By San José, Costa Rica — Costa Rica’s leading electronic invoice provider, FACTURATica, continues to redefine the accounting software landscape with the release of its latest update, version 2.3.5. This new version introduces two major innovations aimed at simplifying and accelerating the financial management processes of businesses across various sectors. The most significant update is the Generator of Accounting Policies, designed to comply with the International Financial Reporting Standards (IFRS). This tool empowers businesses to create customized accounting policies with unparalleled ease and efficiency, marking a major milestone for companies striving to meet international standards.
The IFRS-compliant Accounting Policies Generator is set to revolutionize the way businesses approach financial reporting. Through a simple form with 53 carefully curated questions covering a broad range of business-related topics, users can now generate customized accounting policies that meet IFRS requirements at the click of a button. This tool is particularly groundbreaking because of the increasing pressure on businesses to adhere to international accounting standards, especially as globalization continues to blur the lines between local and international markets.
Incorporating the right accounting policies that align with IFRS is crucial for businesses aiming to maintain transparency, attract foreign investors, and expand globally. FACTURATica’s innovation ensures that even small and medium-sized businesses, often lacking the internal resources to manage these complex requirements, can now easily comply with IFRS without needing to engage expensive consultants or spend countless hours crafting policies from scratch.
FACTURATica’s Accounting Policies Generator is a game-changer for businesses of all sizes, especially those that are scaling internationally or seeking to enhance their financial reporting practices. By integrating IFRS compliance into the digital workflow, companies can now focus more on growth and less on the administrative burden of aligning with complex accounting standards.
Licda. Vivian Sáenz Villalta, Customer Experience Supervisor at FACTURATica
The second major enhancement in version 2.3.5 addresses the speed at which financial statements are generated through the Digital Accounting Module. With a newly implemented intelligent cache system, businesses, particularly those with intricate financial structures, can now generate their financial statements significantly faster. Even for companies with complex operations, the optimized speed is a dramatic improvement that offers immediate benefits for time-sensitive financial reporting, reducing wait times and streamlining overall accounting workflows.
This update not only enhances performance but also strengthens the reliability of the platform, allowing businesses to run smoother financial operations, even during peak reporting periods. The intelligent cache system has proven particularly beneficial for businesses handling large datasets, enabling real-time access to critical financial information and supporting faster decision-making. As a result, FACTURATica has solidified its reputation as a provider of scalable, high-performance solutions for businesses of all sizes.
The importance of this latest upgrade cannot be overstated. In today’s fast-paced business environment, the ability to generate real-time financial reports with accuracy and speed is essential. Companies are increasingly turning to digital platforms that provide instant insights into their financial health, allowing them to pivot and make data-driven decisions without the delays traditionally associated with manual or outdated financial systems.
FACTURATica has already established itself as the preferred choice for electronic invoicing in Costa Rica, and this latest release will only reinforce its position as an industry leader. With this version, FACTURATica continues to break down barriers, providing businesses with the tools they need to stay competitive, compliant, and agile in an ever-evolving market.
Every day, more businesses are choosing FACTURATica for their digital accounting needs, recognizing the company’s leadership in innovation and reliability. By offering cutting-edge solutions like the IFRS-compliant Accounting Policies Generator and the enhanced speed of financial statement generation, FACTURATica is setting a new standard for what businesses can expect from their accounting software providers.
With version 2.3.5, FACTURATica proves once again that it is not only keeping up with industry trends but leading them. As businesses across Costa Rica continue to migrate to FACTURATica’s platform, they are discovering that this is not just a software solution—it’s a powerful tool for growth and financial excellence.
For further information, visit facturatica.com
About FACTURATica:
FACTURATica is the leading provider of electronic invoicing and digital accounting solutions in Costa Rica, serving businesses of all sizes across various industries. The company is known for its commitment to innovation, helping clients streamline their financial processes, comply with international standards, and maintain a competitive edge in the marketplace.
