LatamReady Announces New Tax Compliance Solutions to Help International Corporations Grow in Brazil, Mexico & 18+ Latin American Countries with NetSuite

New Tax Compliance Solutions Help US, UK & International NetSuite Customers Unlock Their Potential in Brazil, Mexico, Colombia, Chile, Argentina, Peru, Bolivia, Ecuador, Costa Rica, El Salvador, Panama, Paraguay, Uruguay, and more! 

MIAMI— May 07, 2020

LatamReady today unveiled an impressive arsenal of new tax compliance solutions to help international corporations running NetSuite drive growth and increase revenue in 18+ Latin American countries. 

The announcement, made by LatamReady CEO and Founder Carlos Zumaeta, is a clear sign the growing company continues to be a major player in the tax compliance space throughout Latin America. 

“Many international corporations running NetSuite try to enter the Latin American marketplace without the right set of tools. Inevitably, they trip over the complex tax compliance regulations found in Brazil, Mexico and across the region,” said CEO Carlos Zumaeta. “The LatamReady SuiteApp is the key to unlocking success with NetSuite in Latin America.”

Founded in 2009, LatamReady has been working hand in hand with NetSuite for over a decade, providing quality solutions to some of the leading global corporations with operations in Latin America. 

As a 100% cloud-based company with over 10 years of experience as a certified NetSuite partner in Latin America, LatamReady is perfectly positioned to help big international companies achieve sustained success throughout the Latin American region in the coming years. 

Below, LatamReady CEO Carlos Zumaeta. shares more on his growing company’s latest innovations and how international corporations using NetSuite in Latin America can benefit from the LatamReady SuiteApp

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The Ultimate Tax Compliance Tools for NetSuite in Latin America

The new and updated tax compliance tools announced today by LatamReady have been developed specifically to help international corporations running NetSuite with subsidiaries in Latin America.  

“The LatamReady SuiteApp simplifies and automates complex back-office accounting processes, saving valuable time and money that can be reinvested in developing new strategies for growth,” said CEO Carlos Zumaeta. “Our innovative Built-for-NetSuite SuiteApp is the only tax compliance solution certified by NetSuite that operates in 18+ Latin American countries.”

The latest version of the LatamReady SuiteApp includes all the following features: 

  • LatamTaxLatamReady‘s exclusive technology for supporting withholding taxes requirements in Brasil, Mexico and all of Latin America from within NetSuite.
  • LatamHub — Automatically integrates legal exchange rates on a daily basis.
  • LatamTools — Automation tools to eliminate errors
    • LatamReady Initial Data Cleansing — Cleans initial data, including local tax compliance fields, before CSV files are imported during the implementation project. 
    • LatamReady Configuration Scanner — Reviews if NetSuite and LatamReady SuiteApp configurations are correct, or if they need to be reviewed or corrected. 
    • LatamReady Data Quality Scanner — Reviews daily data to ensure compliance with local tax rules.
  • Legal Ledgers Feature — Expands NetSuite capabilities to support legal ledgers in Brazil for services and inventory items
  • E-Payments Feature — Expands NetSuite’s E-Payments feature to work with over 50 local banks in Latin America. 
  • Inventory Items Tax CalculationLatamReady has partnered with Brazilian tax intelligence company Systax, a leading local tax engine calculator that automatically updates sales tax rates into NetSuite transactions.

As of 2020, over 150 international companies with operations in Latin America rely on the LatamReady SuiteApp to achieve full tax compliance in 18+ Latin American countries, including: 

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Now Offering Local Support from Sao Paulo

LatamReady recently welcomed a new NetSuite team aboard in Brazil, which will operate locally in Sao Paulo — the epicenter of the Brazilian economy. 

“Our diverse team of NetSuite experts know how to work directly with decision-makers in the U.S. and Europe, as well as local NetSuite users in Latin America,” said CEO Carlos Zumaeta. “When international corporations work with LatamReady, they never have to worry about communication breakdowns or key messages being lost in translation.” 

With their headquarters in Miami, Florida and operations in Lima, Peru and now Sao Paulo, Brazil, the LatamReady team members provide outstanding customer support in fluent English, Spanish and now Portuguese.

By expanding their physical footprint into Brazil, LatamReady is also ensuring that their team members are on the ground in the same time zones where important NetSuite projects are taking place. This is a clear advantage for international corporations with multi-Latin operations, as the LatamReady team is readily available to field questions or handle issues that may arise for projects across the entire Latin American region. 

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Tackling E-Invoicing with NetSuite in Latin America 

One of the greatest accounting challenges international corporations face when expanding into Latin America is managing electronic invoices. In Brasil, for example, many companies still struggle to keep up with the country’s complex E-invoicing requirements, even though the country’s E-invoicing system has been in place for over 10 years. 

“It is impossible to do business in Latin America without properly managing E-invoicing, but easy solutions have been difficult to come by — until now,” said CEO Carlos Zumaeta. “With just a few clicks, the LatamReady SuiteApp produces pixel-perfect E-invoices from within NetSuite for Brasil and many other Latin American countries.”  

