Regulatory compliance laws in Brazil have been changed early in 2010, mandating the replacement of the traditional hard-copy nota fiscal (traditional paper invoices) with an electronic invoice, the NF-e. The first round of regulations, NF-e 1.0, detailed a new real-time compliance process, requiring companies to send digitally signed original invoices to the Ministry of Finance (SEFAZ) in a specific XML format for review and approval before shipment. With the NFE 2.0 regulations, Brazilian companies need to face a second wave of regulatory changes that adds more reporting requirements.
Crossgate’s B2B 360 Services and e-Invoicing Network allows companies to comply with government regulations in 38 countries including Mexico, Brazil, Argentina, Chile and the European Union.
Most recently, Crossgate has released a new e-invoicing solution looking to provide real-time compliance with newly announced regulations by Mexico’s Servicio de Administración Tributaria (SAT).
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