RecVue Provides Customers with a Modern and Automated Order-to-Cash Cloud Solution with Over 40% TCO Savings

PALO ALTO, Calif., June 18, 2020 /PRNewswire/ -- RecVue, Inc., a growing next generation order-to-cash automation platform and a member of Oracle PartnerNetwork (OPN), today announced that its platform has achieved the Oracle PartnerNetwork Build Expertise: Powered by Oracle Cloud, and is now available in the Oracle Cloud Marketplace offering added value to enterprise customers. RecVue on the Oracle Cloud Marketplace delivers a complete unified platform designed specifically for companies looking to modernize their legacy order-to-cash systems and shift to subscription services and recurring revenue business models. RecVue's platform runs on Oracle Cloud Infrastructure and is built to enhance any ERP solution in the areas of order management, subscriptions, recurring billing, revenue recognition, partner compensation, and commissions management.

Powered by Oracle Cloud, RecVue offers customers looking to modernize and automate their order-to-cash systems these additional benefits:

• Over 40% in total cost of ownership (TCO) savings
• On Demand Scalability & Faster Time-to-Value: Oracle Cloud Infrastructure is a highly scalable platform able to support billions of transactions
• Improved Security & SLA: Simplified access controls, monitoring & auditing maximize operational efficiencies with one of the industry's leading SLA's on availability, manageability & performance

The Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications offering unique business solutions, including ones that extend Oracle Cloud Applications. Oracle Cloud is a Generation 2 enterprise cloud that delivers massive, non-variable performance and next generation security across a comprehensive portfolio of services including SaaS, application development, application hosting, and business analytics. Customers get access to leading compute, storage, data management, integration, security, HPC, artificial intelligence (AI), and Blockchain services to augment and modernize their critical workloads. Oracle Cloud runs Oracle Autonomous Database, the industry's first and only self-driving database.

"We continue to take advantage of the world class, scalable big data architecture and cloud platform that Oracle has spent years developing. By adopting Oracle Cloud Infrastructure, we ensure that our implementation cycles are faster, uptime exceeds service level commitments and customers are highly satisfied with their integrated billing, revenue, and partner compensation solutions," said Nishant Nair, Founder and CEO, RecVue. "RecVue's Powered by Oracle Cloud Expertise achievement further extends our commitment to the Oracle community and enables customers to easily reap the benefits of RecVue's order-to-cash automation platform. We look forward to leveraging the performance of Oracle Cloud to help us achieve our business goals."

By taking advantage of modern computing architecture, RecVue offers an enterprise-class monetization platform with the security of Oracle Cloud and the rich functionality of a world-class Software-as-a-Service (SaaS) order-to-cash billing and revenue management platform. RecVue's unified order-to-cash solutions enable flexible deployments for ERP customers.

"The cloud represents a huge opportunity for our partner community," said David Hicks, vice-president, Worldwide ISV Cloud Business Development, Oracle. "RecVue's commitment to innovation with the Oracle Cloud and quality execution helps our mutual customers leverage cloud-enabled finance solutions ready to meet their critical business needs. The synergy between the technology platforms and the applications both Oracle and RecVue deliver to their enterprise customers is critical to the success of this relationship. As a longtime Oracle ISV partner, the RecVue team has come a long way in its product development and optimization of its platform on the Oracle Cloud."

Powered by Oracle Cloud Expertise recognizes OPN members with solutions that run on Oracle Cloud. For partners earning the Powered by Oracle Cloud Expertise, this achievement offers customers confidence that the partner's application is supported by the Oracle Cloud Infrastructure SLA, enabling full access and control over their cloud infrastructure services as well as consistent performance.

About RecVue
RecVue delivers the fastest-growing next generation order-to-cash automation platform designed specifically to address the unique challenges of managing subscription and non-subscription business at scale. Enterprises that strive to compete in today's XaaS landscape need a flexible, industrial-grade monetization solution to manage high transaction volumes of enormous complexity. RecVue's unified, enterprise-ready solution includes data mediation to collect usage transactions, a 360-degree view into the entire contract lifecycle, attribute-based pricing, complete billing-to-invoice capabilities, revenue recognition, partner compensation, and robust analytics and reporting. For more information, visit www.recvue.com.

About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle's partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates.

RecVue Contact
Aimee Caton
Director of Marketing
[email protected]
650-515-1295

SOURCE RecVue, Inc.

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