Management

Management (228)

New Laws Designed To Encourage E-Invoicing, Reduce Use Of Paper

EUDespite how much easier it is to manage invoicing and receivables electronically, countless companies worldwide continue to rely on manual processing. That means money wasted on paper, envelopes, stamps and labor. Read more...

Time To Cry For Argentina: Government Cracks Down On Foreign E-Commerce

argentinaIn a determined effort to keep Argentinean money within its own borders, the government recently issued new restrictions limiting citizens to two purchases of goods from foreign e-commerce web sites annually. Not only that, the new laws limit the value of foreign goods Argentineans may buy through the Internet at $25 per year. Read more...

Mandatory E-Invoicing Imminent In Chile

ChileChile, the first nation to introduce electronic invoicing ten years ago, is taking it one step further. Starting November, 2014, e-invoicing will transition a prescribed business tool to a mandatory one. The new system combines aspects of the batch-oriented folio method utilized in the Mexican CFDI model with real-time communications, as is the norm in Brazil and Argentina. Read more...

Mexico Says “No Mas” To Printed Invoices

mexico-mapIt was not an April Fool’s joke when printed invoices became outlawed in Mexico as of April 1. The move was designed to force the nation’s businesses, both large and small, to adopt electronic invoicing techniques. Read more...

Electronic Invoicing Laws In Latin America Are Ever Evolving

Latin-america-map-259x300The rules regarding electronic invoicing (e-invoicing) in Latin America are both constantly changing and different than anywhere else in the world. Brazil utilizes Nota Fiscal, Mexico mandates CFDI, Argentina elects for eFactura while Chile count on DTE. While the laws pertaining to e-invoicing in those four nations share similarities, each country tweaks their e-invoicing laws on a regular basis. Read more...

Chile Mandates Electronic Invoicing by Year’s End

chile mapIf you’re associated with a multinational corporation that conducts business in Chile and generates revenues in excess of $4.2 million dollars annually, that nation’s new electronic invoicing requirements will affect you. That’s because Chile’s taxing authority recently announced that as of November 1, 2014, commercial invoices transmitted by such entities must be sent electronically. Not only that, they must adhere to a standard electronic format for approval. Read more...

Global Business, Trade Sanctions, and Taxation Affect Everyone

global trade mintJust when doing business on a global scale seemed to be getting more manageable there is an increasing number of signs that indicate gamesmanship is going to trump openness... sooner than later. If there was ever reason to understand the status of your supply chain, the time looks to be now. Here are some of the signals I'm watching. Read more...

Taxes and Legislation in South Africa and Mexico on E-Invoicing

invoice taxIt’s no April Fool’s joke that as of April 1, 2014, new tax regulations take effect in South Africa regarding electronic services. Read more...

Data That's Meant to be Shared

big-dataThe very nature of EDI and other forms of trading data is that it is to be shared. But as the volume of transactions grows, the details of individual transactions becomes less available. As trading transactions become part of what we now know as 'big data' the old tools to deal with these details simply are not sufficient to deliver meaningful information.

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Walmart's $250 Billion Push

walmartOver the last week or so there's been some angst about a new Walmart commercial featuring Mike Rowe - the "Dirty Jobs" guy. I watched the commercial and while I think I recognized the voice, there was no specific mention of or image of Mike Rowe anywhere. But that's really beside the point. The pitch is about Walmart's $250 Billion commitment to bring manufacturing back to the U.S. Read more...

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