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XBP Europe electronic archive solution achieves NF461 certification

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XBP Europe has achieved NF461 certification for electronic document management in France, a standard that aligns with ISO 14641-1 international requirements. The certification validates the company's Enterprise Information Management (EIM) suite, particularly its EFA-SAE electronic archiving system, which supports organizations in storing various data types and dematerialized documents.

The solution enables organizations to implement retention strategies ensuring data availability, integrity, confidentiality, and traceability. Through integration APIs, businesses can connect EFA-SAE with their platforms to optimize information flows and access data efficiently.

XBP Europe ha ottenuto la certificazione NF461 per la gestione elettronica dei documenti in Francia, uno standard che si allinea ai requisiti internazionali della ISO 14641-1. La certificazione convalida la suite di Enterprise Information Management (EIM) dell'azienda, in particolare il suo system di archiviazione elettronica EFA-SAE, che supporta le organizzazioni nella conservazione di vari tipi di dati e documenti dematerializzati.

La soluzione consente alle organizzazioni di implementare strategie di conservazione che garantiscono la disponibilità, l'integrità, la riservatezza e la tracciabilità dei dati. Attraverso le API di integrazione, le imprese possono collegare EFA-SAE alle loro piattaforme per ottimizzare i flussi informativi e accedere ai dati in modo efficiente.

XBP Europe ha logrado la certificación NF461 para la gestión electrónica de documentos en Francia, un estándar que se alinea con los requisitos internacionales de la ISO 14641-1. La certificación valida la suite de Enterprise Information Management (EIM) de la empresa, en particular su sistema de archivo electrónico EFA-SAE, que apoya a las organizaciones en el almacenamiento de diversos tipos de datos y documentos desmaterializados.

La solución permite a las organizaciones implementar estrategias de retención que aseguran la disponibilidad, integridad, confidencialidad y trazabilidad de los datos. A través de APIs de integración, las empresas pueden conectar EFA-SAE con sus plataformas para optimizar los flujos de información y acceder a los datos de manera eficiente.

XBP 유럽은 프랑스에서 전자 문서 관리에 대한 NF461 인증을 획득하였으며, 이는 ISO 14641-1 국제 기준과 일치합니다. 이 인증은 회사의 기업 정보 관리 (EIM) 제품군, 특히 EFA-SAE 전자 아카이빙 시스템을 검증하며, 이는 다양한 데이터 유형과 비물리적 문서를 저장하는 데 있어 조직을 지원합니다.

이 솔루션은 조직이 데이터의 가용성, 무결성, 기밀성 및 추적 가능성을 보장하는 보존 전략을 구현할 수 있도록 합니다. 통합 API를 통해 기업은 EFA-SAE를 자신의 플랫폼과 연결하여 정보 흐름을 최적화하고 데이터를 효율적으로 접근할 수 있습니다.

XBP Europe a obtenu la certification NF461 pour la gestion électronique des documents en France, une norme qui est conforme aux exigences internationales de la norme ISO 14641-1. La certification valide la suite de gestion de l'information de l'entreprise (EIM), en particulier son système d'archivage électronique EFA-SAE, qui aide les organisations à conserver divers types de données et des documents dématérialisés.

La solution permet aux organisations de mettre en œuvre des stratégies de conservation garantissant la disponibilité, l'intégrité, la confidentialité et la traçabilité des données. Grâce aux API d'intégration, les entreprises peuvent connecter EFA-SAE à leurs plateformes pour optimiser les flux d'information et accéder aux données de manière efficace.

XBP Europe hat die NF461-Zertifizierung für die elektronische Dokumentenverwaltung in Frankreich erreicht, einen Standard, der den internationalen Anforderungen der ISO 14641-1 entspricht. Die Zertifizierung bestätigt die Enterprise Information Management (EIM) Suite des Unternehmens, insbesondere sein EFA-SAE elektronisches Archivierungssystem, das Organisationen dabei unterstützt, verschiedene Datentypen und entmaterialisierte Dokumente zu speichern.

Die Lösung ermöglicht es Organisationen, Aufbewahrungsstrategien umzusetzen, die die Verfügbarkeit, Integrität, Vertraulichkeit und Nachverfolgbarkeit von Daten gewährleisten. Über Integrations-APIs können Unternehmen EFA-SAE mit ihren Plattformen verbinden, um Informationsflüsse zu optimieren und effizient auf Daten zuzugreifen.

Positive
  • Achieved NF461 certification, strengthening market position in France and Europe
  • Compliance with both French (NF461) and international (ISO 14641-1) standards
  • Serves over 2,000 clients across 15 countries and 32 locations
Negative
  • None.

Insights

The NF461 certification represents a significant technical milestone for XBP Europe's document management capabilities. The electronic archiving solution's compliance with both French and international standards (ISO 14641-1) strengthens the company's competitive position in the European enterprise information management market. The API integration capabilities and support for multiple document formats (physical, digital, native electronic) demonstrate robust technical architecture.

