When companies go global, Oracle can be a priceless asset, but as OAUG veterans well know, each region carries unique economic and legal requirements as well as cultural and linguistic issues that need to be negotiated. And Latin America Oracle E-Business Suite implementations pose unique challenges of their own.
Some of the local requirements that Latin American companies must deal with include:
• In Mexico, for example, there are special considerations for Electronic Invoicing and IETU Reports.
• In Colombia, many companies find difficulties when dealing with the PUC Set of Books, the Latin Tax Engine and third party management in Oracle Financials AP and AR.
• In Peru businesses struggle with managing the local Set of Books and handling detractions, income, AP and AR reports in Oracle Financials.
• Chile brings specific conditions for Electronic Invoicing and the Purchase and Sales Ledgers, as well as the need for tracking the movement of goods.
• In Venezuela companies are required to submit a variety of SENIAT reports
Luckily, it is possible to find Oracle solutions for all these issues by means of customizations and localizations, and the LatinOAUG was founded to help users in the region do just that.
Gustavo Gonzalez has been working with Oracle Applications for almost two decades, serving in both Latin American and US-based multinational companies. He was also a founding member of the LatinOAUG.
Get to Know Fellow Latin American Oracle ERP Users
If you’re an Oracle ERP users who is either doing business in Latin America or thinking of expanding into Latin America, then make it your business to attend the LatinOAUG meeting on Tuesday April, 9th at 4:30 in room 610 of the Colorado Convention Center.
If you’re unable to make it, then simply click here to visit our Collaborate 13 Resources pages, where you’ll be able to register to download copies of the LatinOAUG presentation, in addition to English and Spanish copies of a white paper on Oracle Rollouts in Latin America.