OB10 and Comprova Join Forces to Bring Straight-Through Invoice Processing to Brazil e-Commerce leaders announce a pioneering partnership to support the Brazilian government's mandate

LONDON and SÃO PAULO, June 20, 2013 /PRNewswire/ --

While compliance with the government's e-Invoicing mandate has driven adoption in Brazil, a new partnership between OB10, the global e-Invoicing network, and Comprova.com, an officially accredited certification service provider and digital signature platform, will ensure that organizations not only meet government requirements but also benefit from straight-through invoice processing.

e-Invoicing regulations in Brazil are complex and require careful monitoring. By forming a strategic alliance with Comprova.com, the first organization to offer legal proof for electronic transactions in Brazil, OB10 is reinforcing its commitment to e-Invoicing in Latin America having launched compliant services in Mexico in 2012.

With many of OB10's global customers poised to extend their e-Invoicing programs into Brazil, OB10 is delivering a common user experience for organizations around the world that will give thousands of suppliers access to the full benefits of electronic invoicing.

"We are delighted to work with Comprova," says Markus Hornburg, VP Compliance at OB10. "While e-Invoicing adoption is high, most service providers simply help companies meet the government's minimum requirements. With Comprova we have a common objective: to go beyond e-Invoicing compliance and bring the value of straight-through processing to organizations trading in Brazil."

"Comprova's rigorous certification solution creates legally compliant invoices for goods, services and transport," says Marcos Nader, President at Comprova.com. "By combining this with the flexibility of the OB10 network, invoices are validated against government and buyer-specific requirements to ensure they are processed and paid faster."

OB10

OB10 (http://www.OB10.com), the e-Invoicing network, streamlines the complex invoice-to-pay process to enable prompt payment. Operational across Europe, the Americas and Asia, OB10 can reduce the cost of invoice processing by 60% and deliver an ROI in less than a year.

The OB10 network connects large organisations to their thousands of suppliers around the world. Buyer customers include Aviva, Cargill, Nomura, GM, GlaxoSmithKline, IBM, Kellogg's, Motorola, Tesco, US Federal Government and Whirlpool.

Comprova.com

Comprova.com, the leading digital signature platform in Brazil, transforms physical processes to electronic while maintaining legal value and compliance. Hundreds of companies, including AIG, Deutsche Bank, Santander and Petrobras, sign their documents online using Comprova.com. Partners include Serasa Experian and IBM.

SOURCE OB10 & Comprova.com



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