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Datacert partners with TrustWeaver to enable corporate legal departments to achieve compliance with European VAT requirements for their global e-billing initiatives
HOUSTON, Sept. 17, 2009 - Datacert, Inc., the leading global provider of legal operations management solutions, today announced a new partnership with TrustWeaver, the leading digital signature broker in Europe, making Datacert the first and only legal operations management vendor to provide digital signature support for clients wishing to receive electronic invoices in Europe, enabling them to achieve compliance with local value added tax (VAT) regulations.
Use of digital signatures is the latest enhancement to Datacert's legal spend management solution, which includes comprehensive VAT compliance support that addresses the requirements of all e-billing aspects of the European Union (EU) VAT Directive, including an electronic invoice's content, transmission, and storage/archiving. Datacert is the only provider in the legal operations management market to offer a comprehensive VAT solution for the EU.
Datacert solutions are already certified as complying with the EU's standards for an electronic data interchange (EDI) system. This new digital signature capability provides clients with an additional method for ensuring the authenticity, integrity, and non-repudiation of electronic invoices, as required by European VAT regulations.
"Our integrated digital signature support provides an end-to-end solution that meets the needs of our corporate clients, their outside counsel firms and vendors, as well as independent VAT audit authorities," said Mark Poag, general counsel and senior vice president, marketing, Datacert. "With support for digital signatures as well as EDI, Datacert customers have maximum flexibility to fulfill European VAT regulations in the way that best meets their unique needs."
Clients operating in key jurisdictions in the Middle East, Africa, and Asia-Pacific also have the option to require some or all of their outside counsel firms and legal vendors to embed a digital signature in an invoice in order to meet local tax regulations or their own internal security policies.
For more information, please contact Datacert at 800-780-3681 or e-mail emeasales@datacert.com (international inquiries) or nasales@datacert.com (North American inquiries).
About Datacert, Inc.
Datacert is the leading global provider of software and services for the legal industry.
Offerings include its technology platform, Passport, and legal and IP spend and matter management
software and services. Clients look to Datacert solutions to strategically manage their
departments, reduce legal costs, and optimize operational efficiencies. Datacert has law firm, vendor, and agent connections in
more than 150 countries and its customers include
71 Fortune® 500 corporations,
53 Global Fortune® 500
corporations, and 100% of the AmLaw 200. Visit
www.datacert.com for more information and follow us on Twitter for real-time updates
http://twitter.com/Datacert.
About TrustWeaver
TrustWeaver, a privately held, venture-funded company headquartered in Stockholm, Sweden, provides tools that facilitate the compliance and audit ability of e-invoicing business documents and processes through innovative electronic signature-based solutions. These solutions are targeted towards companies on both the supply and buy sides that have e-invoicing processes that must comply with local regulatory requirements. TrustWeaver delivers unique solutions that integrate legal, technical, and process aspects, leveraging the vast experience of a multi-disciplinary team, including some of Europe's most experienced e-business and e-invoicing lawyers. For more information, visit www.trustweaver.com.
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