How Riverton Foods reduced procurement delays by 42% and gained full supplier cost visibility with Vectura

Consumer Goods

How Riverton Foods reduced procurement delays by 42% and gained full supplier cost visibility with Vectura

$3.1M

Annual supplier spend managed in real time

42%

Reduction in procurement cycle delays

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Strategically positioned at the intersection of India's first High-Speed Rail corridor, conventional rail, metro connectivity, BRTS, road networks, and regional transportation infrastructure.

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.

location

Consumer Goods

THOTH'S ROLE

5,000 – 10,000 employees

Founded

1978

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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Before Vectura, Riverton’s finance team relied on a patchwork of spreadsheets and outdated ERP modules.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.

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

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“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