Crossgate Expands e-Invoicing Service to Cover Brazil’s Nota Fiscal Eletronica (NF-e) Mandates

SaaS-based, Brazil Nota Fiscal Eletronica service allows companies to meet April 1st, 2010 Mandates

Atlanta, Georgia, January 25, 2010 –Crossgate Inc., the global expert in business-to-business integration (B2B), has extended the coverage of its on demand B2B services to help customers meet upcoming April 1st 2010 mandates by providing a turn-key Nota Fiscal Eletronica (NF-e) service.

Under Brazilian law, the NF-e is replacing the conventional, hard-copy nota fiscals with an electronic counterpart which must be digitally signed and shaped into a particular government specified XML format.  For many organizations, this switch must be accomplished by April 1^st 2010. Crossgate’s on demand NF-e solution, is the fastest and most reliable way to meet these quickly approaching deadlines.

Since most organizations are not equipped to comply with such extensive regulation, there is a huge need for companies operating in Brazil to find extensions to their IT systems to handle these requirements. In order to avoid potential non-compliance fines and potential implementation delays, many companies find it best to leverage a service provider to manage the traffic flow as an outsourced service.   With the assistance of Crossgate, organizations now have a partner that handles the responsibility for converting, signing, archiving and monitoring the integration with the SEFAZ. Crossgate’s On Demand NF-e Service includes:

·       Fully Complies with the Nota Fiscal Eletronica initiatives

·       Real-Time Integration with SEFAZ

·       Fully Integrated with SAP® R/3

·       Eliminates expensive ERP Augmentations

·       Turn-key enablement, Investment protection, Meet April 1, 2010 Mandate

·       One On Demand Service that supports over 38 countries in the EU and Latin America

According to Scott Lewin, President, Crossgate, Inc.,  “Brazil is certainly the most stringent set of requirements in global e-Invoicing today and the upcoming April 1^st 2010 mandate is only adding to the complexity. Regulatory compliance efforts, such as Nota Fiscal, are often seen as being time-consuming and difficult, but Crossgate’s B2B 360 Services & market leading e-Invoicing Network make it easy for organizations to comply with local Tax Authority mandates in over 38 countries.” 

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