More and more big international corporations using NetSuite are turning to the LatamReady SuiteApp to produce and send E-Invoices in Latin America. Businesses can choose from 3 separate versions depending on their unique needs: 

  • 1-by-1 — Generate and send one invoice at a time
  • Bulk — Generate and send up to 200 invoices at a time
  • Unlimited — Generate and send high volumes of E-invoices as needed

The LatamReady SuiteApp’s E-invoicing feature is even integrated via Boleto Bancario to all major Brasilian banks, paving the way for fast and secure E-invoicing processing in Brasil.  

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Partnered with the Best Local E-Invoicing Supplier in Brazil 

LatamReady has also established a web services connection with OOBJ, a recognized local E-invoicing supplier in Brazil certified by and connected directly to the local tax agency. 

Thanks to the strong partnership between LatamReady and OOBJ, international companies using the LatamReady SuiteApp do not have to worry about finding additional E-invoicing support in Brazil. 

Instead, they can rely on one single point of contact: LatamReady

“By creating strong partnerships with local players like OOBJ, LatamReady is able to offer the most robust and reliable E-invoicing function within NetSuite in Latin America,” said CEO Carlos Zumaeta. “With the LatamReady SuiteApp, businesses can trust that their E-invoices are always accurate and conform to the latest regulations.”

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LatamReady Offers NetSuite E-Learning Opportunities 

The current crisis has shone a spotlight on the importance of remote education and training. Companies can no longer hire consultants to fly to different countries to oversee NetSuite training onsite. 

Fortunately, LatamReady is uniquely equipped to still provide international companies rolling out NetSuite in Latin America with the support services and training their local NetSuite users need. 

“Companies are being forced to rethink how to roll out NetSuite projects in Latin America, including how to train their local workforce,” said CEO Carlos Zumaeta. “With LatamDojo, local users in Brazil, Mexico and across the Latin American region can learn to master NetSuite in their native language.”

Every LatamReady client is provided access to LatamDojo, the company’s exclusive E-learning platform. LatamDojo contains essential online NetSuite training courses and Latin American tax compliance courses in Spanish, Portuguese and English. 

As a cloud-based E-learning platform, employees can access LatamDojo anywhere they have an internet connection, including from their homes.

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Unparalleled Network of Online NetSuite Resources

LatamReady today also highlighted their robust network of NetSuite resources, which includes webinars, demos and more. 

“As the leaders of tax compliance with NetSuite in Latin America, we have the knowledge and the capacity to develop and share valuable resources with our partners and clients,” said CEO Carlos Zumaeta

Some of the most popular LatamReady platforms include: 

  • NetSuite in Latin America Demos: Detailed demos provide step-by-step guidance regarding mandatory taxation fields within NetSuite for Latin American subsidiaries.
  • LatamZone — Watch NetSuite in Latinoamérica webinars, presented by a specialized team for each topic. You don’t want to miss what they have to say!
  • LatamReady Blog: Contains all the latest news and tips regarding mandatory tax compliance regulations in Latin America. Updated frequently, so check back often! 
  • LatamReady YouTube Channel: Hit subscribe so you never miss a new video about taxes and Oracle NetSuite in Latin America. Watch from anywhere, even on your phone!
  • LatamReady on LinkedIn: Connect on LinkedIn to stay up to date with the latest developments and special offers.  

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Is the LatamReady SuiteApp Right for Your Company? 

If you lead an international company using NetSuite and are considering rolling out projects in Latin America or scaling up in the region, consider the following: 

  • With over 10 years of experience, 100+ NetSuite experts, and 150+ projects successfully completed, LatamReady is the biggest and most experienced team of experts for NetSuite in Brasil, Mexico and the entire Latin American region. 
  • LatamReady provides a single point of contact and project support in English, Spanish and Portuguese. 
  • The LatamReady SuiteApp operates 100% in the cloud and is “Built-for-NetSuite,” meaning our tax compliance solution is certified by and works natively inside NetSuite
  • As a 100% cloud-based company, LatamReady knows how to provide contactless NetSuite implementation and work efficiently by utilizing digital tools and platforms such as, Google Meet and Google Suite.
  • LatamReady goes above and beyond the standard release schedule for certified SuiteApps by incorporating a new set of legal updates each month — resulting in 12 new SuiteApp releases each year. 

“Our innovative tax compliance solution is the ONLY SuiteApp certified by NetSuite that works in 18+ Latin American countries,” said CEO Carlos Zumaeta. “Take your company to the next level of success in Brazil, Mexico and across Latin America by partnering with LatamReady.” 

Contact LatamReady here: or call a LatamReady sales reps at +1-786-600-2641 today to get the ultimate tax compliance solution within NetSuite in Latin America. 

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LatamReady | Get the Ultimate Tax Compliance Now!

Learn About NetSuite Online in Portuguese, Spanish and English 

LatamDojo | E-Learning Platform for NetSuite in Latinoamérica


Published by LatamReady: Oracle NetSuite Partner

Founded in 2009, we have over a decade of experience implementing Oracle NetSuite in multiple industries and helping international corporations unlock growth with the LatamReady SuiteApp, an integrated Tax Compliance solution within Oracle NetSuite for 18+ countries in Latin America, including Brazil, Mexico, Colombia, Chile, Peru, Argentina and more!

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