Master E-invoicing in Just one day

The accelerating global focus on e-invoicing as a critical reporting lever by tax administrators, including the Inland Revenue Board of Malaysia (IRBM), means businesses will need to step up on their review of end-to-end tax compliance systems and take heed of the targeted IRBM system roll-out dates.

With e-invoicing becoming a tax obligation, businesses should fastidiously prepare their e-invoicing systems to avert penalties and organizational risks. Businesses may consider undertaking a firm-wide collaborative approach involving key stakeholders in IT, tax, and finance, selecting the right technology solutions, leveraging data analytics, and ensuring data governance.