Latest news with #thirdPartySupport
National Post
09-07-2025
- Business
- National Post
Rimini Street to Report Second Quarter 2025 Financial Results on July 31, 2025
Article content LAS VEGAS — Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it will report earnings after market close on July 31, 2025. The company will host a conference call and webcast on that date to discuss the second quarter 2025 results and the 2025 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. Article content A live webcast of the event will be available on Rimini Street's Investor Relations site via the Rimini Street IR events link and directly via the webcast link. Dial-in participants can access the conference by dialing 1-800-836-8184. Article content Article content A replay of the webcast will be available for one year following the event. Article content About Rimini Street, Inc. Article content Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software. The Company offers a comprehensive portfolio of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software. The Company has signed thousands of contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who selected Rimini Street as their trusted, proven mission-critical enterprise software solutions provider and achieved better operational outcomes, realized billions of US dollars in savings and funded AI and other innovation investments. To learn more, please visit and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. (IR-RMNI) Article content © 2025 Rimini Street, Inc. All rights reserved. 'Rimini Street' is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein. Article content Article content Article content Article content Article content Contacts Article content Article content Dean Pohl Article content Article content Rimini Street, Inc. Article content Article content Article content Article content Article content Rimini Street, Inc. Article content Article content Article content
Globe and Mail
01-07-2025
- Business
- Globe and Mail
IBN Technologies' Outsourced Accounts Receivable Services Optimize Lease Invoicing for USA Property Firms
"Outsourced Accounts Receivable Services [USA]" Oregon property managers are enhancing lease billing workflows by adopting outsourced accounts receivable services. With rising operational costs and complex tenant agreements, firms are moving to external AR support for streamlined invoicing, escalated term tracking, and accurate prorated charges. Backed by structured receivables frameworks, these services help reduce missed charges and maintain steady rental income. Miami, Florida, 01 July 2025 Property management firms are refining their lease invoicing procedures by transitioning critical receivables functions to specialized partners. In a landscape of commercial tenant agreements, multi-location rentals, and staggered payment schedules, outsourced accounts receivable services are helping companies ensure billing consistency without straining internal teams. Automated billing cycles, variable term management, and prorated charge coordination are now integrated into more responsive receivables frameworks. By embracing third-party oversight, firms gain the ability to optimize AR across seasonal occupancy shifts and long-term contract management. These systems also allow for quick adjustments based on escalations or term renewals—without impacting day-to-day leasing operations. As leasing portfolios grow in complexity, many property firms are anchoring their financial administration to dependable external support models to reinforce tenant trust and maintain predictable income streams. Invoicing Cycles Remain Unstable With inflation pushing up maintenance, insurance, and service fees, property management firms are under pressure to keep tenant billing accurate and on time. Lease escalation terms, shared utility charges, and contract renewals add complexity to monthly invoicing. • Missed charges cause revenue leakage in multi-unit setups • Manual lease terms delay recurring invoices • No real-time visibility into overdue accounts • Occupancy changes are poorly reflected in billing • Teams struggle to manage diverse lease structures As portfolios grow, outsourcing receivables becomes a strategic step. IBN Technologies offers outsourced accounts receivable services designed for property invoicing, helping landlords maintain billing accuracy and optimize AR without overstretching internal teams. Lease Invoicing Moves to Experts Property firms are rethinking monthly billing workflows to stay ahead of rising operational costs and tenant diversification. With escalating lease terms and custom charges, outsourcing accounts receivable is becoming the standard for property finance teams. ✅ Lease invoicing standardized across multi-unit and commercial properties ✅ Escalation clauses tracked accurately in recurring AR workflows ✅ Prorated charges and shared expenses billed seamlessly ✅ Tenant balances monitored through structured receivables tracking ✅ Move-in/move-out billing adjustments handled by external teams ✅ Collections oversight done professionally across occupancy types ✅ Portfolio-wide invoice reporting aligned with owner expectations From large metro markets to mixed-use zones across the USA, firms are adopting outsourced accounts receivable services in Oregon delivered by leaders like IBN Technologies. These services ensure accuracy, reduce missed charges, and streamline tenant billing—making