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Hola Equipo!

=BFComo estan?

Hace varias semanas reunimos con Vir y con Pablo para revisar las l=EDneas =
de cr=E9dito de los clientes, y la forma de pago de cada uno.

En estas reuniones surgi=F3 la necesidad de la empresa de poder reducir la =
cantidad de d=EDas de cobro a los clientes.

Hoy la mayor parte de cheques diferidos a cobrar que se reciben estan conce=
ntraos en el =E1rea de Distribuci=F3n, donde los plazos de los cheques van =
desde 30 d=EDas, 60,90 y hasta 120 d=EDas.  A esto tambi=E9n se le suman lo=
s 30 o 40 d=EDas en los que el cliente entrega los cheques.  Esto hace que =
el ciclo de vender y cobrar sea muy extenso y se tenga que incurrir en el d=
escuento de los cheques para cubrir las obligaciones que la organizaci=F3n =
tiene.
Ese descuento de cheque se hace a trav=E9s de los bancos, donde ellos por a=
delantar el dinero cobran un inter=E9s y ese inter=E9s nunca es trasladado =
al cliente, siempre se hace cargo la empresa.

Por esto motivo y con el fin de mejorar la salud financiera de la organizac=
i=F3n, se van a enviar cartas a los clientes record=E1ndoles la forma de pa=
go de cada uno.

Los plazos van a ser 30, 60 y  90 d=EDas, dependiendo cada cliente.  y para=
 compras especiales, previamente aprobadas por Pablo podr=E1n acceder a 120=
 d=EDas de cr=E9dito.

Estas cartas a los clientes ser=E1n enviados desde el equipo de cuentas cor=
rientes, en copia al equipo de KPMG.  Seguramente uds como primer contacto =
del cliente reciban alg=FAn tipo de comentario o pedido del cliente con res=
pecto a los plazos, por ello les pedimos su ayuda para lograr mejorar los p=
lazos de cobro.  Y siempre que lo consideren necesario estamos a disposici=
=F3n para conversar casos puntuales.

La idea es que las cartas sean enviadas en la primer quincena de  enero 202=
6, ni bien se env=EDen les avisaremos.

Gracias
Saludos

Cra. Victoria Quintanilla | Outsourcing, Payroll & Tax

KPMG Uruguay | Cir. Dr. Enrique Tarigo 1335, Piso 7, Of. 702 | Montevideo, =
CP 11100
Tel: +598 2902 45 46 ext. 228
[cid:image001.png@01DC4736.9AB0B3F0]
KPMG has a commitment to environmental responsibility. Please consider the =
earth before printing this e-mail.

Debemos se=F1alar finalmente que el presente documento ha sido emitido en c=
umplimiento de un requerimiento de servicios profesionales de asesoramiento=
 por parte de vuestra empresa, los cuales fueron prestados aplicando nuestr=
a mayor diligencia y conocimiento t=E9cnico. No obstante, advertimos que lo=
s organismos p=FAblicos o tribunales que eventualmente entiendan en el tema=
 pueden sustentar otras opiniones o variar aquellas que han sido resumidas =
o transcritas por nosotros. Las informaciones y opiniones contenidas en el =
presente informe tienen por fin el uso de las mismas por vuestra empresa.
___.___
Please note, finally, that this report has been issued in reply to a reques=
t for professional advisory services by your company, and that these servic=
es were offered on the basis of our best possible diligence and technical k=
nowledge. We should, however, warn you that the public authorities or court=
s by which these issues may be heard might sustain other opinions or deviat=
e from those that have been summarized or transcribed in this report. The i=
nformation and opinions contained in this report are designed to be used by=
 your company.

***********************************************************************
The information in this e-mail is confidential and may be legally privilege=
d. It is intended solely for the addressee. Access to this e-mail by anyone=
 else is unauthorized. If you have received this communication in error, pl=
ease address with the subject heading "Received in error," send to the orig=
inal sender , then delete the e-mail and destroy any copies of it. If you a=
re not the intended recipient, any disclosure, copying, distribution or any=
 action taken or omitted to be taken in reliance on it, is prohibited and m=
ay be unlawful. Any opinions or advice contained in this e-mail are subject=
 to the terms and conditions expressed in the governing KPMG client engagem=
ent letter. Opinions, conclusions and other information in this e-mail and =
any attachments that do not relate to the official business of the member f=
irm are neither given nor endorsed by it.

