SOURCE: Tradeshift

TRADESHIFT

May 15, 2013 11:00 ET

TRADESHIFT Partners With Invoiceware International to Deliver Compliant E-Invoice Validation in Latin America

SAN FRANCISCO, CA--(Marketwired - May 15, 2013) -  TRADESHIFT, a platform for all your business interactions, is announcing a partnership with Invoiceware International, a provider of Latin America-compliant e-invoicing technology and cloud services.

Guaranteeing compliance, supporting domestic and cross border invoicing, and providing automated three-way match to validate documents -- TRADESHIFT and Invoiceware International deliver solutions to the problems Latin American businesses and multinationals face today.

The partnership allows enterprises on the TRADESHIFT platform to take advantage of the validation and compliance technology provided by Invoiceware International. With Latin America being well known for its complex and often intimidating business regulations, the deal signals another great step forward in the right direction for TRADESHIFT and their vision of connecting every business on the planet.

These complex, ever changing rules not only affect companies based in Latin America, but also those multinationals that seek to conduct business in these countries. The TRADESHIFT and Invoiceware International partnership provides a seamless solution by ensuring invoices exchanged with companies in these countries meet and abide by the regulations set forth.

"The potential in cost and time savings to businesses in Latin America and multinationals -- that alone is enough to make this partnership a success. But what is the most encouraging, for us, is to see the TRADESHIFT vision and mission of delivering an open, global technology embraced by the region which has proven e-business is the way of the future," commented TRADESHIFT CEO and Co-founder Christian Lanng.

"As the leading e-invoicing platform provider in Central and South America, we understand financial compliance is more complicated here than in any other region on the planet. With this partnership, a new global community will be able to access multiple Latin America countries on a single platform and benefit from our commitment to guaranteed government compliance as the mandates evolve over time," added Scott Lewin, President and CEO.

There is a compulsory mandate to use e-invoices in Brazil, Mexico and Argentina with other countries following suit soon. If not compliant, the government can shut down operations, levy significant fines, and raise criminal charges against the management team. The partnership between TRADESHIFT and Invoiceware International is setting the standard for compliance in a region of the world that is strategic to every multinational.

About TRADESHIFT

TRADESHIFT is a platform for all your business interactions. It helps companies run more efficiently by harnessing the power of their network to create new value from old processes like invoicing, payments and workflow.

Launched in 2010, TRADESHIFT is used by over 170,000 companies across 190 countries, with over ten thousand more joining every month. Businesses on the platform include the DHL, National Health Service (NHS), French Government, Kuehne+Nagel, MITIE and Vestas Wind Systems.

TRADESHIFT was awarded Best Enterprise at The TechCrunch Europa awards and Most Innovative Solution by Financial-I. TechCrunch also recognized it for "Kicking Ass Globally."

TRADESHIFT is a global business, headquartered in San Francisco with offices in Copenhagen, London, Frankfurt and Amsterdam. Find out more at http://tradeshift.com

About Invoiceware International

Invoiceware International is the leader in Latin American e-invoicing and operates, The Compliance Network, a cloud-based platform that delivers financial and supply chain managers the regulatory processes that they need while eliminating ERP configurations and customizations for the IT staff.

A single connection to the network, simplifies the mandates, the implementation, and the ongoing change management associated with regulations in the Americas, including Brazil Nota Fiscal, Mexico SAT, Argentina AFIP and Chilean DTE. Invoiceware International is headquartered in Atlanta, Georgia with operations worldwide. For more information, please visit: www.invoicewareint.com.

Contact Information

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    Peter Adams
    Communications Manager, US

    Max Tatton-Brown
    Communications Manager, EU

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