Link4, Author at Link4 E-invoicing

e-Invoicing in Malaysia: Turning Challenges Into Opportunities

The e-Invoicing mandate in Malaysia is entering its next phase, targeting businesses with annual sales revenue between RM 25 million and RM 100 million, is fast approaching. While some companies are prepared for the shift, others are grappling with challenges...

December 24, 2024

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Link4 Successfully Implements e-Invoicing for Ardex QUICSEAL

Link4, a Peppol-accredited e-Invoicing provider, and Ardex QUICSEAL, a leading manufacturer of high-end building materials in Malaysia, have successfully implemented e-Invoicing integrated with their ERP system, Oracle NetSuite, to streamline and improve the company’s invoicing processes. By implementing e-Invoicing, Ardex...

December 23, 2024

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e-Invoicing Momentum Builds as January 2025 Phase 2 Deadline Looms

Malaysia’s e-Invoicing journey is set to enter its second phase, with companies earning between RM25 million and RM100 million annually mandated to implement e-Invoicing from January 1, 2025. While many businesses have already embraced this innovation, the time to act...

December 19, 2024

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Increased e-Invoicing Adoption Set to Simplify Cross-Border Transactions Across Asia

The ‘E-Invoicing Exchange Summit Asia Pacific’, held in Malaysia from November 25 to 27, 2024, brought together industry leaders, regulators, and technology experts to discuss the current and future trends, adoption, and regulations of e-Invoicing. Among the attendees was Sam...

December 18, 2024

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How e-Invoicing Solutions Work with Oracle NetSuite and Why It Matters

Integrating e-Invoicing solutions with ERP systems like Oracle NetSuite has become a strategic necessity for businesses aiming to streamline invoicing operations. This integration simplifies the invoice management process, enhances efficiency, and aligns businesses with evolving compliance standards. But how does...

December 6, 2024

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The B2B Impact of e-Invoicing in the Automotive Sector

The automotive industry plays a crucial role in Malaysia’s economy, contributing almost 4% to the national GDP and supporting a vast network of B2B transactions. From dealerships to distributors, companies in this sector handle complex transactions daily, often involving multiple...

November 19, 2024

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Budget 2025 Incentives Boost e-Invoicing Adoption in Malaysia

With the announcement of Malaysia’s Budget 2025, a growing conversation emerged around the importance of rewarding compliance in the nation’s evolving tax ecosystem. This discussion highlights the shift from punitive measures to positive reinforcement, emphasising how rewarding businesses for timely...

October 30, 2024

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Using Financial Intelligence and e-Invoicing to Defeat Cybercrime

Cybercrime is on the rise globally, and Malaysia is no exception. According to CyberSecurity Malaysia, 4,174 cases have been reported as of August 2024. While cybersecurity measures, such as firewalls, encryption, and anti-virus software, are critical, they don’t address the...

October 26, 2024

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Taxpayers Embrace e-Invoicing with Over 34 Million Invoices Processed Since Launch

Since its implementation on August 1st, Malaysia’s Inland Revenue Board (LHDN) has received over 34 million e-Invoices from taxpayers. This impressive figure marks a significant milestone in the country’s journey toward digitized tax compliance and highlights key positive implications for...

October 9, 2024

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Boosting Business Benefits in Malaysia with Peppol e-Invoicing

Malaysia’s transition towards e-Invoicing, driven by the Inland Revenue Board of Malaysia (IRBM), is part of a larger initiative to modernize tax reporting processes. This mandate is not just a policy shift; it represents a significant transformation in how businesses...

September 11, 2024

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Author: Link4