Security
Learn how Eved protects all your data.
Eved’s enterprise-grade cloud platform meets the highest level of security standards with user roles, approval workflows, and data protection. Eved’s systems are PCI and SSAE18 SOC 2 audit certified.
Eved undergoes an annual SOC 2 Type 2 audit on the design and operating effectiveness of controls relevant to the security and availability trust service categories.
Eved has been validated to comply with the PCI Data Security Standard, SAQ A v2.0, since 2010. Eved is monitored and audited externally by our PCI compliance entity, Trustwave.
Screening and Reporting Services
SUPPLIER SCREENING
Reduce tax, regulatory, and financial control risk
Eved uses a third-party provider to screen supplier information against compliance with requirements of programs such as the Bank Secrecy Act (BSA) and the USA PATRIOT Act, as well as the U.S. Treasury’s Office of Foreign Assets Control (OFAC). Suppliers are screened every time bank information is changed or the supplier is paid.
CHINA SUPPLIER SCREENING
Additional screening for China
Additional documentation is collected and validated for suppliers being paid via Eved China in order to comply with rules and regulations determined by the People’s Bank of China (PBOC).
1099 REPORTING
W8/W9 collection
Eved requires W-9 tax forms for US-based entities. Eved uses a third-party to verify the information on the W-9 for US merchants, including the EIN. Eved also collects W-8 forms for non-US merchants. This form ensures that Eved clients do not need to withhold taxes.
Security Assurances
Security Training – Eved requires all employees to annually complete security awareness training.
System Vulnerability Assessments – On a monthly and quarterly basis, an external vulnerability assessment is performed on the Eved System infrastructure and application. Any high or medium-risk issues detected, are immediately remediated.
Secure Encryption – Eved has implemented secure communication everywhere utlizing the best practices for ciphers and using the latest technology.
Payment Processing – Payment information is stored within the Eved database using AES-256 bit encryption. Eved uses AES/SHA1 encryption algorithms along with password and salt key for generating more secure hashes.
Tired of paying thousands of small invoices?
Consolidate to Eved
General Inquiries
Help Desk
APAC & GC Phone: +86 0731 8448 5215
/ Toll Free: 800-492-2355 (within Singapore only)
Help Desk Representatives are available Monday-Friday 8am-7pm CST. Hours may vary by region.
