Sterling e-Invoice Gateway helps companies address financial, legal and technical challenges associated with e-Invoicing legislation regulations
London – June 4, 2008 – Sterling Commerce, an AT&T Inc. (NYSE:T) subsidiary, today released the first solution that enables multi-national organisations to automate electronic invoicing processes worldwide, while maintaining conformity with individual tax regulations mandated by multiple countries. Sterling e-Invoice Gateway eliminates the need to support separate solutions for isolated geographies; reduces risk and exposure by complying with ever-changing electronic invoicing tax regulations; and improves operational efficiencies and contains costs by automating both buyer and seller electronic invoice processes in compliance with country-specific tax regulations.
“The e-invoicing landscape is currently complex in both regulation and technology requirements. Managing these correctly is key to increasing the comfort levels of CFO's in taking on e-invoicing projects,” said Trevor LaFleche, senior research analyst, Financial Insights.
“Compliance with e-invoicing legislation has become a complex challenge that is beginning to cost global organisations significant time and money,” said Chris Johnson, vice president, Global Product Management, B2B Collaboration Solutions for Sterling Commerce. “A holistic, global corporate supply chain resolution, such as the Sterling e-Invoice Gateway, keeps up with frequently changing business and technical regulations, and can save companies millions in significant losses in the form of fines, costly audits and the inability to reclaim value added tax (VAT).”
Sterling Commerce is a leading provider of integration solutions that enable flexible business process integration spanning organisations’ internal and external boundaries, as well as heterogeneity in protocols, standards, and process-defining messages and files. The solutions protect business operations from inevitable changes in business, technology, and legislative environments; improve operational efficiency and customer satisfaction by integrating all partners and all processes across an industry’s value-chain; and support future growth initiatives by laying the foundation for a strategic, long-term sustainable multi-enterprise service-oriented architecture (SOA). More information can be found online at: http://www.sterlingcommerce.co.uk/
About Sterling Commerce
Sterling Commerce, a subsidiary of AT&T Inc. (NYSE:T), helps customers thrive in a global economy by connecting their business communities, processes, people and technology. More than 30,000 customers worldwide – including 80 percent of the Fortune 500 – use Sterling Commerce solutions for business process integration, multi-channel selling, and supply chain fulfillment to improve profitability inside and outside their company walls. Headquartered in Columbus, Ohio, Sterling Commerce has offices in 19 countries and most major cities around the world. More information on the company can be found at www.sterlingcommerce.com. More information on Sterling Secure Proxy can be found at www.riskaverted.com/RSA.
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Willemijn Steegenga
Sterling Commerce
Tel: +31 (0) 20 560 5794
willemijn_steegenga@stercomm.com
Lindsey Marsh
Nelson Bostock Communications
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lindsey.marsh@nelsonbostock.com