Brazil and Mexico were both at the forefront of changing requirements last year. Brazil expanded its business-to-government mandates from e- invoicing to requirements that affect accounting, inventory management and personnel while Mexico introduced significant expansions of their e-invoicing and tax legislation through eAccounting requirements.
As we embark on 2016, we will take a look at substantive changes coming in Brazil and Mexico in 2016. Listen to the webinar replay to learn more about Mexico and Brazil including:
- Key considerations when Mexico Amparo expires and companies are required to provide eAccounting reporting retroactively
- Fundamental changes to operational process to submit monthly inventory and production reports per Block K requirements
- A significant shift in the way companies need to document and process information on their labor force through eSocial requirements
- The likelihood Brazil ramping up audits and penalties this year with 5 years of Nota Fiscal data to provide visibility.
Requirements change rapidly in Mexico and Brazil, and many companies do not realize all of the business process impacted by these mandates. Don’t underestimate the work involved in maintaining compliance and miss opportunities for the operational innovations these mandates present.