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AutoCount launches e-Invoicing solution for SMEs in Malaysia

By Gloria Mathias

April 15, 2024

  • APAC Fintech news
  • APAC news
  • Autocount
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Autocount, Invoicing, SME solutions, Malaysia News, APAC News, APAC Fintech News, SME solutions, Invoicing platforms, AutoCount has announced the launch of its AutoCount e-Invoice Solution, the AutoCount e-Invoice Platform (AIP), at Shah Alam’s MBSA Convention Centre on April 5, 2024.

Designed to support Malaysian businesses transitioning to the e-Invoicing era, AIP exemplifies AutoCount’s drive and dedication to modernising business practices for the digital age.

The AutoCount e-Invoice Platform (AIP) seamlessly connects businesses with the LHDN MyInvois system. It revolutionizes e-Invoice generation, submission, and management within the AutoCount software interface, designed to significantly enhance operational, cost and time efficiency while ensuring regulatory compliance and accuracy. AIP represents a major advancement in digital efficiency, equipping businesses for future challenges.

The key features of AIP are as follows:

  • Automated Efficiency: Automates e-Invoice generation and submission from the AutoCount software system to the LHDN MyInvois system, enhancing accuracy and reliability.
  • Reliable Submission: Ensures uninterrupted e-Invoicing submissions through automatic retries during server downtimes, maintaining compliance at all times.
  • Approver Control: Enables businesses to appoint approvers for reviewing and approving e-Invoices before submitting them to LHDN MyInvois system, enhancing accuracy and compliance.
  • Efficient Tax Information Collection: Features a unique URL for efficient tax entity and company information collection from customers or suppliers, streamlining the invoicing process.
  • Expediting the Onboarding Process: Intelligent Onboarding Link enables unlimited customers and suppliers to submit information into the system effortlessly.
  • Operational Streamlining: Simplifies the process of copying purchase invoices and payment vouchers into self-billed e-Invoices, reducing manual entry.
  • QR Code Accessibility: Incorporates QR codes on receipts in AutoCount POS solutions, simplifying the e-Invoicing request process for customers.
  • Consolidated e-Invoices: Facilitates easy generation and consolidation of e-Invoices for businesses like retail and F&B stores using AutoCount POS solutions.

“As the e-Invoicing implementation date nears, AutoCount is proud to be the first software house in Malaysia to launch an e-Invoicing solution. We are dedicated to assisting Malaysian businesses in adapting to e-Invoicing. The AutoCount AIP transcends its role as a middleware tool; it’s a catalyst for operational excellence and innovation,” said Alex Ng, Sales & Marketing Director at AutoCount.

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