Consumer Goods
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4M grams
Initial planned token sale
42%
Reduction in procurement cycle delays
About
Riverton Foods is a multinational food manufacturer producing packaged goods for retail and wholesale distribution. Operating across 18 countries with a diverse portfolio of household brands, Riverton serves millions of consumers daily. The company’s supply chain and finance teams oversee a complex network of suppliers and vendors, managing hundreds of contracts simultaneously.
Industry
Consumer Goods
Company size
5,000 – 10,000 employees
Founded
1978
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“We operate in one of the most competitive industries in the world, where every percentage point of margin matters. With Vectura, we finally have the transparency and speed to manage supplier costs proactively instead of chasing issues after the fact.”
Sarah Donovan
VP of Finance
The Company
A global leader in packaged foods
Riverton Foods has grown from a regional supplier into a national brand with products on millions of shelves. The company prides itself on balancing scale with quality, investing in sustainable sourcing and innovative product lines to meet changing consumer demand.
With a vast vendor network and complex distribution channels, Riverton’s financial operations must run flawlessly to avoid disruptions. Every delay or error in vendor payments risks impacting production schedules and straining supplier relationships.
The challenge
Manual processes created costly bottlenecks
Before Vectura, Riverton’s finance team relied on a patchwork of spreadsheets and outdated ERP modules. Invoice approvals often dragged on for weeks, while discrepancies between procurement and finance records led to frequent disputes with vendors.
Finance managers spent hours reconciling mismatched data across systems, leaving little time for forward-looking analysis. These inefficiencies were more than an annoyance — they drove up costs, hurt supplier trust, and created risk across Riverton’s supply chain.
“We knew we couldn’t keep growing with the level of inefficiency we had. Vendor disputes were becoming a weekly issue, and our team was buried in reconciliations instead of planning. Vectura gave us the control and visibility we needed to finally break that cycle.”
Sarah Donovan
VP of Finance
The Solution
Modern infrastructure for vendor management
Vectura was rolled out across Riverton’s finance department to centralize procurement, approvals, and vendor payments in one unified system. Instead of juggling spreadsheets and siloed ERP modules, finance managers could track spending in real time and resolve discrepancies before they became disputes.
Approval workflows that once stalled for weeks were automated and standardized, giving procurement teams the agility to respond quickly to changing supply needs. Vendor communication also improved, with clearer visibility into invoice status and fewer points of friction.
The Results
Clarity across the supply chain
Within the first year, Riverton gained real-time visibility into more than $3.1M of procurement spend. Vendor invoices that once took weeks to approve are now processed in days, and invoice disputes dropped by 42%.
Finance staff who previously spent afternoons on reconciliation now use that time to model costs, forecast demand, and strengthen supplier relationships. Instead of slowing down operations, finance became an enabler of smoother production and stronger vendor trust.
Key outcomes include:
$3.1M procurement spend tracked with transparency
42% fewer vendor invoice disputes
Faster invoice approvals, reducing delays across supply chain
“Vectura turned finance from a bottleneck into a partner. Today, our suppliers see us as easier to work with, our approvals happen without friction, and our finance team has time to plan for the future instead of fighting fires.”
Daniel Ortega
Chief Financial Officer
