The TrustWeaver-Verified program helps businesses better understand the varieties of tax compliance covered by a third party operator’s services. Tax regulation, and the many requirements that stem from value-added-tax (VAT), cover a variety of invoicing and accounting functions.
The TrustWeaver-Verified Trust Mark states four areas of compliance that a vendor has been assessed on by TrustWeaver’s auditors:
• The management of invoice integrity and authenticity
• Archiving and auditor access
• End-to-end controls between the trading partners and the service provider
• The service provider’s processes to ensure that invoices contain all legally required data fields.
Tungsten Network, part of Tungsten Corporation, is a global e-invoicing, invoice finance and spend analytics company working to help companies improve cash flow and make better buying decisions.
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