However, while technically impressive, this certification alone may not immediately translate to substantial revenue growth. For a micro-cap company ($40M market cap), the certification primarily serves as a foundation for potential future growth in the French market rather than an immediate business catalyst. The impact on near-term financial performance is likely to be modest, though it could help secure new enterprise clients who require NF461 compliance.

PARIS, Nov. 19, 2024 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced its achievement of NF461 status for electronic document management in France.

This prominent French standard establishes strict guidelines for document creation, storage, use, and disposal. It is designed to ensure stringent quality and security levels throughout a document’s lifecycle. This standard has been transposed into the international standard ISO 14641-1, so companies that comply with NF461 certification can meet both French and international standards.

We are proud to be NF461 certified, which illustrates our commitment to streamlined, efficient document management and electronic archiving for organisations of all sizes. This certification strengthens our position in France and across Europe. It reinforces the value of our Enterprise Information Management (EIM) suite in helping organisations to navigate their digital transformation.” said Vitalie Robu, President of XBP Europe.”

The Role of Electronic Archiving

XBP Europe’s electronic archiving solution is an integrated part of its Enterprise Information Management suite, a series of solutions that empowers enterprises, SMEs and Government bodies to optimise document archiving and management, helping to move towards more sustainable business processes. The solution enables organisations to design a retention strategy by ensuring the availability, integrity, confidentiality and traceability of electronic archives. They can make enterprise data available where it is needed, and in a way that’s compliant, secure, and sustainable.

EFA-SAE and dematerialisation at source

To keep pace with the concept of dematerialisation at source, the EFA-SAE electronic archiving system supports organisations in storing all types of data and dematerialised documents. This applies regardless of their format, be that physical, digital, or native electronic, such as e-invoices, e-payslips, or multimedia objects. Using integration APIs, organisations can integrate EFA-SAE with their business platforms to streamline information flows, and access data when and where they need it.

Learn more about optimal document management processes here.

About XBP Europe

XBP Europe is a pan-European integrator of bills, payments and related solutions and services seeking to enable digital transformation of its more than 2,000 clients. The Company’s name – ‘XBP’ stands for ‘exchange for bills and payments’ and reflects the Company’s strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimise clients’ bills and payments and related digitisation processes. The Company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, along with the Middle East and Africa. The physical footprint of XBP Europe spans 15 countries, 32 locations and a team of approximately 1,500 individuals. XBP Europe believes its business ultimately advances digital transformation, improves market wide liquidity by expediting payments, and encourages sustainable business practices. For more information, please visit: www.xbpeurope.com.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to future results of operations and financial position, revenue and other metrics planned products and services, business strategy and plans, objectives of management for future operations of XBP Europe, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by XBP Europe and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: (1) the outcome of any legal proceedings that may be instituted against XBP Europe or others and any definitive agreements with respect thereto; (2) the inability to meet the continued listing standards of Nasdaq or another securities exchange; (3) the risk that the business combination disrupts current plans and operations of XBP Europe and its subsidiaries; (4) the inability to recognise the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of XBP Europe and its subsidiaries to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) costs related to the business combination; (6) changes in applicable laws or regulations; (7) the possibility that XBP Europe or any of its subsidiaries may be adversely affected by other economic, business and/or competitive factors; (8) risks related to XBP Europe’s potential inability to achieve or maintain profitability and generate cash; (9) the impact of the COVID-19 pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; (10) volatility in the markets caused by geopolitical and economic factors; (11) the ability of XBP Europe to retain existing clients; (12) the potential inability of XBP Europe to manage growth effectively; (13) the ability to recruit, train and retain qualified personnel, and (14) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Annual Reports on Form 10-K filed on April 1, 2024 and, our subsequent quarterly reports on Form 10-Q and our current reports on Form 8-K as filed with the Securities and Exchange Commission (the “SEC”). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Readers should not place undue reliance on forward-looking statements, which speak only as of the date they are made. XBP Europe gives no assurance that either XBP Europe or any of its subsidiaries will achieve its expected results. XBP Europe undertakes no duty to update these forward-looking statements, except as otherwise required by law.

For more XBP Europe news, commentary, and industry perspectives, visit: https://www.xbpeurope.com/

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The information posted on XBP Europe’s website and/or via its social media accounts may be deemed material to investors. Accordingly, investors, media and others interested in XBP Europe should monitor XBP Europe’s website and its social media accounts in addition to XBP Europe’s press releases, SEC filings and public conference calls and webcasts

Investor and/or Media Contacts:         

investors@xbpeurope.com


FAQ

What is the significance of XBP's NF461 certification?

XBP's NF461 certification validates its electronic document management system in France and ensures compliance with both French and international (ISO 14641-1) standards for document creation, storage, use, and disposal.

What is XBP's EFA-SAE electronic archiving system?

EFA-SAE is XBP's electronic archiving system that supports storing all types of data and dematerialized documents, including e-invoices, e-payslips, and multimedia objects, with integration capabilities through APIs.

How many countries does XBP Europe operate in?

XBP Europe operates across 15 countries with 32 locations and approximately 1,500 employees, serving more than 2,000 clients.

XBP Europe Holdings, Inc.

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