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 

Accounts Payable Automation in Latin America

Today I was speaking with a Fortune 100 company who was looking at their Inbound Validation processes and trying to decide whether automation would be required. My answer was a resounding yes, but more often than not – I see multinationals doing the inbound validation of supplier and business partner XML through manual processes. I think it is i...

19 March 2014 /regulation

Retired Member 

If Brazil and Chile Force E-Invoicing than why Paper

I get a lot of questions on the differences between Latin America electronic invoicing in comparison to other regions of the world. And one of the confusing points for many people is the concept of “Contingency” – the question that comes up from many is – if I am forced to go electronic, why is paper still important. It’s not the same type of pape...

13 March 2014 /regulation

Retired Member 

Mexico Mandates Electronic Payroll Compliance

In a recent article, I discussed the concept of eSocial in Brazil – a new real-time integration requirement that will be focused on payroll taxes among other human resource issues. Well, Mexico actually has beaten Brazil to the market with the requirement of Electronic Payroll Receipts as of January 1, 2014. In Brazil, eSocial will take affect t...

04 March 2014 /regulation

Retired Member 

Brazil Financial Compliance - From E-Invoices to Payroll

The trend of tracking taxes in real-time is progressing beyond business transactions in Brazil. Nota Fiscal for Business Transactions since 2007 Nota Fiscal Consumer for end consumer transactions (i.e. Retail store) as a potential replacement for existing Cupom Fiscal started the pilot phase in 2013 eSocial – mandated for 2014 The first move b...

27 February 2014 /regulation

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Hybrid Cloud Model Proves Successful for E-Invoicing

For the next installment on my series on: ERP Hybrid Cloud Proves Successful for Latin America E-Invoicing Compliance, I wanted to cover why you can’t rely solely on a pure managed service provider or 100% cloud provider for e-invoicing in Latin America. It is really important to understand there are 3 functional requirements to Latin America compl...

19 February 2014 /regulation

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E-Invoicing Turns to the Hybrid Cloud in Latin America

Part 1 of 4 - Hybrid Cloud model reduces the cost of e-invoicing in Latin America There is a lot of discussion around cloud versus on premise. And there are a lot of definitions for a new trend –“The Hybrid Cloud”. Some analysts will say that it is a Platform as a Service play – meaning that you can distribute processing over multiple data center...

13 February 2014 /regulation

Retired Member 

Chile Mandates Electronic Invoicing

Important note: Up until 2014, the requirement to utilize electronic invoicing for domestic invoices in Chile was voluntary. This meant that you could transition to electronic invoicing, but if you did, you had to do it in a certain way that was managed by the government. However, you were not forced to do e-invoicing by the government. In 2014, ...

31 January 2014 /regulation

Retired Member 

Brazil Nota Fiscal - OnPremise versus Cloud Part 6

Brazil Nota Fiscal version 3.1– (Part 6 of 6) OnPremise NFe Solutions or Cloud and Managed Service: Top 5 Reasons Why Companies are Using Brazil version 3.1 to Transition off of on-premise solutions in to Managed Service Solutions Over the last 4 weeks, we have explored the top 5 reasons why companies are switching off on-premise software soluti...

22 January 2014 /regulation

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Brazil Nota Fiscal 3.1 - OnPremise versus Cloud Compliance

ERP Brazil Nota Fiscal version 3.1– (Part 4 of 6) On-premise Change management involves too many people, different groups, different system developers Top 5 Reasons Why Companies are Using Brazil version 3.1 to Transition off of on-premise solutions on to Hybrid Cloud and Managed Service Solutions If you are managing Brazil compliance on-premis...

09 January 2014 /regulation

Retired Member 

Brazil Nota Fiscal - Part 3 - OnPremise versus Cloud

Brazil Nota Fiscal version 3.1– (Part 3 of 6) On-premise solutions force you to monitor, design and implement all Nota Fiscal issues. Managed Services offer economies of scale that can reduce annual support costs by 80 percent. Top 5 Reasons Why Companies are Using Brazil version 3.1 to Transition off of on-premise solutions in to Managed Service...

07 January 2014 /regulation