- Older economic sectors in Malaysia are now reliant on technology for various processes, including data management, surveillance, and marketing.
- The introduction of mandatory e-invoicing poses a significant challenge for businesses in these sectors, as it directly impacts cash flow.
- Despite the challenges, businesses from the older economic sectors can successfully transition to e-invoicing by adopting the right technology and software, adhering to the new regulations set by the Inland Revenue Board of Malaysia (IRBM)
Source Storecove