Mission Rock Residential Selects Reval for Cash Management

New York – June 16, 2016 – Denver-based Mission Rock Residential, LLC, a leader in multi-family housing, has selected Reval CORE, Reval’s treasury management system for mid-market companies, configured from the Reval Cloud Platform. Mission Rock will use Reval to standardize its cash management, payments and liquidity planning operations.

As Mission Rock continues to grow, we need to be able to evolve our treasury operations to support the business,” says Savannah Wheeler, Director of Finance at Mission Rock. “We wanted to find both a robust treasury management system that could address our needs now, and a strong partner that could address future needs as our company continues to grow. Through our conversations with other customers and early work on the implementation, we feel confident that we have hit the mark on both fronts.”

Mission Rock will be transitioning its operations off spreadsheets to automate the management of cash, liquidity planning and payments. Reval will be leveraged to increase automation across all of these functions and to introduce process workflow and controls, configured to the specific needs of the Mission Rock team.

“Mission Rock had a clear vision for what they wanted to achieve with this project,” says John Mitchell, Executive Vice President, Global Sales at Reval. “Through a collaborative engagement, we partnered to define how their goals would be achieved. We are excited to add them to our growing community of users.”

 

About Mission Rock Residential

Mission Rock was formed in August 2012 after months of strategic planning and a collaborative effort from key executives. The team, comprised of professionals with many decades of experience from some of the top property management companies in the nation, assembled the “best practices” from their experiences to produce a transition plan that is detailed and comprehensive. Currently managing over 20,000 units in its portfolio, Mission Rock provides the market knowledge, senior management experience, performance, core competencies, and reporting capabilities to make a property successful. For additional information, visit www.missionrockresidential.com.

About Reval

Reval is a global SaaS provider for Treasury and Risk Management, helping enterprises better manage cash, liquidity and financial risk, and account for and report on complex financial instruments and hedging activities.

For more information, visit www.reval.com or email info@reval.com.

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