Strategy

RidgeWorth Capital Management Selects Bonaire Platform

Devina Shah 20 July 2011

RidgeWorth Capital Management Selects Bonaire Platform

Investment advisory firm RidgeWorth Capital Management, based in Atlanta, Georgia, has chosen Bonaire Software Solutions’ REVPORT platform, a revenue management and fee billing platform.

According to a statement the Bonaire system’s features aim to: lower operating costs and improve efficiency through the replacement of manually intensive billing and receivables and collections processes; centralize fee-based revenue and accounting data within a single, robust repository; through automated reporting tools, empower business-users to address their own reporting requirements, thus reducing the cost and time to deliver; provide a tangible, quantifiable return on investment.

“REVPORT’s ability to integrate to our existing back office systems, provide a comprehensive data repository and deliver a robust tool set with receivables management and collections functionalities were key drivers in our decision,” said John Stebbins, managing director and chief financial officer of RidgeWorth Capital Management.

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