essDOCS acquires eCertify
essDOCS extends its paperless trade offering, team and global reach with the acquisition of eCertify, the leading provider of electronic Certificates of Origin
Valletta, Malta, 17 March 2017: essDOCS today announced the acquisition of eCertify Pty Ltd, the inventor of the electronic Certificate of Origin (eCO). eCertify provided the first eCO solution in 2008. Today, its eCOs are used by 13,000+ companies and 120+ Chambers of Commerce in 6 countries.
eCertify provides Chambers of Commerce, Authorizing Bodies, exporters and freight forwarders an online solution for application and issuance of eCOs, enabling them to eliminate time-consuming and inefficient, manual paper-based processes. eCertify is the leading eCO solution globally, with Chambers across Australia, Canada, New Zealand, Norway, the United States and South Africa.
“With the additional resources now available to eCertify, we are planning to grow our eCO footprint extensively” said Carman Rossi, eCertify Founder and Chairman of the Board. He continued, “we will add Dutch eCOs later this year, and are planning an aggressive expansion to take us to 25 countries over the next couple of years organically and via partnerships.”
Based in Adelaide, Australia, eCertify will continue to operate as a separate company, but will be supported by essDOCS’ global footprint. The acquisition was completed through essDOCS Ventures, the Group’s investment and partnership arm.
“eCertify is an incredible company”, said Alexander Goulandris, essDOCS CEO and eCertify Director, “and I am excited to be able to assist in its continued growth. For me, electronic certificates of origin are key to a complete paperless trade solution, so this acquisition will provide a more holistic solution for our customers.”
essDOCS enables paperless trade. Our CargoDocs platform digitizes and automates paper-heavy trade operations, finance and logistics processes through two key solutions: DocPrep+ and DocEx. CargoDocs enables users to standardize and streamline processes, reduce working capital needs and trading risks, while improving operations, collaboration, compliance and visibility across organizations. Over 18,000 companies, ranging from 20% of the Fortune Global 100 to innovative SMEs, use essDOCS solutions across 168 countries.
essDOCS Ventures partners or invests in companies that are part of the paperless trade ecosystem. We look for companies that are innovating in trade, finance or logistics, particularly those focused on digitizing paper-heavy processes.