buscar

Technology Update
Our present is the best guarantee for the future

Five reasons to implement the Electronic Tax Document

04/12/2014

factura electrónica en Chile

The use of e-invoicing is growing by leaps and bounds worldwide. In Chile, the Electronic Tax Document (DTE) is now mandatory for large companies and in 2018, it will be compulsory for all taxpayers. However, an increasing number of companies are signing up to the system voluntarily. In fact, according to the Internal Revenue Service (SII), currently more than half of all invoices are issued in electronic format.

The question is: Why did the use of electronic billing increase? Rolling out this system gives rise to a multitude of advantages, which we can sum up in these five points:

  1. Increased savings. E-invoicing with the DTE cuts business costs. As reported in several studies, e-invoicing can lead to savings of up to 80 %, depending on the size and type of company. In this sense, the biggest cost-cutting occurs in sending documents, paper and printing. In this other article, you can find out more about this aspect.
  2. Productivity boost. Automation of administrative procedures cuts down the chances of error and gives faster and easier access to invoice receipts, increasing productivity. Moreover, taxpayers issuing DTE do not need to go to the SII (Tax Agency) offices to stamp their documents, as authorizing the folios takes place online.
  3. Delivery time for invoices is reduced, meaning faster payment. The use of electronic means speeds up and streamlines the process in all directions.
  4. Enhanced security for documents. Thanks to certain mechanisms such as electronic signature, authorship and integrity of the invoice is assured. But that’s not all. E-invoicing also reduces the likelihood of making mistakes or losing the documents, resulting in greater efficiency.
  5. Environmentally friendly. With the DTE, fewer printed copies of invoices are needed. In addition, the infrastructure required with this system is much less than in the traditional process, as all the documents are stored digitally. A study carried out by EDICOM in 2012 calculated that, thanks to electronic solutions, the company's customers no longer needed to print out 800,000,000 sheets. This means avoiding cutting down 56,889 trees. In other words, with e-invoicing companies contribute to protecting the environment, while saving time and money.

More information:

 

Would you like to find out more?


Ask for information.

Tags

Cloud Computing B2B Cloud Platform EDI ASP-SaaS e-Invoicing GDSN VMI EMCS VAN OFTP2 AS2 Certification Authority Digital Signature Outsourcing SLA Software EDICOM Events Expert Chat SaaS-ASP Corporate Information HUB GS1 CFDI PAC APP Associated Facturae Data Sync NOM151 partners EDICOM Retail public administrations Acreditations Web Portal EDI NF-e einvoicing Partner Web Portal SAP EDI Health Edicomdata ediwin CRP EBI Facture Demat ei Payroll Portal EDI Travel B2B EDICOMNet edi logistics SAFT-PT Ticket Portal Avaluos business@mail EDI Manufacturers CT-e NFS-e TSD UE 1169/2011 epayrolls SEPA factura electronica Conservazione Sostitutiva edi automotive customer support center comprobante de pago CAE rg1169 e-billing DTE e-awb fattura pa comprobantes fiscales electrónicos UE 1169/201 report nfc-e einvo contabilidad electronica CFE comprobante fiscal electronico Portail Chorus compliance eAWB xml-cargo peppol edicom air iata e-cargo facturación electrónica IVA Cargo-XML EDICOMAir SUNAT Perú SEE Business Mail Payrolls recibos de sueldo EDI Auto b2g eprocurement IVA ELECTRÓNICO sii PCRDD SII AEAT Expert Analysis Switzerland NHS edi academy comercio exterior EDICOM LTA sat event TURKEY paperless OFTP EDI Web facture électronique dématérialisation fiscale carrefour colombia CFDI Nóminas DIAN México SAF-T VAT Poland DESADV ASN Fatture B2B Costa Rica Chorus Pro AIFE facture électronique en France Administration Publique en France facture électronique en Europe moda Italia interoperabilidad suministro inmediato de información european union digitalización settore sanitario openpeppol european einvoicing global einvoicing electronic invoice billentis report informe billentis factura electrónica ecuador edicom sii norway VAT compliance tax administration franco-german einvoicing españa air freight sector UNCTAD aviso de expedición Advanced Shipped Notice Despatch Advice peppol network peppol standards peppol european union chile tendencias interoperability interconexión chorus factuurcongress SINTEL Brasil interoperabilidade foreign trade nhs e-procurement strategy peppol access point e-procurement trends digitization digital transformation SaaS edicomsii MMOG/LE latam global einvociing cybersecurity EDI financeiro white paper factura electrónica colombia fintech Govein fashion eIDAS e-archiving ebimap SME EDICOMLta e-commerce EDI financiero russia fattura b2b B2B e-Invoicing GDPR RTIR FACe FACeB2B portugal blockchain ItalyNSO B2G e-Invocing business@mailPharma

Follow us on

  • linkedin
  • rss