Here’s the translation to American English:
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From Chile and Colombia to Spain, the revolution in electronic invoicing demonstrates that innovation can emerge from the Global South. FacturasApp, a platform with over nine years of experience in the Latin American market, has established itself as a leader in tax digitization in Spain.
The Iberian country is preparing to implement electronic invoicing mandatorily through the Crea y Crece Law and the Verifactu system. Meanwhile, Latin America has been advancing on this path for almost two decades, with nations like Chile, Mexico, Brazil, and Colombia adopting tax digitization as a state policy. The results achieved in these countries have become a global benchmark.
With this perspective, FacturasApp enters the Spanish market as the first Latin American platform dedicated to bringing its electronic invoicing experience. Its goal is to support small and medium-sized enterprises (SMEs), freelancers, and accounting firms in adapting to this new mandatory system.
The history of electronic invoicing in Latin America began in Chile in 2003, where the foundations were laid for a change that continued with Brazil making this model mandatory in 2006, followed by Mexico in 2011. Over time, countries like Peru, Colombia, Uruguay, and Argentina joined this trend, completing the digitalization process between 2014 and 2019. More than 17 Latin American nations now have national systems, and it is estimated that over 90% of B2B transactions in the region are electronic.
The results of this implementation have been impressive: in Mexico, tax collection grew by 14% in the first three years; in Peru, declared sales increased by 7%, and in Uruguay, VAT collection rose by 3.7%. Brazil, for its part, reported a 12% revenue increase in the states that were pioneers in this model, which in turn contributed to a 2% reduction in informality. Electronic invoicing has proven to be a mechanism for fiscal control that promotes formalization, transparency, and efficiency in millions of businesses.
Historically, it has been considered that technological innovation originates in the North, but the experience of Latin America challenges this notion. The digital revolution, characterized by reduced costs and rapid adoption, has allowed these emerging markets to lead in fintech, digital banking, and electronic identity systems.
With over six million SMEs and freelancers, as well as 70,000 tax advisory firms, Spain is facing a similar transition. However, it has the advantage of being able to learn from established and successful models in Latin America.
FacturasApp, backed by the Cenet group, which has 27 years of experience and 150,000 user companies in Latin America, positions itself as a bridge between that expertise and the needs of the Spanish business landscape. Its platform allows for the issuance and registration of electronic invoices from everyday applications like WhatsApp, Google Sheets, or Excel, integrating them directly into accounting systems to ensure compliance with Verifactu. It also holds ISO 27001 and ISO 9001 certifications, guaranteeing security and quality of service.
The fiscal digitization experience of Latin America makes it clear that innovation knows no borders. Spain stands on the threshold of its own transformation, and FacturasApp is ready to accompany this process with effective, secure, and accessible solutions based on years of experience in markets where electronic invoicing is already the norm. According to its management team, “Spain is where Latin America was a decade ago, facing a paradigm shift. The difference is that there are now mature and proven solutions that guarantee a smooth transition.”
Referrer: MiMub in Spanish
