Eyvo now secures all user data, financial transaction data and vendor information with industry standard AES256 Encryption.
MILL VALLEY, Calif. (PRWEB) April 26, 2018
Eyvo eProcurement are pleased to announce that their class-leading eProcurement web platform, Eyvo eBuyerAssist, now allows customers to include the Eyvo system within their compliance of the General Data Protection Regulation (GDPR).
This allows all clients to align themselves with the new European Union Directive that becomes law on May 25th, 2018. The GDPR does not just apply to European customers, but also applies to organizations located outside of the EU if they offer goods or services to EU data subjects.
Eyvo's Managing Director, Michael Petter stated, "We all regularly read in the news about companies getting hacked and their data stolen - well, this GDPR change is total game changer in strengthening our defenses against that sort of attack - It enables us to provide military grade transactional security to our corporate clients. Eyvo now secures all user data, financial transaction data and vendor information with industry standard AES256 Encryption."
Existing clients of Eyvo’s eBuyerAssist purchasing software platform will be seamlessly transitioned to the new GDPR-compliant version by the upcoming GDPR effective date.
Eyvo’s eBuyerAssist platform is a cloud-based business process web application that acts as a one stop shop for corporate procurement/purchasing related activities. The application uses an online requisition entry system that can integrate to external vendors' punchout catalog site and route the requests to the corporate purchasing department for internal management budgetary approval prior to the expense being incurred. This allows for tight management oversight of spend, and strong audit trails to combat fraudulent transactions. Additional modules include Receiving, Invoice matching, RFQ/RFP/RFX modules, Vendor onboarding, Supplier risk management and Scoring.
The principles driving the success of the Eyvo eBuyerAssist purchasing software solution are that it is not industry specific, and can be customized to specific client requirements, leading to a very high degree of conformity to existing organizational processes.
The Eyvo eBuyerAssist platform is in use around the world by private and public companies, including many leading global brands, government bodies, and NGO/Non-profit organizations.
Eyvo, Inc. is a private company headquartered in California with offices in London and Mumbai.
For more information visit Eyvo on the web at http://www.e-procurement.com or email to firstname.lastname@example.org.
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