Business intelligence, process automation and cost reduction in the operation and in times, are some of the benefits of electronic invoicing. Here we share its advantages with Federico Giraldo, Director of Electronic Invoicing for the Chain.
“Today is closing day and this invoice is not ready” or “I must wait more than 60 days to have cash flow again”… If you have mentioned or heard any of these phrases, your solution is in electronic invoices . With them, the methods of reorganizing digital strategies gave way to the implementation of new technologies such as blockchain and big data , which allow automating processes, data and improving the security of documents in the cloud and the positioning of digital identity. .
Since 2013, the Directorate of National Taxes and Customs -DIAN- began working on a project for the massification of electronic invoicing, taking models from Chile and Mexico and, although this is currently a mandatory legal requirement for Colombian companies , it is also an opportunity to adapt to the digital era and give scalability to technological processes that allow the country to position itself among the world trends.
This, hand in hand with technologies such as process automation and artificial intelligence that allow the invoices that are issued to comply with legal regulations and the data to be true, all this, within an integrated and efficient report, which is equal to the traditional invoice , guarantee transparency and be issued, delivered, accepted, preserved and exhibited.
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Federico Giraldo, Commercial Director of Cadena, shares the following good practices on electronic invoicing to take into account:
- Referents
Mexico and Chile have approximately 100% in the massification of the electronic invoice. This data and their actions have made them pioneers in Latin America, in addition, it has allowed them to control tax evasion.
- Market place services ecosystems
There are online markets for invoices that are dedicated to the commercialization of these, through digital platforms . This is an option to connect companies with the need for capital and interested investors seek security in their transactions and “attractive” profitability.
- Simplicity and clarity in the information
According to a study by JD Power and Associates , 30% of business customer service calls are billing related. It is there, where this electronic invoice process seeks not only to provide information that is easily read, but also to organize finances to simplify day-to-day tasks and make it easy for the client to have information with clear data on their accounts anywhere. of the world.
Cadena: a technological solution to take electronic invoicing to another level
These are some advantages of the chain platform.
- Automated controls that allow the operation to flow quickly in the issuance of invoices to customers or stakeholders .
- Data architecture to integrate systems and thus make the issuance of the invoice much more agile.
- Alerts of invoices prepared, reviewed and approved to give traceability to the information .
- Increase in productivity, information quality and response capacity.
- Accompaniment and customer service throughout the process before, during and after the invoice.
- Guarantee of authenticity of the electronic invoice.
How to prepare to start the electronic invoice processes?
- Carry out the billing process on time, along the way there may be accounting gaps that hinder the assembly of data.
- Look for providers who have experience in this niche market , are flexible, and guide you throughout the billing process.
At Cadena we have more than 13 years of experience. Today we are operating with more than 100,000 companies to whom we issue more than 13 million documents per month, offering technological solutions with plans starting at $49,000 pesos.