Archive for Invoice Automation

Shipping issues compound with changing Latin American e-invoicing requirements

November 15, 2015  |  Compliance, Invoice Automation, Latin America

E-invoicing significantly affects logistics and supply chains operations as well. If managed ineffectively, it can leave trucks parked for days or force buyers to refuse shipments, halting business operations.

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The cost of compliance: 2016 penalties and mandates in Latin America [Webinar replay]

LATAM fines and penalties can quickly add up. For example, a company that’s missing 10,000 invoices from its electronic archives in Brazil (which is not uncommon) could be facing fines of more than $1 million USD

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Invoiceware International Becomes Oracle PartnerNetwork Gold Level Partner

With its Gold status, Invoiceware International receives the benefit of being able to develop specializations that will allow them to grow their business, increase their expertise, reach higher levels of customer retention, and create differentiation in the marketplace.

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Palette continues expansion with new office to serve Norwegian market

The new office will open on 1 November with a team that has extensive experience of the purchase-to-pay sector. Sales in Norway will be conducted both directly and through specialist channel partners, following Palette’s strategy in other markets.

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Top Challenges When Doing Business in Peru

October 30, 2015  |  Invoice Automation, Latin America

Large multinationals can’t wait to implement the mandatory e-invoicing processes in Peru as of 2016 – libros reports are already due in January, requiring companies to submit 10+ e-accounting reports for sales, purchases and inventories.

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Successful annual SSAE16 (similar to ISAE3402) audit for Corcentric

Completion of the SSAE 16 examination indicates that critical Corcentric application and data management, operational processes, procedures, and internal controls have been formally evaluated and tested by an independent auditing firm.

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Three recent Basware deals, worth over EUR 6 million

Basware signed e-invoicing and purchase-to-pay deals with a North American manufacturing company, a North American health care corporation, and Finnish corporation in the energy and ICT industry.

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Palette raises capital for continued international expansion

Leading purchase-to-payment solution provider secures investment from Monterro 1 as company targets expansion into new markets and further business growth

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OpusCapita inks deal with Fortaco Group

OpusCapita’s international service centers will take care of the dispatch and receipt of invoices, management of accounts payable and receivable, travel expenses management, fixed assets accounting and general ledger services

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Pagero approved “Best Practice” access point by Difi

An approved Best Practice access point fulfils Difi’s demands on best practice for file handling, registration of new recipients in Elma and providing relevant user information.

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