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Sovos Acquires Top Latin American Compliance Solution

Posted on June 08, 2016

Today, we announced plans to acquire Invoiceware International, the most complete solution for e-invoicing and fiscal reporting in Latin America covering Brazil, Mexico, Argentina, Chile, Ecuador, Uruguay and Peru.

We’ve heard consistently from our clients that Latin America is an increasingly important region and rapidly becoming the most complex regulatory environment in the world. A wave of electronic invoicing and fiscal reporting mandates has led to disruptive real-time electronic audits.

In our search for a solution, we found only one company with the capabilities to help our clients throughout Latin American – Invoiceware. By adding Invoiceware to our global tax and reporting compliance platform, we give businesses in the region the ability to:

  • Use one platform for all mandated countries
  • Eliminate operational shutdowns and shipping delays in the region
  • Increase employee productivity by up to 40%
  • Minimize local and FCPA audit risk
  • Optimize cash flows in the region

Our goal is to provide software solutions ahead of regulatory change. Not only does Invoiceware provide a big advantage to our clients in Latin America but it adds an expandable solution for e-invoicing and e-audits, which are becoming increasingly prevalent around the world.

Please look for future communications in the coming weeks and months, and as always feel free to contact your account manager.

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