Sabrix Announces the Appointment of Erik van der Hoeven
Leading expert in international trade and global supply chain management to lead the VAT research and development team
SAN RAMON, CA - October 28, 2003 — Sabrix, Inc. a leading provider of enterprise tax management applications, today announced that Erik van der Hoeven has joined Sabrix to lead the Value Added Tax (VAT) research and development team. Mr. van der Hoeven has had extensive experience with VAT, customs and duty, and global supply chain management solutions during his respective tenures with the Dutch Ministry of Finance and with major accounting firm, Ernst and Young. Prior to joining Sabrix, Mr. van der Hoeven also worked as a consultant for leading global supply management companies and established a practice focused on delivering the next generation of real-time global trade content and services solutions.
"We are pleased to have Erik join our tax research and development team because of the depth and breadth of his experience in tax automation, customs, duties, foreign trade, and global supply chain management", said David McRaven, director of Global Tax Research for Sabrix. "Erik's experience with the Dutch Ministry of Finance during the drafting of the 6th directive provides Sabrix a unique perspective on not only the law, but the intent behind the law. Additionally, his extensive hands-on industry experience provides Sabrix the latest insight into current European Union VAT practices and country-specific interpretations."
According to Sabrix president and CEO, Steve L. Adams, "The addition of Erik to our team continues to build on the momentum the company has already established in the automation of not only U.S. sales and use tax, but in the automation of international VAT processes. With an increased focus on Sarbanes-Oxley 404 readiness, most companies are carefully scrutinizing their VAT processes to make sure they have the visibility and control they need to be fully compliant. Erik represents yet another commitment by Sabrix to build upon the industry expertise in software and international tax research that a number of global companies already depend upon."
Mr. van der Hoeven received his undergraduate degree at the University of Amsterdam. He received his law degree in International Trade and Customs Law at The Hague Tax Academy.
About Sabrix
Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman’s Warehouse, and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service™ (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company’s existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company’s finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation. For more information, please visit www.sabrix.com.
For press inquiries:
Kurt Foeller
Foeller Communications
sabrix@foellercom.com