Eventhough the latest NFe 3.1 deadline is approaching, there are still a lot of companies that don’t fully understand the required upgrades in Brazil. So in short, here is a quick overview of 3.10 requirements as well as what we are seeing from project length and staffing.
Today I was speaking with a Fortune 100 company who was looking at their Inbound Validation processes and trying to decide whether automation would be required. My answer was a resounding yes, but more often than not – I see multinationals doing the inbound validation of supplier and business partner XML through manual processes. I […]
I get a lot of questions on the differences between Latin America electronic invoicing in comparison to other regions of the world. And one of the confusing points for many people is the concept of “Contingency” – the question that comes up from many is – if I am forced to go electronic, why is […]
Value Added Tax (VAT) is the most prevalent type of consumption tax in the world. The tax is assessed on the sales or purchase price of merchandise or services. Most countries in the world have adopted VAT and apply VAT to both goods and services. In fact, some countries use the name goods and services […]
In a recent article, I discussed the concept of eSocial in Brazil – a new real-time integration requirement that will be focused on payroll taxes among other human resource issues. Well, Mexico actually has beaten Brazil to the market with the requirement of Electronic Payroll Receipts as of January 1, 2014. In Brazil, eSocial will […]
Legal requirements for invoicing are constantly changing in Argentina. While they are mandatory for some industries, others are still receiving future timelines from the Argentinean tax authority Administración Federal de Ingresos Públicos (AFIP). Today organizations need to consider solutions for Type E export invoices, as well as the regulations for domestic (Type A and Type […]
For the next installment on my series on: SAP Hybrid Cloud Proves Successful for Latin America E-Invoicing Compliance, I wanted to cover why you can’t rely solely on a pure managed service provider or 100% cloud provider for e-invoicing in Latin America. It is really important to understand there are 3 functional requirements to Latin […]
In follow up to my first article: SAP Hybrid Cloud Proves Successful for Latin America E-Invoicing Compliance Part 1, I wanted to go into further detail on why the Hybrid Cloud model is taking over as the leading solution choice for compliance across Latin America. Therefore, I am creating a series of blogs over the next weeks:
Important note: Up until 2014, the requirement to utilize electronic invoicing for domestic invoices in Chile was voluntary. This meant that you could transition to electronic invoicing, but if you did, you had to do it in a certain way that was managed by the government. However, you were not forced to do e-invoicing by […]
Over the last 5 weeks, we have explored the top 5 reasons why companies are switching off on-premise software solutions to cloud providers, more specifically hybrid cloud. Here is a quick recap of the key take-away elements as well as a review of why the selection of the best solution is imperative.
Philips Selects Invoiceware’s SAP Hybrid Cloud for Brazil Nota Fiscal SaaS-based solution replaces legacy on-premise Nota Fiscal software reducing annual maintenance costs by 80% while increasing productivity within the electronic invoicing operation by 25%
There is a lot of discussion around cloud versus on premise. And there are a lot of definitions for a new trend –“The Hybrid Cloud”. Some analysts will say that it is a Platform as a Service play – meaning that you can distribute processing over multiple data centers. However, my meaning in this series […]
Top 5 Reasons Why Companies are Using Brazil version 3.1 to Transition off of on-premise solutions on to Hybrid Cloud and Managed Service Solutions
With the recent publication of Council Implementation Regulation No 1042/2013 in the Official Journal of the European Union, we are reminded that the 2015 place of supply change for electronically supplied services is rapidly approaching. This leads us to ask many pressing questions. How will the supply of electronically supplied services be sourced, come January […]