Rivermine Software

About Rivermine Software

Rivermine, operating under the Tangoe brand, specializes in enterprise expense management with a focus on telecom, mobile, cloud, Internet of Things (IoT), and 5G technologies. The company provides a comprehensive platform that helps businesses order, pay, and track their telecom, mobile, and cloud inventory, programs, and expenses. This platform is designed to enhance operational efficiency, reduce costs, and ensure that clients only pay for what they use and have agreed to. Rivermine serves a diverse range of clients, including nearly half of the Fortune 500 companies, indicating its strong presence in the enterprise market. The business model revolves around offering a unified solution for managing orders, invoices, inventories, and expenses, thereby simplifying the complex processes associated with technology expense management. Rivermine generates revenue through subscription fees for its platform and additional services such as mobile deployment and support, and expense optimization. The company operates in the technology expense management market, which has seen increased demand amid economic uncertainties like the COVID-19 crisis.