Regional compliance solution provides Airbus Helicopters’ subsidiary complete compliance with Brazil’s latest e-invoicing processes
Atlanta, GA (PRWEB) February 09, 2015
Invoiceware International, the leading Latin American compliance solution, announced today that Helibras, a subsidiary of Airbus Helicopters, will utilize Invoiceware’s Hybrid Cloud solutions to meet the latest regulation requirements in Brazil. Brazil’s NFe version 3.10, the largest change to Nota Fiscal (NFe) since 2010, requires companies to update their systems for issuing e-invoices by March 2015. This expansion of Helibras’ partnership with Invoiceware is based on the time and cost efficiencies the company has realized with its previous compliance initiatives across Brazil.
“In searching for a solution that would streamline our processes, we knew we needed a partner with proven accountability to eliminate the task of constantly monitoring regulation deadlines,” said Eder Ramos, Accounting Manager, Helibras. “With Invoiceware, we’ve seen a qualitative increase in our productivity and become much more efficient, with the ability to share information seamlessly across the organization.”
Since 2012, Invoiceware has implemented electronic compliance processes for Helibras for goods, services, and commercial transport documents in Brazil. Helibras chose to expand their compliance solution with Invoiceware after experiencing a 50 percent reduction in time spent processing invoices internally. Since the partnership began, Invoiceware International has implemented the following solutions for Helibras:
- Nota Fiscal for Goods (NFe): In 2012, Invoiceware began deploying electronic invoicing processes to meet Brazil’s 2012 regulation regarding electronic invoices for the sale of goods. Each month, Helibras processes approximately 1,000 e-invoicing transactions through Invoiceware’s Latin American Business Network.
- Commercial Transport Documents (CTe): In August 2013, Invoiceware implemented electronic transfer of transportation documents in order to meet Brazil’s December 2013 deadline for the collection and validation of these records. Invoiceware facilitates 700 CTe’s on average each month for Helibras.
- Nota Fiscal for Services (NFSe): In June 2014, Invoiceware completed nota fiscal for services compliance for Helibras in order to meet Brazil’s electronic invoice requirements for services, a complex regulation since each city can have different systems and information requirements.
About Invoiceware International
Invoiceware International is the leader in Latin American electronic invoicing and fiscal reporting, providing solutions and services that reduce the risk and cost of maintaining compliance across the region for the world’s largest companies, including The Coca-Cola Company, Philips, Kellogg, DuPont and Siemens. Its proprietary Compliance Network, a hybrid cloud platform, delivers financial and supply chain managers the regulatory processes that they need while eliminating ERP configurations and customizations for IT staff. A single connection to the network simplifies the mandates, implementation and ongoing change management associated with regulations in Latin America, including Brazil Nota Fiscal, Mexico CFDI, Argentina AFIP, Chilean DTE, and Ecuador. Learn more at Invoicewareint.com and by following @InvoicewareInt.
Operating in Brazil since 1978, Helibras is the subsidiary in Brazil Airbus Helicopters (before Eurocopter) belonging to Airbus Group. The company has interests in almost 50% of the Brazilian fleet of turbine helicopters, with facilities in Atibaia (SP), Brasilia, Itajubá (MG), Rio de Janeiro and Sao Paulo. The company has 800 employees, producing and customizing many aircraft that meet the civil, government and military segments. In 2013, Helibras recorded revenues of R $389 million. Currently Helibras is the fourth pillar of global production of Airbus Helicopters, with France, Germany and Spain. Helibras has become one of the pillars of the group, after the issuance of the certification level 1 given to the company’s plant in Itajubá, which has capacity for 36 light aircraft and 8 heavy aircraft per year. For more information visit helibras.com.br.