Rivermine Acquires MBG Expense Management

Rivermine, a provider of automated telecom expense management (TEM) solutions, has announced the completed acquisition of MBG Expense Management. MBG is a TEM provider with 60 percent of its customer base in the Fortune 500. Rivermine’s acquisition of MBG enables the company to further enhance its technology and services with MBG’s 20-plus years of TEM […]

Rivermine Appoints Drapeau to Board

Rivermine, a provider of automated telecom expense management (TEM) solutions, announced that former MRO Software president and CEO, Chip Drapeau, has joined its board of directors. Drapeau brings more than 25 years of technology leadership experience to Rivermine. In 1982, he joined MRO Software, an enterprise asset management company, and held a variety of management […]

Rivermine Secures $5 Million in Funding

TEM provider Rivermine announced it has received $5 million in funding led by SoftBank Capital, with participation from existing investors Valhalla Partners, Longworth Venture Partners and Columbia Capital. The funding round comes on the heels of a record 110 percent year-to-year sales increase in 2008. This is the third consecutive year of record growth with […]

Rivermine Upgrades TEM Platform, Debuts Managed Services Packages

Rivermine announced Rivermine 6.0, the next version of its wireline and wireless device expense management software platform, which automates procurement and order management, invoice processing and auditing, inventory management, dispute management and reporting/analytics. Rivermine 6.0 offers rapid deployment capabilities, TEM Atlas graphical network mapping tool, global support and a new Web user interface that can be […]

Rivermine Goes Postal, Awarded Telecom Expense Management Contract

Telecom expense management (TEM) provider Rivermine just got mail. The U.S. Postal Service has awarded Rivermine a contract to deploy TEM solutions for its entire data network nationwide, automating the U.S. Postal Service’s existing telecom expense management processes. The Rivermine solution will be used to help maintain a data network connecting approximately 400 distribution outlets and 37,000 […]

Air Apparent: Could Wireless Be TEM’s Crown Jewel?

You just can’t survive without it. This is what telecom expense management practitioners will say about including wireless expense management along with their wireline offerings. Why would a company work with a TEM provider that only had wireline management tools? Even if the company doesn’t yet need the wireless component, they most likely will some […]

An Advocate for Wireless TEM

Tim Wise and Scott Fogle co-founded Advocate Networks seven years ago as a telecom agency, but today count wireless telecom expense management as the fastest-growing segment of their business. These two Eagle Scouts launched the carrier services agency in July 2001, but realized a couple of months into it that the time-to-revenue was longer than […]

Rivermine and BBR Wireless Management Announce Merger

TEM provider Rivermine announced a merger with BBR Wireless Management. The companies said they merged to meet ongoing, high demand for unified wireline and wireless expense management solutions from global customers and channel partners. Coming together under the Rivermine name, the combined entity will have an installed base of more than 225 companies. “End-user organizations […]

Rivermine Announces Verizon Business eBonding

TEM solution provider Rivermine said it has Verizon Business eBonding capabilities, allowing the companys Fortune 1000 and government customers to communicate securely and automatically with Verizon Business. Rivermine said it is the first TEM provider to offer eBonding capabilities, which provide an electronic interface between Rivermines TEM software and Verizon Business back-office systems for ordering […]

Rivermine Unveils New TEM Platform

Telecom expense management platform provider Rivermine has released its Rivermine 5.0. The release debuts the Rivermine Clarity Decision Engine, which enables organizations to analyze data to make network migration and rate plan decisions as well as benchmark key performance areas, the company said. Other new features include international currency support and enhanced wireless management capabilities. […]

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