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Monday, February 6, 2023

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Electronic invoicing: what are mypes looking for?

Micro and small businesses (Mypes) prioritize systems of electronic billing that are free, easy to use, don’t crash and offer online options to access financing, said Kenneth Bengtsson, CEO of Efact.

For the Minister of Production, Jorge Luis Prado Palomino, “it is estimated that by the end of 2022 more than one million invoices will be negotiated for a total of 25,000 million soles, which will represent a 12% growth in the amount negotiated compared to 2021″.

It should be remembered that the latest regulations of the Superintendence of the Tax Administration (SUNAT) ensures that 430,000 micro and small businesses They will be required to issue digital receipts starting in April.

What are mypes looking for?

According to the executive, there are a series of electronic invoicing platforms in the Peruvian market that are ideal for Mypesnot only from SUNAT, but also Electronic Service Providers (PSE). These offer free packages, but they are also safe and not difficult to implement.

  • Choosing a PSE is an attractive alternative for Mypes, because it is the starting point towards the digital transformation of companies.
  • For companies it is very important that a digital platform is consistent enough to carry out the process without delay.
  • A very relevant value for Mypes is the possibility of finding immediate options for access to financing on the same electronic invoicing platforms.

Why is factoring important and what are its benefits for your business?

Claudia Quintanilla, COO and Cofounder of Rextie, explains the main benefits that we can find in Factoring:

  • Speed: it is more accessible than going to a bank to request a traditional loan and it will evaluate your financial behavior.
  • Liquidity: it is immediate
  • payment guarantee
  • Savings in time: the company is freed from the collection of the respective invoice and the time that is invested in it.
  • Improves financial capacity: the company will not wait long periods of time to receive payment of its invoices and will have a good cash flow.

Source: Larepublica


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