Complyance Solutions Set to Transform E-Invoicing Landscape in Malaysia

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Complyance Solutions Sdn Bhd Malaysia team at the MDEC E-Invoicing Open Day_ Committed to Excellence in E-Invoicing Solutions for Malaysia.

Kuala Lumpur, 30th July 2024Complyance, Inc., headquartered in the USA, is proud to announce its strategic partnership, a joint venture with Sabarinath Jothi and Jivan Muttupillai to establish a local Malaysian entity, Complyance Solutions Sdn Bhd. Sabarinath Jothi is an Angel Investor, Mentor, and a serial Entrepreneur with over 15 years of experience in the Malaysian market; while Jivan Muttupillai, the Managing Partner of Glosap Malaysia and former KPMG Executive Director, has 26 years of consulting experience, transforming firms globally and enhancing growth and efficiency. This collaboration marks a significant milestone in Complyance, Inc.’s journey to provide world-class e-invoicing solutions tailored for the Malaysian market.

Complyance Solutions Sdn Bhd is dedicated to delivering comprehensive Peppol and LHDN (IRBM) e-invoicing solutions to businesses across Malaysia. Their user-friendly platform is designed to simplify the invoicing process, ensuring seamless compliance with all regulatory requirements. By partnering with them, businesses can focus on growth with confidence, knowing that the complexities of compliance are expertly managed.

Complyance e-invoicing booklet presented to Digital Minister of Malaysia, YB Gobind Singh Deo.

Their commitment to excellence is reflected in their accreditation by MDEC Malaysia and their active collaboration with LHDN to implement cutting-edge e-invoicing solutions. Furthermore, Complyance, Inc. is recognised by regulatory bodies worldwide for its efforts in optimising e-invoicing solutions to comply with global standards.

Complyance Solutions Sdn Bhd simplifies the e-invoicing process, ensuring seamless integration with existing systems. Their platform eliminates the need for manual data entry, introducing automated efficiency across all operations. This not only saves time but also reduces the likelihood of errors, making the invoicing process more reliable and efficient.

By streamlining e-invoicing processes, Complyance boosts efficiency, reduces costs, and saves valuable time and resources for businesses. Their solutions are designed to optimise invoicing operations, helping to cut down on administrative overhead and improve overall productivity.

Understanding that each business has unique needs, Complyance Solutions Sdn Bhd offers tailored e-invoicing solutions from implementation to ongoing support. Whether a small business or a large enterprise, they provide customised solutions that fit specific requirements and help achieve business goals.

The platform offers state-of-the-art AI-driven compliance monitoring, real-time risk assessment, and customisable reporting for comprehensive regulatory adherence. It integrates effortlessly with any ERP system, enabling hassle-free and immediate implementation. To ensure peace of mind, documents are validated pre-submission to avoid LHDN/IRBM rejections. If errors occur in e-invoices, the platform allows for quick identification and correction, ensuring accuracy and saving time.

Celebrating MDEC Accreditation Milestone with MDEC Director Saiful Izwan Mohd Shazali and the MDEC Team.

Generating detailed and tailored reports is effortless with powerful customisation options. The PDF customisation features ensure that documents always match the brand. Additionally, storing e-invoicing data in XML/JSON formats provides easy accessibility and compatibility, drastically cutting down processing time and streamlining financial operations. Automated data validation reduces errors, ensuring accurate and reliable invoicing, and robust security measures protect sensitive invoice data. The platform also allows for language customisation to cater to the diverse linguistic needs of customers.

When adopting e-invoicing, it is important for business leaders to understand how it will fit into their operations to set them up for success. Start by evaluating current invoicing and compliance processes to identify areas for improvement. Opt for a reliable e-invoicing solution like Complyance Solutions that offers comprehensive features and seamless integration. Ensure the team is trained on the new e-invoicing system and understands its benefits and functionalities. Stay informed about regulatory changes and updates to ensure continuous compliance. Utilise customisation options to tailor the e-invoicing system to specific business needs.

Many Malaysian businesses are choosing Complyance Solutions to improve their e-invoicing management, benefiting from their expertise and advanced platform features. By partnering with Complyance Solutions, businesses can simplify compliance, reduce costs, and focus on what matters most – growing their business with confidence.