Electronic invoicing

A discussion and guidance on the path to full scale adoption of electronic invoicing by corporates, goverments, SME's and consumers, creating savings up to € 60 billion in 2020. With a focus on: trends, business models, processes, technology, and legal issues.

Retired Member 

Aircraft engine repair firm pays 14 million for gov't bribes

International law officials are cracking down on corporations and firms that break the rules by bribing legislators and governmental leaders. The latest example comes out of Texas, where a well-known aircraft maintenance company confessed to having participated in a backroom deal that aimed to skirt the Foreign Corrupt Practices Act. Dallas Airmot...

29 December 2014 /regulation

Retired Member 

Mexico Updates eAccounting focusing on Corporations for 2015

The Mexico SAT has doubled down on their eAccounting requirements with a focus on corporations. While 2014 data is no longer required, the core requirements are now more detailed. So while the go-live date has transitioned from January 25 to March 3rd, this doesn't mean you should delay your implementation. Key changes include: Reports are requ...

08 December 2014 /regulation

Retired Member 

Apple Pay could experience problems in emerging markets

The explosion of mobile device use has revolutionized the way in which consumers and businesses make transactions today. At one time, the only way to make a payment was in person or through the mail. But the rapid development of Internet technology enables individuals to conduct business with a few keystrokes or button clicks. The mobile payment s...

19 November 2014

Retired Member 

Procter and Gamble suspended by Argentina AFIP

In the latest manifestation of possible tax fraud, which has been rampant as of late in parts of Latin America, Argentine officials are accusing one of the world's biggest household consumer goods producer of malfeasance. Argentina's national tax agency recently suspended Procter & Gamble from being able to conduct business in the country becau...

07 November 2014 /regulation

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

It's our money..

An estimated EUR 177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, a recent report reveals. E-invoicing to help reduce EU VAT Gap losses - report thepaypers.com According to a recent VAT Gap study by the European Commission, the lost revenue equals to 16% of total expected VAT revenue by the 26 EU Member States....

31 October 2014 /payments

Retired Member 

Why e-invoicing mandates are good for business

When it comes to having a favorable business environment, few would associate more regulations as being the answer. Increasingly complicated compliance issues often create more red tape, which makes it that much harder to accomplish things in the most cost efficient way possible. With this in mind, business owners who operate in Latin America - co...

14 October 2014

Retired Member 

Economic Growth in Latin America On the Rise

A country or region's economic performance is largely a reflection of how competitive it is with other nations on the world stage. And in Latin America, many countries that comprise it are steadily ascending the ladder of financial success, based on the results of a recent report. The World Economic Forum recently conducted an analysis of 144 econ...

08 October 2014 /regulation

Retired Member 

Bitcoin use on the rise in Latin America

Bitcoin, a digital currency in place of the more traditional form, is being used more regularly by several firms that operate out of South America, the Latino Post reported. However, because of the tighter regulations being implemented, it's getting a lot of scrutiny. PropinaBitcoin is one of the companies that's aiming to provide consumers and or...

26 September 2014 /payments

Retired Member 

Latin America - E-Invoicing Doesn't Stop Economic Growth

A country or region's economic performance is largely a reflection of how competitive it is with other nations on the world stage. And in Latin America, many countries that comprise it are steadily ascending the ladder of financial success, based on the results of a recent report. The World Economic Forum recently conducted an analysis of 144 econ...

26 September 2014 /regulation

Retired Member 

Supply chain finance takes hold in Latin America

Supply chain finance is a method of business transaction that's gained notoriety and popularity among entrepreneurs. There are three core elements to SCF - a supplier, buyer and financial institution. With each relying on the other, the ultimate goal is to optimize the relationship between the supplier and the buyer through a series of collaborati...

09 September 2014