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Today, Bitwave is thrilled to announce a ground-breaking strategic alliance with RSM, a global leader in assurance, tax, and consulting services. This alliance is set to revolutionize financial compliance for middle-market businesses with optimized digital asset operations, comprehensive compliance assurance, and streamlined risk mitigation.
The Power of Collaboration
This alliance harnesses Bitwave's advanced software, automating data flow from over 70 blockchains and Decentralized Finance (DeFi) ecosystems into ERP systems like Oracle NetSuite and Sage Intacct. Coupled with RSM's extensive network of experienced professionals, we are set to provide comprehensive advisory and managed services.
“Empowering businesses with workflow and process expertise”
Jay Schulman, Principal and Innovation leader at RSM, highlights the complexities in digital asset accounting: "Both accounting for digital assets and recording them on your general ledger natively are incredibly challenging. Our clients are looking for a way to seamlessly report on their digital assets inside their ERP much like they do with cash or other assets. I'm excited about integrating Bitwave into our solution stack to make this a reality for our clients."
Amy Kalnoki, Bitwave's Co-Founder and COO, echoes the enthusiasm: "At Bitwave, we're incredibly excited to partner with RSM - their deep industry expertise, commitment to innovation, and optimistic vision for the future of digital assets resonate strongly with our core values. Together, we're committed to empowering businesses with workflow and process expertise; while simplifying digital asset complexities and accelerating tangible results."
A Commitment to Excellence
RSM will offer and deploy our technology, reinforcing its commitment to personalized service. Our collaboration addresses the regulatory uncertainties and compliance challenges in the blockchain realm, prioritizing security and transparency. We ensure adherence to the highest security protocols, including SOC 1 & 2 (T2) report capabilities, making transaction reporting data effortlessly auditable with today’s global standards like IFRS, GAAP, and FASB.
Looking Ahead
Our alliance marks a commitment to empowering the middle market with the tools and abilities necessary for navigating the complex digital asset landscape. Stay tuned for more developments in this exciting journey!
For more about Bitwave and RSM, visit our websites at Bitwave and RSM.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
