Invoiceware International, the leader in Latin American electronic invoicing and fiscal reporting, announces a record-breaking first half of 2015, with an 80 percent increase in business compared to the first half of 2014 and an on-going 100 percent client retention rate. Among the newest clients added to its roster are Pfizer, DSM NV and Tennant Company.
The World’s Fastest Growing Business Network
Today, Invoiceware operates the fastest-growing business network in the world, now processing over $84 billion annually on its platform for more than 80,000 companies. To fuel its growth, the company has doubled its staff to meet the significant market demand for its regional platform.
The company has also received several awards recognizing its technological and financial services innovations, including the Gold Stevie American Business Award for Financial Services Company of the Year, Atlanta Business Chronicle Pacesetter Award for Growth and Technology Association of Georgia Top 40 Award for innovation.
“Our significant growth proves that multinationals with operations in Latin America are looking for a regional partner to relieve them of the burden of compliance and reduce the risk of audits and fines,” said Scott Lewin, President and CEO, Invoiceware International. “Our approach is to stay ahead of these regulations and help companies realize the value in standardization – and our continued momentum and 100 percent client retention show that companies see the value of our platform.”
Meeting the Increasing Needs of Multinationals
In the first half of 2015, Invoiceware introduced a supply chain financing solution to help its clients take advantage of the standardization required throughout Latin America for electronic invoicing. This new solution automates the accounts payable process for buyers while providing suppliers greater access to liquidity, ultimately enhancing cash flow throughout the region.
To support recent regulatory changes in the region, Invoiceware expanded its support for required fiscal and financial reporting processes in Ecuador, Uruguay, and Peru. Multinational companies now look to Invoiceware to help them comply with the complex regulations across the entire LATAM region.
“Business-to-government compliance mandates are expanding at a rapid rate across the region and affecting multiple business processes – from accounting to HR. In just the last two years, such regulations have expanded from three countries to 10, and we expect that pace to continue,” said Lewin. “At Invoiceware, we help our clients proactively manage these regulations and turn complex mandates into opportunities for business efficiencies and growth.”
About Invoiceware International
Invoiceware International standardizes complex compliance regulations in Latin America for the world’s largest companies, including The Coca-Cola Company, Philips, Kellogg, DuPont and Siemens. As the largest regional business network, Invoiceware reduces the risk and cost of maintaining compliance, empowering its clients to capitalize on government standardized e-invoicing to improve supply chain efficiency and optimize cash flow. Invoiceware International is based in Atlanta with operations covering Brazil, Mexico, Chile, Peru, Colombia, Ecuador, Uruguay and Argentina. For more information, visit invoicewareint.com and follow @InvoicewareInt on Twitter.