e-Invoicing is mandated for all Mexican companies. Due to recent legislative changes, organisations can no longer self-generate electronic invoices but must send them through one of 77 authorised service providers, such as Buzón E. By becoming an OB10 reseller, Buzón E is introducing additional value to its fiscally compliant invoicing services by bringing touchless processing to Mexican companies.
By adopting e-Invoicing through Buzón E and OB10, Estafeta is setting a new standard for Mexican multinationals. Gerardo Pinto, Chief Financial Officer at Estafeta: “This is our opportunity to drive greater efficiencies into our processes, enhance our payment-on-time targets and improve relations with suppliers. We are proud to be the first Mexican buyer organisation on the OB10 network.”
Benito Celorio, Managing Director at Buzón E: “Electronic invoicing is more than just a regulatory requirement. Through our partnership with OB10, we can enable existing and future customers to eliminate invoice exceptions and manual intervention, and automate the process from invoice to pay.”
The enhanced partnership between OB10 and Buzón E demonstrates the combined level of commitment to improving purchase-to-pay operations in the region. Edmund Truell, Group CEO at Tungsten: “Governments around the world look to Mexico as an example of the real impact e-Invoicing can have on their economies. By working with Buzón E and Estafeta, we will show how both businesses and tax administrations can dramatically reduce cost and increase value through straight-through invoice processing.”