Security, Standards and Compliance
Security and compliance are critical to any EIPP project. Every e-document sent using the Accountis system is protected with the latest technology.
SecurityIntegration with Trust schemes such as Identrus and full use of PKI allowing the use of Digital certificates either on Smart Cards or Hardware Security Modules. Role and user based permissions ensuring segregation of functions and responsibilities across the enterprise.StandardsAccountis is at the forefront of standards development as a sponsor member of OASIS and the Accountis system is compatible with all the major business-to-business communication protocols such as XML, UBL, ebXMLand vendor specific formats for exchanging documents.ComplianceThe Accountis system is compliant with the EU VAT Directive (2001/115/EC) ensuring no issues for companies sending and receiving invoices across the European Union. The Accountis system can also play a role in the requirements of Sarbanes Oxley 404 compliance by providing with a full audit trail of all system transactions and moving away from paper based documents and processes. |
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ARTICLE NOTE: Trading Confusion: The Current State of E-Invoicing in Europe
- "Companies who send electronic invoices in Europe may find it difficult to keep track of local VAT legislation. This may result in e-invoices being classed as non-compliant, and lead to possible penalties such as fines and even imprisonment."
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