outsourcing a sound financial step. Oregon Property Managers Simplify Lease Billing Property firms in Illinois are embracing outsourced receivables to keep pace with changing occupancy terms and fee structures. Streamlined invoicing systems are helping firms bill tenants on time and with fewer adjustments. ✔️ Recurring lease billing accuracy improves by 29%, reducing delays ✔️ Missed charges fall 24%, improving net income consistency ✔️ Admin teams reclaim 13 hours weekly for lease management ✔️ Move-in/out charges better integrated into billing cycles ✔️ Detailed statements support tenant and investor communication Oregon-based property groups are improving billing precision and oversight. IBN Technologies delivers dedicated outsourced accounts receivable services tailored to the needs of commercial and residential portfolios. Property Firms Upgrade Invoicing Models Property management companies are moving away from traditional lease tracking as they expand portfolios and tenant categories. Billing delays, unbilled charges, and unclear payment terms often emerge in manual systems, which can impact occupancy rates and monthly cash flows. By turning to outsourced accounts receivable services, real estate firms gain access to accurate invoicing, consistent follow-ups, and full transparency across their rental income streams. Whether managing commercial spaces or residential units, this support ensures rent, service charges, and renewals are billed and collected without gaps. In today's property environment, financial structure must match operational scale. A reliable AR process helps managers handle complex lease terms, shared utilities, and custom agreements with consistency. As outsourcing eliminates manual reconciliation and delayed notices, firms experience smoother cash cycles and fewer disputes with tenants. This evolution in billing allows property teams to focus on occupancy strategies, service enhancements, and expansion goals—while maintaining the financial discipline needed to thrive in competitive real estate markets. Related Service: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth.
National Post
04-06-2025
- Business
- National Post
Spinnaker Support Delivers Global Double-Digit Growth Fueled by Enterprise Scrutiny of Traditional Vendor Relationships
Article content Article content -Oracle, SAP and VMware third-party software support specialist gives enterprises time and options to consider their digital strategy- Article content Article content -Spinnaker adds global enterprises to growing client roster including BT, Telefónica Germany and more- Article content -SAP, Oracle and VMWare vendor support divisions deliver continued growth as enterprises trust Spinnaker to maintain core IT infrastructure- Article content DENVER — Spinnaker Support (Spinnaker), the third-party software support leader entrusted by 1,000+ global clients, today announced that the growing market for reliable, trustworthy and strategic global third-party support has fueled double-digit growth across its business. Spinnaker's support for enterprise SAP, Oracle and VMWare deployments is giving the C-suite valuable breathing room, by avoiding costly vendor lock-in, to make digital transformation decisions to their own timescales, while also securely maintaining legacy systems. Article content Notable recent client wins include BT (Oracle), Telefónica Germany (Oracle/VMware), Madrileña Gas (SAP), Specsavers (Oracle), Bombardier Recreational Products (SAP) and Abercrombie & Fitch (Oracle). Spinnaker's key verticals include manufacturing, utilities, telecommunications, financial services, and banking. Article content Spinnaker's Oracle support reaches new heights Article content Spinnaker's Oracle support continues to grow globally. In March 2025, Spinnaker announced it will be providing support for major telco BT Group's on-premise Oracle applications in use across the Group's technology estate. The engagement spans a wide range of critical Oracle applications and sees Spinnaker providing escalated support on key databases and applications within BT Group. Article content In addition, Spinnaker has also signed Specsavers, Telefónica Germany, and Abercrombie & Fitch for multi-year support contracts. Article content Alternative option for SAP customers being pushed towards RISE Article content On the SAP side of its business, Spinnaker provides organizations with an alternative support option as SAP continues to push customers towards RISE. Article content In February 2025, Spinnaker announced that BRP, a global leader in the world of powersports products, propulsion systems and boats, has selected Spinnaker to provide third-party software support across its SAP applications and technologies. The five-year deal with Spinnaker gives BRP dedicated third-party software support to ensure that SAP Applications and Tech with Global Tax & Regulatory Compliance are maintained across the company's operations in 22 countries. Article content In EMEA, Madrileña Red de Gas, one of Spain's key utility companies, has freed up investment for innovation projects across the organization by outsourcing its entire SAP maintenance support to Spinnaker. With a desire to maintain its current SAP environment but with SAP maintenance costs rising. Article content The last 12 months has also seen Spinnaker expand its service offering in a number of ways: Article content Spinnaker launched its VMware support offering after