BURLINGTON, Mass. — Ontario Systems, a
leading provider of enterprise workflow automation software built to accelerate
revenue recovery and remove friction from the payments process for clients in
the accounts receivable management (ARM), healthcare, and government markets
announced the company will change its name to Finvi (pronounced fin · vī) and update
its corporate logo.
“We believe that our name change reflects a
unique opportunity to build brand awareness around our solutions and
competitive offerings,” said Tim O’Brien, CEO of Finvi. “Since my arrival, we
have integrated a number of acquisitions, refreshed our product roadmaps to
better represent the voice of our customer, and worked diligently to become a
product-led organization. Throughout that journey, the Finvi brand emerged as a
true symbol of those efforts and we’re ecstatic to see it come to life in the
market.”
For over 40 years, Ontario, now Finvi, has been the receivables
industry’s most dependable collection platform. Executing upon a series of
strategic growth opportunities throughout 2020 and 2021, it most recently
expanded its substantial collections workflow footprint into the $2.5B+
first-party collections market segment – making it one of the few technology
companies to serve both first- and third-party collections at scale across
multiple verticals. “Across markets, organizations with outstanding receivables of
all types are looking for a partner that anticipates their needs and drives
business results,” continued O’Brien. “We look forward to continuing to serve
these markets with the same level of dedication and diligence that we always
have, but with a refreshed vision under the Finvi banner.” With an eye towards driving increased payments for its
customers, Finvi prioritizes a human-centric platform that balances consumer
preferences and business needs throughout the repayment journey. Moving
forward, Finvi will continue to deploy intelligent approaches that expand upon
the value brought to customers with cutting-edge solutions grounded in deep
industry expertise.
About Finvi
Formerly Ontario Systems, Finvi is
a premier provider of enterprise technologies that streamline and accelerate
revenue recovery for clients across healthcare, government, accounts receivable
management, and financial institutions. Through process automation and modern,
compliance-minded communication and payment tools, Finvi allows its client
partners to generate more revenue at reduced cost and fulfill their stated
business outcomes by effectively engaging those who pay.
