Finding an E-invoicing software provider in Chile can prove to be an arduous task. This article was developed to assist you in your search for paperless invoicing solutions. Paystream research is designed to avoid wasted time searching for providers, unnecessary implementation costs, excessive down-time resulting in loss of revenue, and possible fines imposed by the Federal Government. Unfortunately, the available amount of analytical research on electronic invoicing providers in Chile is limited.
PayStream Advisors, an independent payment automation research firm, is writing a research report comparing the foremost E-invoicing firms in Chile in the coming weeks. Paystream’s reports are designed so you can identify a product that harnesses your business potential and presents the highest return on investment.
In choosing a Chilean E-invoicing platform, it is essential that you carefully define the needs of your business and the challenges you expect to face in transitioning to a paperless system. Chile’s billing and payment ecosystem is highly diverse; PayStream has identified over 100 providers ranging from large full-service firms partnered with well-known ERP providers to small boutique companies serving niche markets.
The size of a company and the amount of transactions that occur can be a leading factor in choosing a Chilean E-billing provider. We have uncovered a variety of pricing options. Nubox, a 100% cloud-based provider, offers a tiered pricing platform tailored to the volume of a company’s transactions. There are several increasing subscription levels, each including a nominal fee charged per invoice in excess of the basic subscription. Pricing for such plans starts at .8 UF (approx. $35 month) for under 40 invoices.
Other solution providers cater to firms with a higher volume of transactions, charging an annual fee based on number of users and services need. Defonta, for example, has a fully-online ERP and has multiple packages that are differentiated by both the number of allotted users permitted, and by the type of managerial and analytical software included.
Another item to consider in choosing an e-billing provider in Chile is whether or not they exist outside of Chile. Many of the larger AP automation providers such as Azurian operate throughout Latin America. Since Chile, Mexico, Brazil, Peru and Argentina all have their own set of sophisticated tax regulations, this can prove particularly cost-effective if you plan to grow throughout Latin America. Most of these larger multinational providers also offer seamless integration with leading ERP software such as SAP and Oracle.
The number of e-invoicing providers are growing and becoming diversified, tailoring their services to meet specific industry needs. Take for example, Factura Movil. The company’s entire platform is garnered to mobile devices so as to provide merchants using mobile processing (smartphone) readers a seamless invoicing platform.
Each Chilean Electronic Invoicing provider has its own set of unique properties that could push it to the forefront of contenders for your business. Chile’s providers have numerous options in terms of platforms, services offered, and price points to meet almost every business owner’s need for paperless invoice automation. Hopefully in the near future, benchmark data will be available on these providers to make the decision of which provider to choose an easier one.
