Kuala Lumpur, 15 August 2024 – The Malaysia Productivity Corporation (MPC) through Electrical and Electronic Productivity Nexus (EEPN) and the Malaysia Semiconductor Industry Association (MSIA) successfully hosted an informative e-Invoicing Webinar, drawing participants from various sectors keen to enhance their understanding of digital invoicing solutions. The event aimed at educating businesses on the benefits and implementation of e-Invoicing, highlighted its role in improving productivity and supporting Malaysia's digital economy goals. With global markets moving toward digital transactions, businesses that delay adopting e-Invoicing risk falling behind.

Participants were presented with compelling statistics showing that businesses adopting e-Invoicing can reduce invoicing errors by up to 80% and improve processing times by 60%. These improvements translate to significant cost savings, enhanced productivity and operational efficiency.

Dato' Seri Wong Siew Hai, Champion of Electrical & Electronic Productivity Nexus (EEPN) and President of MSIA, remarked, "The shift to digital invoicing is a significant step towards enhancing business efficiency and ensuring compliance with regulatory requirements. e-Invoicing not only simplifies the invoicing process but also provides businesses with a competitive edge in an increasingly digital world. The webinar is a testament to the industry's commitment to embracing this change and leading the way in Malaysia's digital transformation."

Ms. Isabel, CEO and Founder of AiPoole Sdn Bhd, added, "e-Invoicing is not just about digitizing invoices; it's about transforming the way businesses operate. The shift to digital is inevitable, and those who embrace it early will gain a significant competitive advantage."

Justin Wong, Managing Director of Jomeinvoice, stated, "e-Invoicing is a game-changer for businesses of all sizes. By automating the invoicing process, companies can reduce errors, speed up payments, and enhance their overall financial management. The webinar was an excellent opportunity to showcase how Jomeinvoice can help businesses seamlessly transition to a digital invoicing system, making their operations more efficient and compliant with regulatory standards."

The overwhelming response and active participation in the webinar reflect the business community's growing interest in digital solutions. MPC and MSIA plan to continue this momentum by organizing additional webinars and workshops, further assisting businesses in their digital transformation journey.

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About Malaysia Productivity Corporation (MPC)

MPC is a statutory body under the Ministry of Investment, Trade and Industry (MITI). It drives national productivity holistically at the national, sectoral, and enterprise levels through three main thrusts: developing future talent, driving digitization and innovation, and building a robust ecosystem. It collaborates strategically with the private and public sectors by emphasising productivity as a key agenda to boost productivity growth and national competitiveness, ultimately leading to shared well-being and prosperity.

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