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Tradeshift E-Invoicing Compliance Partners
Created on 2019-10-03 11:45:41; Last updated on 2020-05-25 03:00:11
In order to more thoroughly approach compliance regulations and requirements in some countries, Tradeshift engages the services of expert consulting partners.
"Inbound (AP) Clearance” means - In countries that have chosen the ‘clearance model’, the tax administration requires each invoice to be reported and authorized electronically by them before or during the trading parties exchange process.
Inbound (AP) Clearance refers to the process at the invoice receiver’s for the validation of the e-invoice received with respect to integrity, authenticity, certificate trust and clearance.
“Invoice Archiving” means - An on demand service for the long-term storage of critical electronic data. The TrustWeaver Archiving service is mainly designed for compliant archiving of electronic invoices under the laws of the supported countries.
“Qualified Electronic Signature” means - An electronic signature that is compliant to EU Regulation No 910/2014 (eIDAS Regulation) for electronic transactions within the internal European market. It enables parties to verify the integrity and authenticity of signed electronic data exchange over long periods of time.
“Digital Signature” means - A digital signature guarantees the authenticity of an electronic document or message in digital communication and uses encryption techniques to provide proof of integrity of the signed data.
|Third Party Provider||Service||Countries|
|Sovos Trustweaver||Qualified Electronic Signature||France (Optional add on service in some other countries)|
|Sovos Trustweaver||Digital-signature||India (Optional add on service in some other countries)|
|Sovos Trustweaver||Inbound (AP) Clearance||Italy, Turkey, Mexico, Chile|
|Sovos Trustweaver||Invoice archiving||Italy|
|GoSocket||Inbound (AP) Clearance||Costa Rica, Chile|
As a subcontractor to Tradeshift, Sovos Trustweaver assists with:
- Inbound (AP) clearance in the following countries: Italy, Turkey, Mexico, Chile.
- An archiving solution in Italy.
- Digital Signatures in India and Qualified Electronic Signatures in France
While our direct partner for inbound (AP) clearance in Turkey is Sovos Trusweaver, they work with a local authorised e-fatura Service Provider as per the TRA (Turkish Revenue Agency) requirements.
Optional Digital Signature Service: Tradeshift’s partner Sovos Trustweaver offers an e-invoicing compliance service in certain countries that is available to Tradeshift customers as an add-on option. This method is based on qualified digital signatures, and is the default option for countries where digital signatures are required by law. Sovos Trustweaver electronic signature service is enabled on Tradeshift through an app that must be activated by the buyer. When this app is activated, all invoices sent from the supplier are routed to Sovos Trustweaver, who apply a digital signature to the document before it is sent to the recipient. Once received, the document is once again routed to Sovos Trustweaver, who verify the digital signature to confirm its integrity. As part of this service, Sovos Trustweaver also guarantees compliance with all regulations in terms of digital signatures and qualified timestamps for all covered countries.
As a subcontractor to Tradeshift, GoSocket assists with Inbound (AP) Clearance in Costa Rica and Chile
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