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eClear: Personnel reinforcement in November and renewed SAP® Certification for Value Added Tax solution

11-11-2020 03:59 PM CET | IT, New Media & Software

Press release from: eClear AG

eClear AG is expanding its management team with Brigitte Holzer as CFO/COO and Andreas Weidner as Vice President Customs Compliance. In addition, the Value Added Tax (VAT) solution ClearVAT Services 1.2 again received SAP-certification as built on SAP Cloud Platform.

Brigitte Holzer is the new Chief Financial Officer and HR/Organization Officer of eClear AG. With her comprehensive expertise in these areas as well as in corporate development, she complements the management team with Roman Maria Koidl (Chairman and CEO), Anne-Katrin Gewohn (CRO) and Oliver Port (CTO) since November first. "eClear will benefit from Brigitte Holzer's profound knowledge in building structures and processes in high-growth companies. With her experience in investor relations, she will provide strategic support for our company expansion," said Koidl. Most recently, Brigitte Holzer worked for Audatex and PPRO Group.

Also in November, Andreas Weidner started as Vice President Customs Compliance of eClear AG. Andreas Weidner has many years of experience in the management of global transport and in organizations for customs and trade regulations. As Global Director Customs & Trade Compliance at the Marquardt Group, he was able to contribute significantly to the growth and internationalization of the company. At eClear, he will establish the Customs Compliance department.

Since the beginning of the year, eClear has been growing continuously and now employs around 60 people in Berlin, Constance, Munich and Cologne. By the end of 2021, the team is expected to grow to 180 employees.

Successful SAP-certification

The core solution ClearVAT Services 1.2 also received SAP®-certification for the second time. ClearVAT frees traders from liability risks , administrative expenses and inefficient processes when selling their goods within the EU. In addition to dynamically updating applicable tax rates for all EU-27 countries and providing them to the retailer's store or ERP. ClearVAT automatically reports and pays the VAT to the tax authorities of the respective country of destination.
The SAP Integration and Certification Center (SAP ICC) has now certified ClearVAT Services 1.2 as built on SAP Cloud Platform. Applications built on SAP Cloud Platform are optimized to work with SAP cloud solutions and run on the SAP Cloud Platform.

"We are very proud of the renewed certification of ClearVAT Services 1.2,” says CTO Oliver Port. "Our goal is to develop innovative, secure applications that add value for our customers. SAP products are an integral part of this. For us, the renewed certification of our services by SAP is not only proof of a technically streamlined integration solution but also confirms the high quality of our development and implementation processes. The certification is very important for our customers because it supports their own compliance requirements.”

eClear AG, Chausseestraße 116, 10115 Berlin
VP Communications: Nadine Städtner
T: +49 30 235907111
E-Mail: comms@eclear.com

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

eClear AG (formerly ClearVAT AG) is Europe's only tax compliance provider that enables online businesses to automatically distribute goods within the European Union to the country of destination – while taking into account the applicable value added tax. The company offers two solutions: ClearRULES, an up-to-date, comprehensive database of all EU VAT rates and customs rates that is dynamically integrated into the merchant's systems. ClearVAT, Full Service Clearing House: install the software, sign the contract and deliver immediately and without liability to all EU countries.

www.eclear.com

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