Maventa’s aim is to simplify the e-invoicing landscape in to a transparent process, which can be utilized on any software or service. The service is designed to scale from one-man consulting companies to multinational conglomerates.

Maventa is completely format, language and location agnostic which makes it usable in any environment (SAP, Oracle, IFS, Adage, MS Dynamics, QuickBooks, Sage.. just to name few). The financial system is directly connected to the Maventa API (Application Programming Interface) extending its current capabilities to electronic invoicing. Purchase invoices are automatically synchronized from the Maventa account directly to the financial system without any additional importing functions needed. The conventionally static financial software becomes a networked tool with real-time transparency to the corporate financial processes. Acknowledgements between sender’s and the recipient’s allow the parties to be certain of a message being delivered. The paper invoicing process, which can last up to weeks, can be narrowed down to minutes with Maventa technology.

Maventa determines the most cost-efficient route for the invoice, with the least favorable option as a ground-mail paper invoice. All Maventa internal trafficking is completely free of charge. No recurring or administrative fees apply to holding or setting-up an account. Sending electronic invoices to 3rd party operators are priced with a marginal transaction-fee. Receiving electronic invoices from any operator is always free of charge.

The Maventa Network is a cloud of server clusters. They are all connected to each other, creating a grid with global coverage. The infrastructure is highly tolerant for network outages, power surges and peak overloads. Currently our throughput capacity for one cluster is nearly 18,000 invoices / second. The servers are run on Linux with Maventa specific alterations to the kernel.

You can use any format to communicate with the Maventa Service. We have built Maventa core functionalities upon Oasis Open Universal Business Language (UBL).

UBL, the Universal Business Language, is the product of an international effort to define a royalty-free library of standard electronic XML business documents such as purchase orders and invoices. Developed in an open and accountable OASIS Technical Committee with participation from a variety of industry data standards organizations, UBL is designed to plug directly into existing business, legal, auditing, and records management practices, eliminating the re-keying of data in existing fax- and paper-based supply chains and providing an entry point into electronic commerce for small and medium-sized businesses.

Digital signatures can be handed out to users or companies which require them either by law or for corporate policy reasons. Digital signatures are always linked to a natural person and our signatures are based on PKCS#12 PKI.

In cryptography, PKCS#12 is one of the family of standards called Public-Key Cryptography Standards (PKCS), published by RSA Laboratories. It defines a file format commonly used to store X.509 private keys with accompanying public key certificates, protected with a password-based symmetric key, and is the successor to PFX from Microsoft. PFX has received heavy criticism of being one of the most complex cryptographic protocols, but nevertheless remains the only standard way today to store private keys and certificates in a single encrypted file.

To comply with security regulations and local laws, Maventa can be used with a strong authentication token. Our token solution is a simple USB keyboard with only one button. The solution can be used on any platform an works out-of-the-box without any drivers or keycard-readers.

It works seamlessly with any hardware and operating system combination supporting USB keyboards such as Windows, MacOS, Linux and others. The token generates and sends unique time-variant authentication codes by emulating keystrokes through the standard keyboard interface. The computer to which the token is attached receives this authentication code character by character just as if it were being typed in from the keyboard – yet it’s all performed automatically. This process allows the token to be used with any application or Web-based service without any need for special client computer interaction or drivers.

Pivotal for any hardware authentication token is singularity, i.e. that an identity cannot be copied and/or be adversely used without knowledge of the legitimate user. Static identification schemes, such as username/password are highly vulnerable to eavesdropping and what has been known as “Phishing”. Even “predictable” schemes, such as one-time-pad cards have shown vulnerability to these threats.

The introduction of a time-variant code including a certain level of randomness, all encrypted with strong encryption, means that attacks of this type can be thwarted and singularity maintained.