Electronic Invoicing

Peru Digitalizes Electronic Invoice Factoring

factoring Peru

The Peruvian executive branch issued various decrees in response to the COVID-19 Crisis with the objective of helping companies experiencing difficulties. One of these was the “Decreto de Urgencia N° 013-2020” published in January where the laws for the negotiation of electronic invoices through factoring are established.

The SUNAT has approved Resolution 165-2020 to substitute the emergency decree passed in December 2021. 

The goal of this measure is to enable the financing of SMEs and speed up the cash flow of small and medium enterprises.


The electronic recipient must accept (conformidad) or reject (disconformidad) partner’s electronic invoices 8 business days after reception.

This response is mandatory for recipients of electronic invoices and if you would like to claim tax credits.

It is important to highlight that EDICOM offers an electronic invoicing solution adapted to the SUNAT’s requirements enabling you to automate the entire process. Our platform communicates with the SUNAT platform directly receiving statuses from both the SUNAT and your clients without the need for you to access the SUNAT’s platform.

EDICOM’s Global E-invoicing Platform enables the issue, signature, and Validation with the SUNAT of CPE’s or electronic invoices automating and integrating all communications with your ERP. 

Clients can also accept or reject invoices through the Clave Sol (free portal). 

Acceptance mechanism in the negotiable invoice

  • Explicit acceptance: acceptance of the electronic invoice or reception of fees issued expressly through the platform that the SUNAT makes available for this purpose and in the established time table. It is necessary for the use of tax credits/ tax deductions.
  • Assumed acceptance: Acceptance is assumed after 8 business days have passed since the document has been issued, as long as there is no explicit acceptance or explicit rejection. It is enough for the invoice to be used as a security.

Factoring Objectives

The system approved by the Peruvian tax authority (SUNAT) enables linking the invoice with the factoring invoice enabling you to receive the cash you need to keep your business operating. 

The new law increases the number of companies that can issue securities and gives greater trust and security to issued purchase orders. This is important for the economy because it facilitates the financing of SME’s, startups  and companies of any size.

one way to improve the cash flow of companies is by converting invoices and purchase orders into a security. This gives greater liquidity for day to day operations, which creates a positive impact which enables companies to have enough money to cover their operational costs.

One of the most significant challenges faced by SMEs is access to short term financing to give continuity to their business processes. The shortage of these short term loans makes companies run out of liquidity which can have a major impact on performance and economic growth.

Large companies have greater access to bank loans because of their large revenues. Small companies find it much more difficult to receive these loans since their business volume does not meet bank’s expectations to issue a loan. In the case that loans are authorized the interest rates can be unaffordable.

This cuts into margins and impacts business continuity. It is clear that the limited access to credit creates major obstacles for small and medium companies attempting to expand their operations.

This is why the Peruvian government has implemented this measure to promote the growth of SMEs with the objective of increasing formal employment in the country.


What does Factoring consist of?

When a company is looking for alternative financing that does not involve banks, one of the most common methods is to receive financing through factoring.

Companies can turn their pending invoices into cash without waiting for payment for a fee.

Factoring operations are a great tool for SMEs because it gives them immediate liquidity without the need for a loan application at a bank.

Factorin enables SMEs to issue electronic invoices and use them as a security to be paid once they have been accepted and the payment term has concluded.

The “Junta Nacional de Impuestos Aduanas y Aranceles del Perú (SUNAT) has updated the regulation that describes the electronic invoicing process with the following:

New data fields have been added to the CPEs to indicate the expiration date and the amount for the pending bill.

  • The time limit for the declaration of the invoice for the buyer is reduced to two days from the date of its purchase.
  • The client of the invoice issuer has  days to to accept or reject the invoice


What is the negotiable invoice?

According to law Ley Nº 29623 the negotiable invoice is a warranted order issued in the name of a determined person. In this type of invoice the seller or supplier confirms that the merchandise has been delivered and accepted by the beneficiary.

This law is fundamental for any company that wants to avoid insolvency. It clearly states that when a company sells merchandise or services it can issue an invoice to the buyer or client to ensure that it is paid. The seller then sends an invoice detailing the service or product delivered with the delivery date and other relevant information.

What are the benefits of the negotiable invoice?

You can receive payment for invoices before the accorded term and have access to liquidity whenever needed.

Evitas endeudarte con financiación externa, ahorrándote los gastos e intereses que generan los créditos bancarios.

  • Avoid falling into debt with external financiers, saving in fees and interests that are generated by bank credit.
  • You save money since the discounted rate applied in the bill of the invoices is less than the interest of any bank credit.
  • lower management costs, since negotiating invoices avoids the costs of issuing promissory notes.
  • generates security and confidence in the purchase and sale of goods and services for suppliers and buyers.


EDICOM’s International Electronic Invoicing Platform

EDICOM’s electronic invoicing solution automates the issuance and reception process of electronic invoices in Peru (CPEs), adapted to the requirements established by the SUNAT.

electronic invoices can be sent automatically to clients electronically even if they do not have an EDI solution.

EDICOM’s platform identifies the recipient of the invoice and based on their profile can automatically manage the delivery through the correct channel for each client.

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