I had the opportunity last week to interview Mexico e-Invoicing expert Scott Lewin about the new requirements announced by Mexico's SAT on September 3, 2010. In this announcement Mexico's SAT said the following, "The impact on business processes will be significant for companies that haven’t prepared in advance." With that warning, let's jump into the interview.
Kevin: What are you hearing in the Mexico e-Invoicing market today?
Scott: Many big companies are still not aware of the upcoming e-Invoicing requirements. Mexico announced these changes in early September, but many remain unaware or confused.
Kevin: Of the companies that are aware of these new requirements, what are they asking of you?
Scott: Many people are just trying to understand the many changes between the 2010 and 2011 requirements. The whole look and feel of the e-Invoice will be different. Folio numbers issued in sequence will be gone. The requirements shift from a batch process to a real time process. There is a completely new requirement to validate inbound invoices. There will be the addition of new 2D barcodes containing critical Master Data. Many companies are simply confused. There are a lot of unanswered questions that just need more clarification. In addition, due to the complex changes that are being implemented, there is some misinformation in the market which just adds to the confusion.
Scott: Companies are also wanting to know how their business processes need to change. They are asking about consumer goods and imports that have invoices. Do they still have to comply? The answer is yes. Companies are looking for a guide. That is why so many companies are talking to us. We have a team in Mexico that is working closely with SAT to ensure compliance and understanding.
Read Part 2 of this interview here.
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Kevin R Benedict SAP Mentor, SAP Top Contributor, SAP Blogger Independent Kevin: What are you hearing in the Mexico e-Invoicing market today?
Scott: Many big companies are still not aware of the upcoming e-Invoicing requirements. Mexico announced these changes in early September, but many remain unaware or confused.
Kevin: Of the companies that are aware of these new requirements, what are they asking of you?
Scott: Many people are just trying to understand the many changes between the 2010 and 2011 requirements. The whole look and feel of the e-Invoice will be different. Folio numbers issued in sequence will be gone. The requirements shift from a batch process to a real time process. There is a completely new requirement to validate inbound invoices. There will be the addition of new 2D barcodes containing critical Master Data. Many companies are simply confused. There are a lot of unanswered questions that just need more clarification. In addition, due to the complex changes that are being implemented, there is some misinformation in the market which just adds to the confusion.
Scott: Companies are also wanting to know how their business processes need to change. They are asking about consumer goods and imports that have invoices. Do they still have to comply? The answer is yes. Companies are looking for a guide. That is why so many companies are talking to us. We have a team in Mexico that is working closely with SAT to ensure compliance and understanding.
Read Part 2 of this interview here.
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e-Invoicing and EDI Analyst and Consultant
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*Full Disclosure: I am an independent consultant that has worked with and for many of the companies mentioned.
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