KPMG cannot guarantee that e-mail communications are secure or error-free, =
as information could be intercepted, corrupted, amended, lost, destroyed, a=
rrive late or incomplete, or contain viruses.=20

This email is being sent out by KPMG International on behalf of the local K=
PMG member firm providing services to you.  KPMG International Limited is a=
 private English company limited by guarantee. KPMG International Limited a=
nd its related entities do not provide services to clients.  Each KPMG firm=
 is a legally distinct and separate entity and describes itself as such. Ea=
ch KPMG member firm is responsible for its own obligations and liabilities.
For more detail about our structure please visit home.kpmg/governance.=20

This footnote also confirms that this e-mail message has been swept by Anti=
Virus software.
***********************************************************************

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<div class=3D"WordSection1">
<p class=3D"MsoNormal">Hola Equipo!<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">=BFComo estan?<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Hace varias semanas reunimos con Vir y con Pablo par=
a revisar las l=EDneas de cr=E9dito de los clientes, y la forma de pago de =
cada uno.
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">En estas reuniones surgi=F3 la necesidad de la empre=
sa de poder reducir la cantidad de d=EDas de cobro a los clientes.
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Hoy la mayor parte de cheques diferidos a cobrar que=
 se reciben estan concentraos en el =E1rea de Distribuci=F3n, donde los pla=
zos de los cheques van desde 30 d=EDas, 60,90 y hasta 120 d=EDas.&nbsp; A e=
sto tambi=E9n se le suman los 30 o 40 d=EDas en los
 que el cliente entrega los cheques.&nbsp; Esto hace que el ciclo de vender=
 y cobrar sea muy extenso y se tenga que incurrir en el descuento de los ch=
eques para cubrir las obligaciones que la organizaci=F3n tiene.
<o:p></o:p></p>
<p class=3D"MsoNormal">Ese descuento de cheque se hace a trav=E9s de los ba=
ncos, donde ellos por adelantar el dinero cobran un inter=E9s y ese inter=
=E9s nunca es trasladado al cliente, siempre se hace cargo la empresa.
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Por esto motivo y con el fin de mejorar la salud fin=
anciera de la organizaci=F3n, se van a enviar cartas a los clientes record=
=E1ndoles la forma de pago de cada uno.&nbsp;
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Los plazos van a ser 30, 60 y &nbsp;90 d=EDas, depen=
diendo cada cliente.&nbsp; y para compras especiales, previamente aprobadas=
 por Pablo podr=E1n acceder a 120 d=EDas de cr=E9dito.
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Estas cartas a los clientes ser=E1n enviados desde e=
l equipo de cuentas corrientes, en copia al equipo de KPMG.&nbsp; Seguramen=
te uds como primer contacto del cliente reciban alg=FAn tipo de comentario =
o pedido del cliente con respecto a los plazos,
 por ello les pedimos su ayuda para lograr mejorar los plazos de cobro.&nbs=
p; Y siempre que lo consideren necesario estamos a disposici=F3n para conve=
rsar casos puntuales.
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">La idea es que las cartas sean enviadas en la primer=
 quincena de &nbsp;enero 2026, ni bien se env=EDen les avisaremos.
<o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal">Gracias<o:p></o:p></p>
<p class=3D"MsoNormal">Saludos <o:p></o:p></p>
<p class=3D"MsoNormal"><o:p>&nbsp;</o:p></p>
<p class=3D"MsoNormal" style=3D"margin-top:6.0pt;text-autospace:none"><b><s=
pan style=3D"font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;colo=
r:#00338D;mso-ligatures:none;mso-fareast-language:EN-AU">Cra. Victoria Quin=
tanilla |
</span></b><span style=3D"font-size:10.0pt;font-family:&quot;Arial&quot;,sa=
ns-serif;color:#00338D;mso-ligatures:none;mso-fareast-language:EN-AU">Outso=
urcing, Payroll &amp; Tax
</span><span style=3D"mso-ligatures:none;mso-fareast-language:ES-UY"><o:p><=
/o:p></span></p>
<p class=3D"MsoNormal" style=3D"margin-left:5.8pt"><span style=3D"font-size=
:8.0pt;font-family:&quot;Arial&quot;,sans-serif;color:#00338D;mso-ligatures=
:none;mso-fareast-language:EN-AU">&nbsp;</span><span style=3D"mso-ligatures=
:none;mso-fareast-language:ES-UY"><o:p></o:p></span></p>
<p class=3D"MsoNormal"><span style=3D"font-size:8.0pt;font-family:&quot;Ari=
al&quot;,sans-serif;color:#00338D;mso-ligatures:none;mso-fareast-language:E=
N-AU">KPMG Uruguay | Cir. Dr. Enrique Tarigo 1335, Piso 7, Of. 702 | Montev=
ideo, CP 11100</span><span style=3D"mso-ligatures:none;mso-fareast-language=
:ES-UY"><o:p></o:p></span></p>
<p class=3D"MsoNormal"><span style=3D"font-size:8.0pt;font-family:&quot;Ari=
al&quot;,sans-serif;color:#00338D;mso-ligatures:none;mso-fareast-language:E=
N-AU">Tel: +598 2902 45 46 ext. 228<o:p></o:p></span></p>
<p class=3D"MsoNormal"><span style=3D"mso-ligatures:none;mso-fareast-langua=
ge:ES-UY"><img width=3D"96" height=3D"49" style=3D"width:1.0in;height:.5083=
in" id=3D"Picture_x0020_13" src=3D"cid:image001.png@01DC4736.9AB0B3F0"></sp=
an><u><span style=3D"font-size:8.0pt;font-family:&quot;Arial&quot;,sans-ser=
if;color:#00338D;mso-ligatures:none;mso-fareast-language:EN-AU"><o:p></o:p>=
</span></u></p>
<p class=3D"MsoNormal"><span lang=3D"EN-US" style=3D"font-size:8.0pt;color:=
#C4EB35;mso-ligatures:none;mso-fareast-language:ES-UY">KPMG has a commitmen=
t to environmental responsibility. Please consider the earth before printin=
g this e-mail.</span><span lang=3D"EN-US" style=3D"font-family:&quot;Calibr=
i&quot;,sans-serif;mso-ligatures:none;mso-fareast-language:ES-UY"><o:p></o:=
p></span></p>
<p class=3D"MsoNormal"><span lang=3D"EN-US" style=3D"mso-ligatures:none;mso=
-fareast-language:ES-UY"><o:p>&nbsp;</o:p></span></p>
<p class=3D"MsoNormal" style=3D"text-autospace:none"><span style=3D"font-si=
ze:8.0pt;color:#1F497D;mso-ligatures:none;mso-fareast-language:ES-UY">Debem=
os se=F1alar finalmente que el presente documento ha sido emitido en cumpli=
miento de un requerimiento de servicios
 profesionales de asesoramiento por parte de vuestra empresa, los cuales fu=
eron prestados aplicando nuestra mayor diligencia y conocimiento t=E9cnico.=
 No obstante, advertimos que los organismos p=FAblicos o tribunales que eve=
ntualmente entiendan en el tema pueden
 sustentar otras opiniones o variar aquellas que han sido resumidas o trans=
critas por nosotros. Las informaciones y opiniones contenidas en el present=
e informe tienen por fin el uso de las mismas por vuestra empresa.</span><s=
pan style=3D"font-size:8.0pt;font-family:&quot;Times New Roman&quot;,serif;=
color:#1F497D;mso-ligatures:none;mso-fareast-language:ES-UY"><o:p></o:p></s=
pan></p>
<p class=3D"MsoNormal" align=3D"center" style=3D"mso-margin-top-alt:5.0pt;m=
argin-right:0cm;margin-bottom:5.0pt;margin-left:0cm;text-align:center;text-=
autospace:none">
<span lang=3D"EN-US" style=3D"font-size:8.0pt;color:#1F497D;mso-ligatures:n=
one;mso-fareast-language:ES-UY">___.___</span><span lang=3D"EN-US" style=3D=
"font-size:8.0pt;font-family:&quot;Calibri&quot;,sans-serif;color:#1F497D;m=
so-ligatures:none;mso-fareast-language:ES-UY"><o:p></o:p></span></p>
<p class=3D"MsoNormal" style=3D"mso-margin-top-alt:5.0pt;margin-right:0cm;m=
argin-bottom:5.0pt;margin-left:0cm;text-autospace:none">
<span lang=3D"EN-US" style=3D"font-size:8.0pt;color:#1F497D;mso-ligatures:n=
one;mso-fareast-language:ES-UY">Please note, finally, that this report has =
been issued in reply to a request for professional advisory services by you=
r company, and that these services were
 offered on the basis of our best possible diligence and technical knowledg=
e. We should, however, warn you that the public authorities or courts by wh=
ich these issues may be heard might sustain other opinions or deviate from =
those that have been summarized
 or transcribed in this report. The information and opinions contained in t=
his report are designed to be used by your company.<o:p></o:p></span></p>
<p class=3D"MsoNormal"><span lang=3D"EN-US"><o:p>&nbsp;</o:p></span></p>
</div>

