Hybrid cloud platform selected to replace legacy on-premise solution for managing Mexico CFDI and Brazil Nota Fiscal compliance
November 3, 2014 (Atlanta, Ga.) – W.R. Grace & Co. (“Grace”), a global leader in specialty chemicals and materials, selected Invoiceware International to comply with e-invoicing regulations in Mexico and Brazil and streamline SAP® processes with its hybrid cloud platform, The Latin American Business Network. Combining the benefits of on-premise integration with the power of the cloud, Invoiceware International’s Latin American Business Network eliminates the burden of managing SAP modifications and maintenance internally. For Grace, this dramatically reduces the risks and costs of compliance with local regulations throughout Latin America.
Invoiceware International’s cloud platform offers a simplified compliance landscape, allowing changes in regulations to be implemented faster, with minimum business disruption. Through end-to-end daily process support and government integration within SAP, Invoiceware International eliminates the need to allocate resources to proactively monitor and respond to each country’s regulatory changes.
Invoiceware International’s leading Latin America Business Network enables clients to manage regulatory changes and maintain compliance because of the firm’s unmatched knowledge and expertise in working with all mandated countries in Latin America. In fact, Invoiceware International provides the only electronic invoice solution with a hybrid cloud approach, which limits the impact of the fiscal regulations on an end user’s global SAP ERP system.
Invoiceware International assumes all of its clients’ compliance concerns - from the unique integration requirements in each country to the complex SAP configurations. Further, despite the fluctuating regulatory updates in countries such as Brazil, Invoiceware International provides daily support of processes and solution updates to its customers at a single fixed cost.
“We selected Invoiceware International because they provide a single solution to handle our regional requirements including Brazil Nota Fiscal and Mexico CFDI. Their solutions are specifically tailored to multinationals managing a global SAP ERP landscape,” said Director of Enterprise Applications Srini Vanga.
“Often, our clients’ biggest challenge in the compliance landscape is understanding the constant changes to differentiated regulations within each country in Latin America – and then making the necessary solution updates,” said Scott Lewin, President & CEO, Invoiceware International. “Rather than maintain the SAP GRC Nota Fiscal Electronica infrastructure and make the necessary updates to issue electronic invoices (NF-e) internally, our clients partner with Invoiceware International to lower ongoing maintenance costs and focus our internal resources on global innovation instead of constant regional changes to the SAP ERP system.”
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.
Built on talent, technology and trust, Grace is a leading global supplier of catalysts; engineered and packaging materials; and specialty construction chemicals and building materials. The company's three industry-leading business segments – Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products – provide innovative products, technologies and services that improve the products and processes of our customer partners in over 150 countries around the world. Grace employs approximately 6,500 people in over 40 countries and had 2013 net sales of $3.1 billion. For more information visit grace.com.