Archive for Latin America

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

Read More

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.

Read More

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.

Read More

SouthCo selects Invoiceware International for compliant e-invoicing in Brazil

SouthCo selected Invoiceware International’s NFe solution to ensure e-invoicing accuracy and seamless transmission to Brazil’s tax authority in order to maintain complete compliance and minimize the risk of shipment disruptions, fines and penalties.

Read More

Whitepaper: How finance can maximize tax deductions and increase cash flow

For financial executives new to Latin American business-to-government requirements, it may be tempting to write off compliance as a local issue to be managed by local IT and accounting teams. However, this approach leaves companies vulnerable to severe penalties and operational disruptions that can be felt throughout global companies.

Read More

Brazil 2016 SPED Requirements: Block K (Bloco K) Adds Complex Inventory and Production Reports

Not only do companies need to update their cost accounting practices – many of which currently lack the detailed information needed – they also have to ensure their reports and processes adhere to each variation in local requirements.

Read More

Pfizer selects Invoiceware International for compliant Uruguay DGI e-Invoicing and reporting mandates

Pfizer selected Invoiceware International because of its complete end-to-end solution, which effectively manages changing regulations and eliminates the burden of addressing SAP modifications internally

Read More

The rise of business-to-government compliance: Insights from PricewaterhouseCoopers

September 22, 2015  |  Electronic Invoicing, Government, Latin America

The big picture? Improved visibility into all financial transactions and increased automation help companies pave the way to the Holy Grail of cost savings and risk mitigation. The LATAM B2G e-invoicing mandates are helping to speed up this.

Read More

Business-to-Government compliance begins to penetrate HR processes

September 10, 2015  |  Compliance, Electronic Invoicing, Latin America

With the additions of personnel-related mandates, Mexico and Brazil are looking beyond VAT taxes and into payroll and income taxes in an increasing effort to ensure that they are receiving maximum tax revenue.

Read More

Improved Cash Flow Realized from Business-to-Government Compliance

September 9, 2015  |  Latin America, Legal, Supply Chain Finance

While Latin America is the current hotbed for such legislation, similar mandates are cropping up worldwide as countries prove the effectiveness of financial legislation in maximizing tax revenues.

Read More