Often in this blog on Latin America, we discuss the mandates and what companies have to do in order to stay in compliance and avoid fines. However, there are benefits to the Latin American model for corporations, not just governments. Process efficiency around the MIRO/MIGO processes in SAP is always a conversation that comes about during discussions of inbound processing. This process flow is often unique to organizations who have specific terminology or business practices; however, country e-Invoicing legislation, especially in Brazil and Mexico open up new possibilities that could not have been achieved previously.
The standardization of the invoice format by the government in Brazil is the key to the rise of this opportunity. Because the Brazilian government decided to add the PO number and line item information to the invoice, organizations have a unique possibility to accelerate and simplify their MIRO/MIGO processing. Remember, that all of your suppliers must make the XML available to your organization. This is often done via email in Brazil, but it can also be in the form of a direct connect communication protocol such as AS2, SFTP or a Web Service. Also, remember that this XML invoice must be approved by the government and its paper representation (DANFe) must be on the truck prior to shipment. This helps to ensure two things:
Because of the detailed information available, organizations operating in Brazil should be looking at how to simplify their receiving, returns, and payables processing.
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