Turn risk into opportunity: Is your company ready for the electronic invoice revolution?

The receivables market is evolving, and those who adapt first gain a competitive advantage. Discover how Better Now can become the strategic partner that helps ensure security, compliance, and competitive differentiation in the face of the Central Bank’s new regulations.

Don’t get left behind: prepare for the future of credit and protect your results today.

Brazil’s receivables market is undergoing a significant transformation, and electronic trade receivables (escritural duplicatas) represent the next step in this evolution, following the model already established by the Central Bank in other financial segments. The recent approval of the Trade Receivables Convention by the Central Bank, which establishes the framework for the electronic registration of these receivables, marks the beginning of a new era for corporate credit in the country.

Electronic trade receivables are the definitive digital evolution of traditional trade receivables—financial instruments that formalize sales on credit and serve as guarantees for sellers. Through electronic bookkeeping and registration, these receivables are recorded in systems authorized by the Central Bank, providing greater legal certainty, transparency, and authenticity to transactions. This centralized registration model eliminates longstanding risks, such as fraud and duplicate records, which have historically limited the use of these instruments by financial institutions.

Strategic Impacts on the Market

For executives and professionals in the payments industry, this transformation brings several strategic implications:

• • Enhanced security and fraud prevention through electronic registration within a regulated environment.

• • Greater agility in receivables anticipation and financing, enabling more competitive rates and conditions.
  • Expanded access to credit, particularly for small and medium-sized businesses.
  • Integration with the digital financial ecosystem, aligning with initiatives such as Pix and Open Finance.

Implementation Timeline

The implementation of the Trade Receivables Convention, signed by major market registrars such as CERC, Núclea, B3, and others, establishes the operating rules for the electronic registration system. The framework is expected to become operational in 2025, with a phased rollout beginning with the largest organizations.

However, adapting to this new regulatory and operational model requires companies and financial institutions to undertake significant technological and process modernization efforts, while also meeting Central Bank requirements related to capital adequacy, governance, and documentary compliance.