TNT News

TNT to offer e-invoices with digital signature..

TNT's time and money saving "Express Invoicing" also protects againest unauthorised access.


Amsterdam, 12 February 2008 - TNT announces it will offer secured electronic invoices with digital signiture in over 30 countries by the end of March 2008. Called "Express Invoicing", the new service will be availiable for customers in most European Countries, Austrailia, Singapore, Hong King, South Africa, Kuwait and United Arab Emirates. TNT's web based e-invoicing solution is free of charge. TNT already offers e-invoices in 37 countries around the world, with another ten countries preparing to introduce the paperless invoice this year. TNT estimates that it could eventually eleimate up to one million paper invoices per month.

"Electronic invoices save time, money and trees", says Jan Willem Breen, Director Marketing and Sales of TNT's Express Division. "But with internet fraud on the rise customers also asl legally recognised techniques like digital signitures that authenticate the source of invoices and protect the documents integrity. TNT invests in technology to offer more convenience and security to its customers.

For customers, TNT's e-invoicing service reduces paper processing costs and improves the accounts payable management process. To benefit from the new service, all they need is an internet connection and a email acccount. TNT's Express invoicing offers and easy-to-use and secure method for accessing, controlling and archiving invoices instead of a paper invoice, TNT sends an e-mail to its customers directing them to a secure website, where they enter a password to access there downloadable electronic invoices Invoice data is current and available in serveral formats, including PDF and CSV,XML format will also be available by March 2008.


Note to editors

In the U.S and many European countries such as Germany, the UK and Italy, digital signatures have the same value as a handwritten signature. From a legal perspective, digital signature is the most widely accepted way to shift from papar to electronic invoices.

Digital signatures are a special class of electronic signatures that allow identification of the sender and ensuring message intregrity. They use public key cryptography to give electonic signatories a unique digital identification.