[REPLAY] Account Payables: Latin America E-Invoicing Drives Supply Chain Finance Adoption

May 29, 2015 Karen Marchione

Listen to the webinar replay to learn how you can eliminate top audit risks in Latin America, and free up cash flow at the same time by automating internal processes.

SCF_webinarIt’s no secret that the risk of non-compliance with Latin America’s strict business regulations is severe. Errors can mean fines of up to 150% of the tax value on invoices in violation, which can equate to millions in penalties. The good news is that there are hidden benefits to the streamlined Accounts Payable operations made possible by compliance requirements throughout Latin America.

 

During this webinar you will learn how to:

  • Lower AP Processing Costs by 50%: Increase employee productivity due to “straight-through processing” allowing team members to focus on value add versus data entry
  • Ensure Tax Deduction Accuracy: Automation solutions ensure all IVA tax credits are backed up by valid supplier XML avoiding punitive local fines of upwards of $3,000 dollars per incorrect invoice and avoiding FCPA (US Government accounting provision) audit risks
  • Improve Working Capital Optimization: Finance executives can take advantage of the government standardization to increase free cash flow upwards of $50 to $100 Million dollars over a 3 Year period across the region
  • Drive Supply Chain Stability: Ensure your supply base has access to needed capital. A financial failure of a supplier in the emerging market can disrupt production and your end customer deliveries.

 

Listen to webinar replay

 

 

 

 

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