Digitalization trend in Latin American authorities
Latin America is seen as a pioneer in electronic invoicing and tax reporting. In many Latin American countries, companies are required to electronically send tax-related documents to the authorities. Brazil has already raised $ 58 billion in taxes through these measures.
Through the combined synergy of SAP expertise in the area of management and IT consulting, the partnership between MHP and Phoron aims to support companies in coping with the advancing digitalization. In the course of this partnership, the collective marketing of Phoron's SAP solutions for joint international customers will serve as a foundation.
It is visible worldwide where the global development is heading. Away from the paper world towards digitization and automation of business and tax documents.
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