Archive for Latin America

Tradeshift partners with Invoiceware International to deliver compliant e-invoice validation in Latin America

Tradeshift and InvoiceWare International announced a partnership for guaranteeing compliance, supporting domestic and cross border invoicing, and providing automated three-way match to validate documents to Latin American businesses and multinationals.
The partnership allows enterprises on the Tradeshift platform to take advantage of the validation and compliance technology provided by Invoiceware International. Together, they provide a seamless solution by ensuring invoices exchanged with companies in these countries meet and abide the regulations.

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The legal basics of e-invoicing in Chile

Chile was one of the first movers in electronic invoicing and they have one of the more complex environments. The Chilean electronic invoicing model combines elements of the batch-oriented folio scheme used in the legacy Mexican CFD model along with the real-time communication as found in Brazil and Argentina.
Currently, there are 12 types of electronic fiscal documents, referred to collectively as “Documentos Tributarios Electrónicos” or DTE. Combined, e-invoicing in Chile has its merits

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Uruguay and Chile join EDICOM’s international e-invoicing platform

Edicom’s expansion in the American continent continues, extending their technical e-billing platform with the development of technical and legal solutions in line with Uruguayan and Chilean government requirements.
Their international electronic billing platform is now adapted to the scheme set forth by the Uruguayan DGI (General Tax Directorate). And the EDICOM international electronic invoicing platform has now been implemented with specific services for the generation, transmission and receipt of the DTE (Electronic Tax Document) from Chile.

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Brasil basics on inbound e-invoicing

The inbound process in Brazil is very complex because of the 3 types of invoices: F-e Goods, NF-e Service, and CTe – Transportation Invoices. The validation of all inbound supplier Nota Fiscals is mandatory.
Many vendors including the ERP vendors are not able to support the entire process – especially Service Invoices and CTe. One company had over 15 individuals manually entering supplier invoices into the government portal. Another company had over 20. You can automate and should automate this process. This is how….

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5 key considerations for SAP Brazil implementations.

Many companies in Brazil with SAP are either looking to consolidate legacy systems onto a centralized SAP system, or they are looking to transition Procure To Pay processes into a Shared Service environment. InvoiceWare wants to provide you with the key considerations for SAP Brazil implementations. Many of these are often overlooked during the discussion of bringing Brazil into the SAP or Shared Service process.

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Mexico is aiming for total electronic invoicing in 2014

Mexico is making two major changes this year to aim for total e-invoicing. The first one is termination of the CFD model and making CFDI adoption mandatory. This means that suppliers will no longer be able to create their own electronic invoices but will have to work with a service provider. The other one is reducing the minimum annual income level required for companies to comply with the Mexiacan e-Invoicing mandate is USD 150,000.

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Mexico is aiming for total electronic invoicing in 2014

Mexico is making two major changes this year to aim for total e-invoicing. The first one is termination of the CFD model and making CFDI adoption mandatory. This means that suppliers will no longer be able to create their own electronic invoices but will have to work with a service provider. The other one is reducing the minimum annual income level required for companies to comply with the Mexiacan e-Invoicing mandate is USD 150,000.

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Mexico eInvoicing: The Calm before the CFDI storm

As I was preparing to leave for the SAP Insider Financials conference on Monday of this week, I was welcomed by the transition into Spring. And in Atlanta, this means thunderstorms and flight delays. I couldn't help of think of this metaphor for what is about to happen in Mexico when the transition of CFD (legacy eInvoicing legislation) is replaced with the new CFDI legislation.

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Invoiceware Updates SAP Rapid Deployment Templates

Invoiceware International extends their SAP ERP Rapid Deployment Templates to manage Brazil’s new processes for Nota Fiscal cancellations, the entire eventos process to support Manifestação do Destinatário, the changes to the ICMS tax rate, and the Manifesto de Documentos Electronico used for internal shipping procedures.

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Large enterprises trust Edicom to handle their Mexican CFDIs

Edicom is an ACP in Mexico. An ACP is an Authorized Certification Provider and plays a vital role in the e-invoicing processes in Mexico. As an ACP Edicom validates the document created, certifies it and declares it to the country's tax authorities. So without them (and others), it’s a no-go if you want to e-invoice in Mexico.

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