Crossgate Expands e-Invoicing Service to Cover Brazil’s Nota Fiscal Eletrônica (NF-e) Mandates

SaaS-based, Brazil Nota Fiscal Eletrônica service allows companies to meet April 1st, 2010 Mandates

Atlanta, Georgia on 25 January 2010

Crossgate Inc., the global expert in business-to-business integration (B2B), has extended the coverage of its on demand B2B services to help customers meet upcoming April 1st 2010 mandates by providing a turn-key Nota Fiscal Eletrônica (NF-e) service.

Under Brazilian law, the NF-e is replacing the conventional, hard-copy nota fiscals with an electronic counterpart which must be digitally signed and shaped into a particular government specified XML format. For many organizations, this switch must be accomplished by April 1st 2010. Crossgate’s on demand NF-e solution, is the fastest and most reliable way to meet these quickly approaching deadlines.

Since most ERP, warehouse and logistics systems were obviously not designed for such extensive regulation, there is a huge need for companies operating in Brazil to find extensions to their IT systems to handle these requirements. In order to avoid potential non-compliance fines and potential implementation delays, many companies find it best to leverage a service provider to manage the traffic flow as an outsourced service. With the assistance of providers such as Crossgate, organizations can continue their existing paper based NF processes pretty much unchanged while delegating the responsibility for converting, signing, archiving and monitoring the integration with the SEFAZ to a specialized partner solely focused on these tasks. Crossgate’s On Demand NF-e Service includes:

• Fully Complies with the Nota Fiscal Eletrônica initiatives

• Real-Time Integration with SEFAZ

• Can be utilized directly from SAP® ERP

• Eliminates expensive ERP Augmentations

• Turn-key enablement, Investment protection, Meet April 1, 2010 Mandate

• One On Demand Service that supports over 36 countries in the EU and Latin America

According to Scott Lewin, President, Crossgate, Inc., “Brazil is certainly the most stringent set of requirements in global e-Invoicing today and the upcoming April 1st 2010 mandate is only adding to the complexity. Regulatory compliance efforts, such as Nota Fiscal, are often seen as being time-consuming and difficult, but Crossgate’s B2B 360 Services & market leading e-Invoicing Network make it easy for organizations to comply with local Tax Authority mandates in over 38 countries.”

About Crossgate, Inc.

Crossgate offers the world’s first Business-Ready Network, guaranteeing 100% integration of business partners, clients and suppliers. A single connection to the Network means electronic data exchange with any business partner regardless of their technical capability. In addition, Crossgate’s B2B-360° business process outsourcing (BPO) services are powered by SAP and provide clients direct access to all integrated business partners in the B2B transaction network via their SAP® solution-based systems. With its legally compliant e-Invoicing Services, Crossgate also provides an innovative and 100% secure solution to cover the entire process of incoming and outgoing invoices, including signatures, global compliance monitoring, and secure automated long-term archiving. More than 40,000 business partners, representing over 10 industries, currently exchange documents and data via the Business-Ready Network.

Crossgate is represented at four sites in Germany, with operations in Atlanta, London, Milan, Paris, and AsiaPac. For more information, visit http://www.crossgate.com

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