Did you know that e-invoicing is becoming mandatory across all Latin American countries? This means that international corporations doing business in the region must master E-invoicing rules and regulations. Luckily, for NetSuite users, there is a solution!
You know the answer, but if you like a little suspense… Keep reading this article!
E-invoicing in Latin America
One of the main obstacles companies must face when entering the Latin American market is electronic invoicing but… what is this?
E-invoices are generated by an electronic communication system that guarantees its legal validity and integrity.
Also, we know that the generation and issuance of invoices vary according to each company. There are different ways and frequencies in which companies issue their invoices, such as:
After issuing their e-invoices, companies must send these to tens of thousands of customers.
As we said before, this process is becoming mandatory in every Latin American country. Luckily, for NetSuite-using companies there is a way to simplify all the e-invoicing processes by connecting their own Oracle NetSuite Cloud ERP with the sales platform of customers and, even, sending them within the same system.
NetSuite for e-invoicing in Latin America?
Yes! It’s possible within NetSuite! How? With the LatamReady App.
This app has the ability to generate e-invoices in a matter of seconds within NetSuite. Furthermore, LatamReady can produce these documents in mass quantities per month, saving cost, time and effort.
With this solution, NetSuite is able to support different versions of electronic invoices issuance, developed for different types of business and countries in Latin America such as:
To achieve this, LatamReady has partnered with local leaders in electronic invoicing, which are outsourced as a local billing ‘engine’. In this way LatamReady is in charge of supporting the solution including the local outsourced partner all within NetSuite.
Now you know why more and more big international corporations using NetSuite are turning to LatamReady to produce and send e-invoices in Latin America.
Conclusions
So, now we know that…
- E-invoices are one of the main obstacles companies must face when entering the Latin American market. These are legal requirements necessary to make documents on any commercial transaction.
- Through e-invoices companies guarantee the legal validity and integrity of their operations. This process is becoming mandatory in every Latin American country.
- For NetSuite-using companies, the LatamReady App is the solution because it’s capable of simplifying all the e-invoicing processes by connecting their own Oracle NetSuite Cloud ERP with the sales platform of customers and, even, sending them within the same system.
- This app has the ability to generate e-invoices in a matter of seconds within NetSuite and is able to support different versions of electronic invoices issuance, developed for different types of business and countries in Latin America.
How does LatamReady power up Oracle NetSuite?
Do you already trust the power that Oracle NetSuite Cloud ERP brings to your company? Then you would love to extend its power by unlocking any Latin American country with the LatamReady App.
Why LatamReady?
We are the #1 Oracle NetSuite partner in Latin America that, through the best ERP worldwide, will help you adapt to changes and grow your business.
Why should you choose us? Find out here.
Become a NetSuite expert in the LatamReady solution in our LatamDojo!
We want YOU to become the expert! That’s why we have a surprise: an e-learning platform (for our customers only) known as LatamDojo.
But… What is LatamDojo? What does it offer? Why should I use it? Here are the answers!
Chart a bold new path by adopting modern solutions for tax compliance challenges in Latin America with LatamReady.