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Public Sector
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Governments provide a wide range of essential
services to their citizens. They must manage a
large portfolio of physical assets and
infrastructure to a service level that will meet
people’s needs within their budget constraints.
As asset managers, governments need to deliver
services with optimum performance,
predictability and with credibility. They must
do so with acceptable risks, reasonable
reliability and in compliance with environmental
concerns. The public sector has to take the long
view on asset management and this means focusing
on sustainability. To achieve sustainability,
asset owners need to focus on understanding and
managing lifecycle costs associated to type of
asset. They need to make sure they get the best
performance, in terms of service levels and risk
reduction, for their investment in maintaining
and replacing assets.
Riva
helps governments meet their strategic asset
management objectives, from small municipalities
to large regions. It provides planners and asset
managers with knowledge and confidence in the
state of their assets, so they can predict
future capital requirements to continue meeting
their target service levels.
As the environment, objectives, best practices
and budgets of governments vary so widely, Riva
adapts to each organization’s specific needs and
captures these rules in transparent, documented
manner in the solution. It provides planners and
asset managers complete visibility across all
asset types, with no exception, so they can
develop prioritized yearly capital plans and an
accurate forecast of long-term spending
requirements.
Essential to delivering on our promise of a
“living capital plan”, seamlessly integrates
with other corporate systems, including most
widely used GIS, work management and ERP
systems. This allows Riva to provide a holistic
view of the asset portfolio, no matter what the
system of record for an organization’s assets
is. By pulling together all these disparate
sources, Riva gives asset managers the ability
to identify synergies between asset types and
prioritize according to the desired service or
risk levels across all assets.
From
asset registry, to decision support, capital
projects planning, asset depreciation and
enterprise integration, Riva provides a complete
enterprise asset planning and management
solution that adapts to your administrative and
business processes. Riva presently provides
lifecycle costing and capital planning for over
$150B of physical assets and infrastructure for
over 20 government organizations around the
world.
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Solutions
Webinars
PSAB 3150: A Path to Eliminate Spreadsheet Dependency
Webinar
PSAB 3150:
State of the Nation
How Are Municipalities Coping?
Webinar
Public Sector Software
Riva DS - Decision Support, is the world leader in integrated enterprise long range planning and maintenance management for infrastructure assets.
Riva AD - Municipal and other governmental organizations are required to report on the value of their tangible capital assets, per PSAB 3150 requirements.
Riva CP (enterprise)
CP, Capital Projects, automates the process of tracking capital projects from evaluation through construction.
Riva AR (enterprise)
AR, Asset Registry, is a powerful solution to the problem of collecting data and compiling it into a useful and standardized electronic format.
Riva EI (enterprise)
EI, Enterprise Inventory, is the integrated solution to sharing and manipulating the information stored in incompatible database and financial systems.
Riva GASB (enterprise)
GASB satisfies the requirements and reporting guidelines for GASB 34.
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