<DIV>
***********************************************************************<BR>
The information in this e-mail is confidential and may be legally privilege=
d. It is intended solely for the addressee. Access to this e-mail by anyone=
 else is unauthorized. If you have received this communication in error, pl=
ease address with the subject heading &quot;Received in error,&quot; send t=
o the original sender , then delete the e-mail and destroy any copies of it=
. If you are not the intended recipient, any disclosure, copying, distribut=
ion or any action taken or omitted to be taken in reliance on it, is prohib=
ited and may be unlawful. Any opinions or advice contained in this e-mail a=
re subject to the terms and conditions expressed in the governing KPMG clie=
nt engagement letter. Opinions, conclusions and other information in this e=
-mail and any attachments that do not relate to the official business of th=
e member firm are neither given nor endorsed by it.<BR>
<BR>
KPMG cannot guarantee that e-mail communications are secure or error-free, =
as information could be intercepted, corrupted, amended, lost, destroyed, a=
rrive late or incomplete, or contain viruses. <BR>
<BR>
This email is being sent out by KPMG International on behalf of the local K=
PMG member firm providing services to you.  KPMG International Limited is a=
 private English company limited by guarantee. KPMG International Limited a=
nd its related entities do not provide services to clients.  Each KPMG firm=
 is a legally distinct and separate entity and describes itself as such. Ea=
ch KPMG member firm is responsible for its own obligations and liabilities.=
<BR>
For more detail about our structure please visit home.kpmg/governance. <BR>
<BR>
This footnote also confirms that this e-mail message has been swept by Anti=
Virus software.<BR>
***********************************************************************<BR>
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--_004_AMAP13