listening to customer concerns following Broadcom's VMware acquisition Article content In July 2024, Spinnaker launched its VMware support option, in response to market demand for innovative, up-to-date and flexible support offerings. Interest remains high as VMWare customers reject being forced to switch from a perpetual license model to a costly subscription alternative. Advantages of switching to Spinnaker's VMware offering include the avoidance of forced subscription models, maintaining security and compliance requirements. Article content In less than 12 months, Spinnaker's new VMware division has contracted multiple new customers including Telefónica Germany, Quebec Airport and Specsavers. Article content Spinnaker Cloud Managed Services launched: empowering organizations to modernize on their own terms Article content In March 2025, Spinnaker launched Spinnaker Cloud Managed Services – a new offering that allows an organization to actualize its cloud strategy without having to move away from the legacy system(s) their business is built upon. Spinnaker Cloud Managed Services supports Oracle and SAP, environments across both legacy and cloud platforms, delivering a high-touch service with expert management. Article content Partnerships: Channel vendors embrace Spinnaker's offering Article content As Oracle, SAP and VMware customers are being pushed to subscription licensing consultancy, software and licensing partner companies are including Spinnaker Third-Party Software Support to enhance their offerings. New partners include Avanade, SoftwareOne, Preo-Soft, 2Data, joining IBM, Prolicense and other global vendors to enable their customers to take control of their digital future. Article content Security: As security and audit compliance continue to lead to CIO concerns, Spinnaker Shield's holistic approach ensures stability. Article content As the digital world is increasingly under attack from cyber threats, this is causing companies to close ranks and keep their data on-premise, or at the very least hosted in their home country. This is at odds with the major software vendors driving applications onto their cloud platforms. Spinnaker can keep its customers' data secure and optimized on-site and avoid risky migrations and unknown threats. Article content Matt Stava, CEO of Spinnaker Support said: 'The market for third-party software support is growing fast and so is Spinnaker Support. We have seen global brands make the jump and entrust Spinnaker Support with their on-going software support needs. Our personal, consultative and experienced global experts give enterprises the ability and time to move at their own pace, not that of the software vendors support offerings, while realizing significant cost benefits as they decide on their future digital strategies.' Article content Spinnaker offers 'The Ultimate Support Guarantee', an industry-first agreement designed to mitigate any perceived risks associated with switching away from Oracle, SAP or VMware support. Article content Spinnaker Support delivers global, independent third-party software support for Oracle, SAP, and VMware, along with managed services and cloud solutions for Oracle and SAP. Trusted by companies worldwide, including those in highly regulated industries, Spinnaker empowers organizations to take control of their IT strategy. By breaking free from vendor-imposed roadmaps, aligning software management with business objectives, reducing costs, and maximizing ROI, Spinnaker provides customers with the power of choice. With a strategic approach to security, performance, resource allocation, and managed services, Spinnaker Support ensures long-term IT efficiency and success. Article content Article content Article content Article content Article content Article content
National Post
15-05-2025
- Business
- National Post
Rimini Street Announces Upcoming 2025 Investor Conference Schedule
Article content LAS VEGAS — Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Michael L. Perica, chief financial officer, and Dean Pohl, vice president, treasurer and investor relations, will be presenting and meeting with investors one-on-one and in small group meetings at the following conferences: Article content Article content May 28, 2025: Craig-Hallum 22 nd Annual Institutional Investor Conference, Minneapolis Article content To schedule a meeting please contact your salesperson or Rimini Street Investor Relations at IR@ Visit the Rimini Street investor relations site for links to the live and archived presentations. Article content About Rimini Street, Inc. Article content Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software. The Company offers a comprehensive portfolio of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software. The Company has signed thousands of contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who selected Rimini Street as their trusted, proven mission-critical enterprise software solutions provider, achieving better operational outcomes and realizing billions of US dollars in savings used to fund AI and other innovation investments. Article content © 2025 Rimini Street, Inc. All rights reserved. 'Rimini Street' is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein. Article content Article content Article content Article content Article content Contacts Article content Investor Relations Contact Dean Pohl Rimini Street, Inc. +1 925 523-7636 dpohl@ Article content Article content
