A SuiteApp? I’m sure if you’re involved in the NetSuite ecosystem you’ve heard this concept and how they help extend the power of Oracle NetSuite, but what are these solutions and how do they work? Well in the same way as the apps on your smartphone with its operating system.
Want to know more? Find out in this blog all about SuiteApps and how one of these, the LatamReady SuiteApp, will be coupled with Oracle NetSuite to help overcome all the full tax compliance challenges in Latin America.
What is a SuiteApp?
As mentioned in previous paragraphs, a SuiteApp works in the same way as an application within the operating system of your cell phone, only that it runs within Oracle NetSuite Cloud ERP.
Through them, companies that use NetSuite will be able to “add” solutions to that software extending its power to cover the needs that appear as a company grows and expands.
What is the LatamReady SuiteApp?
There are apps for everything! Ordering food delivery for when we are hungry, contacting business people, opening our emails from wherever we want… In the same way, there are multiple SuiteApps with varied, specialized and excellent quality functions such as the LatamReady SuiteApp.
That’s right! With the LatamReady SuiteApp companies will have the power to unlock Latin America to grow their business with a solution that operates 100% within Oracle NetSuite Cloud ERP, “Built-for-NetSuite”, which means that all the tax compliance solution will work natively within NetSuite.
The reason for developing this SuiteApp was the need for companies using the ERP to simplify their tax compliance processes in various Latin American countries, since, unfortunately, each country has very different tax regulations and structures.
The LatamReady SuiteApp has the following features:
- Electronic Invoicing
- Tax Determination and Tax Information Reporting
- Tax Rules and Tax Calculation
- Electronic Payments
- Inventory Items Tax Calculation
Learn about the challenges you would be able to overcome with this solution here.
Conclusions
So, now we know that…
- A SuiteApp is a native solution that runs within the NetSuite system itself, extending its power.
- These are varied: they can be “built in” depending on the needs of the companies.
- The LatamReady SuiteApp is a Built-for-NetSuite SuiteApp that facilitates full tax compliance for more than 18 countries in Latin America thanks to its 5 features.
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 with the LatamReady SuiteApp and LatamDojo!
We want YOU to become the expert! That’s why we have a surprise for you: 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 the LatamReady SuiteApp.