CoSign Electronic Signatures Support Maman eInvoicing Solution

Algorithmic Research (ARX), a leading worldwide provider of electronic signatures and data security solutions, has implemented a CoSign-based eInvoicing solution for Maman Cargo Terminals and Handling LTT, a major member of the Maman Group.

With CoSign’s integrated electronic signature solution Maman can now generate their invoices in PDF or XML electronic formats. Standard electronic signatures will then be applied to the electronic versions of its hardcopy paper invoices, sealing them with legally-binding signatures as well as saving the costs and time associated with paper-based processes.

"As the sole operator of the cargo terminal at Ben Gurion Airport, Maman needs to be able to offer cost-effective, secure and efficient documentation, and fast and accurate billing and accounting, in accordance with Israeli VAT laws," says Ronit Lapid, IT Manager, Maman Cargo.

"Combining CoSign's electronic signatures with PKI (Public Key Infrastructure), a mature and proven technology, ensures the signer authenticity, data integrity and non-repudiation of the thousands of invoices Maman handles monthly in its dealings with global airlines and local cargo agents and forwarders," says Ari Seror, Director of Professional Services, ARX. .

"Two new features in CoSign, BatchConvert and BatchSign, allow Maman to swiftly and easily process the many invoices it handles, while keeping the integration with the existing billing systems in Maman simple and non-intrusive," adds Seror.

"Triggered by the approval of the financial data, BatchConvert reads the financial information from SQL tables, then creates the appropriate PDF and XML files to send to BatchSign," he says. "They are then digitally signed by CoSign and published on Maman's secure Web site, or sent by e-mail or FTP to Maman's customers".

About Maman

Maman Cargo Terminals and Handling, based at the cargo terminals located at Ben Gurion International Airport, provide the full range of cargo handling services for all international air cargo imported or exported from or to Israel. Handling approximately 240,000 metric tons of cargo annually, Maman serves all of the airlines and air courier flights operating at Ben Gurion Airport. For 30 years, Maman offers her customers a wide range of specialized storage facilities for all types of unique cargo - safes, bonded, radioactive material, hazardous goods, and refrigeration. Maman operations are supported with an advance IT systems which covers all the import and exports operation process. For more Information, visit www.maman.co.il

CoSign is ARX's tamper-proof, easy to use, electronic-signature solution which delivers an innovative way for electronically signing documents, files, forms and transactions. Based on standard PKI technology, CoSign guarantees signer authenticity, data integrity, and non-repudiation of documents and transactions. With its unique centralized approach, built-in integration with the organization's existing User-Management System and extensive 3rd party application support, CoSign eliminates additional overhead costs.

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CoSign® is a registered trademarks of Algorithmic Research, Ltd. All other trade names and trademarks are the property of their respective holders.

More information about CoSign is available here

About Algorithmic Research (ARX)

Algorithmic Research (ARX) is a leading global provider of electronic-signature and data-security solutions. The company offers a wide range of high-end and state of the art products and services designed to simplify, secure, and accelerate electronic transactions. ARX specializes in designing and implementing easy to use, simple to deploy, electronic signature and security solutions, combining software and hardware products, for small, medium and large computing environments.

ARX has more than 18 years of experience in assisting financial institutions, governmental organizations and commercial sectors to secure and streamline their processes and transactions.

More information about ARX is available here