, the solution is easily upgradable with the configuration in place, eliminating the redundancy that is often associated with public sector platforms.

Modern and intuitive user experience: To simplify user adoption and solution deployment.

End-to-end business processes: The solution addresses the core tax and revenue administration requirements spanning from taxpayer registration to tax forms submission. These include tax assessment and billing to payment, approvals to refunds, automated penalty and interest with collections processing, and integrated citizen and taxpayer self-service.

Sub-ledger accounting: The solution achieves GAAP compliance through double-entry accounting. The solution offers easy integration into financial General Ledger systems.

Integration-friendly: Built on ORMB’s integration standards and leveraging a micro-services portal architecture, the solution fits seamlessly into any technology eco-system.

Read Oracle’s Blog on our solution for Public Sector here