Invoiceware International Announces Record Sales and Network Growth for 2013

ATLANTA, Jan. 8, 2014 /PRNewswire-iReach/ -- Invoiceware International, the leader in Latin America electronic invoicing, today announced that they achieved record growth in both revenue and network size for the calendar year 2013. Driven by a series of new customer wins, ever changing legislation in Latin America electronic invoicing policy, and the addition of new country processes including Brazil Eventos and Chile DTE; Invoiceware increased net new revenue by 300% compared to 2012 while processing more than 70 Billion US Dollars of invoice volume for multinationals operating in Brazil, Mexico, Chile, and Argentina. 

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"Multinationals continue to transition to the Invoiceware International delivery model in Latin America because our solutions lower day to day support costs, reduce annual SAP ERP^® maintenance costs, and minimize operational shut downs," said the company's President & CEO, Scott Lewin. "We are currently the only vendor in the marketplace solving the end-to-end business problems attributed to government mandates in Brazil, Mexico, Argentina and Chile. And we are proud to add Kellogg's, Philips, Intermec, Novus International, and Sun Chemical among many other distinguished brands to our customer base that now spans more than 250 of the Fortune 2000."

Other 2013 Invoiceware International business highlights include:

• Regional Expansion with the addition of Chile: Invoiceware International added the ability to support Chile's electronic invoicing requirements to their platform and SAP ERP ® e-invoicing applications.

• SAP Hybrid Cloud Delivery Model: By combining the economies of scale of compliance in the cloud with native SAP ERP bridge applications for electronic invoicing, Invoiceware customers were able to lower the ongoing cost of maintaining compliance by upwards of eighty (80) percent.

• Revolutionizing Straight-Through Processing Across Latin America: Invoiceware International expanded their native SAP ERP workflow solutions enabling end customers to reduce their internal cost of inbound receiving and accounts payable processing by over forty (40) percent.

About Invoiceware International

Invoiceware International is the leader in Latin American electronic invoicing and operates The Compliance Network, a cloud-based platform that delivers financial and supply chain managers the regulatory processes that they need while eliminating ERP configurations and customizations for the IT staff. A single connection to the network simplifies the mandates, the implementation and the ongoing change management associated with regulations in the Americas, including Brazil Nota Fiscal, Mexico SAT, Argentina AFIP and Chilean DTE. Invoiceware International is headquartered in Atlanta with operations worldwide. For more information, visit: www.invoicewareint.com

Media Contact: Steven Sprague, Invoiceware International, 6787661210, [email protected]

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SOURCE Invoiceware International