B2B Payments

Chrome River Adheres To Canadian Data Rules

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Corporate expense management and supplier invoice processing company Chrome River has made a move to adhere to Canadian data hosting rules.

The company said Thursday (May 4) that it has launched data hosting capabilities within the country as required by regulators. Chrome River is using Amazon Web Services’ datacenter that’s based in Montreal, which will enable its corporate and government entity clients to comply with requirements that employee expense management data must be hosted within Canada.

Chrome River identified the Privacy Act for federal government data, the Personal Information Protection and Electronic Documents Act and local data protection laws as key legislation accounting for the move.

“As Chrome River continues to expand its presence in Canada, our customers — particularly those in higher education or with a public-sector focus — are increasingly expressing a need to keep their employees’ expense data in Canada,” explained the firm’s CEO Alan Rich. “We’re happy to be able to provide the enhanced data protection capabilities that many organizations now require, while offering a solution suitable for global expense management requirements. This move demonstrates Chrome River’s commitment to the market, and we are excited to continue attracting leading Canadian organizations to our solution.”

Earlier this month, Chrome River released data on its Q1 2017 performance, noting that it nearly doubled its customer acquisition volume compared to Q1 2016. The company’s customers are now spread across 100 countries, it added.

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