21 September 2014

Electronic invoicing

A discussion and guidance on the path to full scale adoption of electronic invoicing by corporates, goverments, SME's and consumers, creating savings up to € 60 billion in 2020. With a focus on: trends, business models, processes, technology, and legal issues.
Steve SpragueInvoiceware International - Marietta

Supply chain finance takes hold in Latin America

09 September 2014  |  1197 views  |  1  |  Recommends 0

Supply chain finance is a method of business transaction that's gained notoriety and popularity among entrepreneurs. There are three core elements to SCF - a supplier, buyer and financial institution. With each relying on the other, the ultimate goal is to optimize the relationship between the supplier and the buyer through a series of collaborat...

TagsTransaction banking
Steve SpragueInvoiceware International - Marietta

Mexico's e-invoicing system paying off for government

04 September 2014  |  1273 views  |  0  |  Recommends 0

It's been a year of heightened regulatory scrutiny for Latin American business owners, as laws are now on the books that require entrepreneurs to establish an electronic invoicing system. Thus far, it's turning out to be a program that's paying off for governments, most notably in Mexico. Through the first six months of 2014, for every peso that...

TagsRisk & regulation
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Steve SpragueInvoiceware International - Marietta

Latin American countries dominate retail growth

27 August 2014  |  921 views  |  0  |  Recommends 0

While the U.S. may be seen as the world's hub for all things retail, a recent report suggests that this title may be a better fit for one of several countries in Latin America - if not the region as a...

Steve SpragueInvoiceware International - Marietta

Mexico tax authority mandates e-accounting records

07 August 2014  |  1360 views  |  1  |  Recommends 1

Let the audits begin. I have always stated that the sole reason for a government to mandate electronic invoicing across the business community is to reduce tax evasion. As in other Latin America cou...

TagsRisk & regulation
Steve SpragueInvoiceware International - Marietta

Chile EInvoicing - Don't Forget the Readiness Declaration

23 July 2014  |  1966 views  |  0  |  Recommends 0

With Chile’s electronic invoicing mandates set to take effect in only a few short months, it is important to understand that your solution selection criteria should include more than just the DTE conn...

Steve SpragueInvoiceware International - Marietta

3 Ways to Capitalize on Latin America E-Invoicing

09 July 2014  |  1195 views  |  0  |  Recommends 0

It is not all about risk when dealing with Latin America compliance. We still need to remember that there are huge profit potentials in this ever growing region and business will continue to expand. ...

TagsRisk & regulation
Steve SpragueInvoiceware International - Marietta

3 Reasons You Could Fail an Audit in Latin America

11 June 2014  |  1095 views  |  0  |  Recommends 0

Often in these articles, I describe the business process – but I wanted to look at Latin America E-Invoicing from an audit risk point of view. Often when we look at the issues, our IT teams think abo...

TagsRisk & regulation
Steve SpragueInvoiceware International - Marietta

Mexico Fraudulent Invoices Cost CitiGroup 235 Million USD

29 April 2014  |  3996 views  |  0  |  Recommends 0

Do you Know your Exposure? Electronic invoicing in Latin America is not just about operational issues, it is about risk and financial exposure. Recently, Citigroup, Inc. announced that fraudulent in...

TagsRisk & regulation
Steve SpragueInvoiceware International - Marietta

Mexico E-Invoicing Rescue Projects Start After 3 Months

18 April 2014  |  4358 views  |  0  |  Recommends 0

In Mexico, many organizations implemented non-integrated solutions provided by local signature providers. Now after the first 3 months, the problems we were alluding to are starting to show up. In m...

Steve SpragueInvoiceware International - Marietta

Chile November 1 E-Invoicing Mandate - Key Check List

03 April 2014  |  3845 views  |  0  |  Recommends 0

The Chile SII officially published the electronic invoicing mandate in the Official Gazette, mandatory use of the Electronic Tax Document (DTE). The rollout will take place over 3 years and will be...

TagsRisk & regulation
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