75% of Latin American countries use electronic invoicing, either mandatorily or voluntarily. In Colombia, with the incorporation of the electronic invoicing mandate in 2018, the first phase of the process of massification of this system began. Even so, most Colombian companies do not comply with the requirements of the DIAN and are lagging behind, which generates millions of dollars in fines and possible cease of operations. This may be due to different factors such as:
1. Incorrect information is being requested at the POS.
2. Not acting with enough time in advance.
3. The technology is not sufficient for the level of operation.
4. Not having the corresponding and necessary support.
5. Among many others.
Register for this webinar with our experts, where you can learn how Sovos, with its more than 100 regulatory experts, support for over 19,000 tax jurisdictions and its world-class, award-winning cloud technology, can support you while making your processes more efficient and secure.