- Software integration
- E-billing (B2C)
- Software integration
- Digital signatures
- Traditional EDI
- Pay per use
- Service provider
- Large companies
- Public organisations
“The the way e-invoicing in Chili operates is the most successful among all countries sharing this model”
Check out Ricardo Pizarro, Head of Taxpayer Support and Assistance and IRS spokesperson on all electronic invoicing-related issues in Chile, to find out his take on the process. What’s your opinion.
The Uruguay General Tax Directorate (DGI) calculates that the growth rate of e-invoicing in the country last year was around 24%. For 2015 the figure is expected to rise to 50%. These figures would make Uruguay one of the top 10 states in e-invoicing internationally.
With the SII (Suministro Inmediato de Información) system, taxpayers must submit details of invoices issued and received to the Tax Agency no later than 4 days after each billing. This means that the “record books” will be managed through the Tax Agency website.
Costa Rica was one of the first countries in Latin America to roll out electronic invoicing, along with Mexico, Guatemala and Brazil. However, unlike them, Costa Rica hasn’t made e-invoicing mandatory yet. This november, Director of Taxation, Carlos Vargas stated in the newspaper El Financiero, that electronic invoicing may become mandatory in 2015”.
E-invoicing is expanding rapidly worldwide. According to Billentis, this year roughly 40 billion invoices will be exchanged in this format. Of these, more than half, about 25 billion, correspond to Latin America. Time to take a look at the situation in Mexico, Brazil, Chile, Guatemala, Uruguay, Ecuador, Argentina, Peru and Costa Rica….
Expert Analysis: FACTURAE 3.2, Technical Requirements for General Entry Points for E-Invoices (PGEFe)
A resolution published in the Official Gazette last October sets out the technical requirements for general entry points for electronic invoicing. In this Expert Analysis, EDICOM Pre-sales Manager Miguel Soler analyses the implications of these requirements for Public Administrations and their providers.
A market report authored by Bruno Koch of Billentis, a globally recognized industry analyst in the e-invoicing space, examines the global opportunities for electronic invoicing / electronic billing in 2014. The market is expected to grow at 20-25% in the coming years. Companies considering e-invoicing solutions can use this report to find the best model for themselves and a suitable solution.
Switzerland is the latest European country to announce the roll-out of e-invoicing. As of January 1, 2016, Suppliers to the Federal Administration holding contracts with a value equal to or greater than 5000 CHF will be obliged to use this new system.
January 1, 2015 is the next important date scheduled in the e-invoicing rollout schedule in Ecuador. Although this system has been operating on an optional basis since 2012, this year the Internal Revenue Service (IRS) issued a ruling making it compulsory for different taxpayer groups, with the aim of expanding its use to increase cost savings and combat tax evasion.
The partnership enables TAXCOM to distribute solutions EDICOM’s electronic data interchange solutions in service mode. The idea is direct integration of a client companies’ management systems with the ASP platform of EDICOM, without the need for costly investments in hardware and software.