The Service Business Times

The SBT

Home Business Tech Economy World Entertainment Life & Arts Opinion

Get Ready for E-Invoicing with Kreloses: Preparing for a Seamless Transition

By Jen Soo Wednesday, 14 August, 2024

As the world continues to move towards digitalization, Malaysia is gradually implementing e-invoicing as part of its broader efforts to enhance transparency and efficiency in business operations. E-invoicing, or electronic invoicing, allows businesses to send, receive, and process invoices digitally while ensuring compliance by automatically syncing invoice data with government tax systems. This modern approach reduces the risk of errors, speeds up payment processes, and contributes to a more transparent and compliant business model.

Big News! Kreloses is Getting Ready for E-Invoicing! Big News! Kreloses is Getting Ready for E-Invoicing!

At Kreloses, we are committed to keeping pace with these developments and supporting our users through every step of the transition. We are excited to announce that we will be launching our e-invoice feature in line with the government’s scheduled rollout, ensuring that your clinic is fully prepared to meet the new regulatory requirements.

Why E-Invoicing Matters for Your Clinic

E-invoicing is more than just a new way of handling invoices—it's a crucial step towards ensuring compliance with Malaysia’s evolving tax regulations. By adopting e-invoicing, your clinic can benefit from:

  • 👮🏼Automated Compliance: With our upcoming e-invoice feature, your invoices will be automatically synced with the government’s tax systems, reducing the burden of manual reporting and ensuring compliance with the latest regulations.

  • Efficiency and Accuracy: E-invoicing helps to minimize errors that can occur with manual data entry, leading to more accurate financial records and smoother operations within your clinic.

  • 💰 Faster Payment Cycles: By streamlining the invoicing process and ensuring quick, digital submission, e-invoicing can help accelerate payment cycles, improving your clinic’s cash flow.

  • 🌎 Environmentally Friendly Practices: Moving away from paper-based invoicing contributes to a more sustainable business model, aligning your clinic with environmentally conscious practices.

 Seamlessly manage your clinic Seamlessly manage your clinic's processes now, and stay tuned for our e-invoicing feature—designed to take your clinic’s efficiency and compliance to the next level.

What to Expect from Kreloses’ E-Invoice Feature

Our development team is hard at work to ensure that the new e-invoice feature will be ready for you in accordance with the government’s schedule. Here’s what you can look forward to:

  • ➡️Seamless Integration: The e-invoice feature will integrate smoothly with your existing Kreloses system, allowing for easy adoption without disrupting your current operations.

  • 🧾Automated Invoicing: The feature will automate the process of generating and submitting invoices, reducing manual effort and enhancing accuracy.

  • 🔐Compliance Assurance: Our e-invoice feature will be designed to meet all current and upcoming regulatory requirements, ensuring that your clinic remains compliant with Malaysian tax laws.

  • 👁️Real-Time Tracking: You’ll be able to track the status of your invoices in real-time, providing greater control and visibility over your clinic’s financial operations.

As we move from manual record-keeping to digital solutions like Kreloses, get ready for the upcoming e-invoicing feature that will revolutionize your operations.As we move from manual record-keeping to digital solutions like Kreloses, get ready for the upcoming e-invoicing feature that will revolutionize your operations.

Stay Tuned for More Updates

We’re targeting an early 2025 release for our e-invoice feature, aligned with the government’s current implementation timeline. We will keep you updated with more details as we approach the launch date. Our goal is to make the transition to e-invoicing as smooth and effortless as possible, providing you with the tools you need to enhance your clinic’s efficiency and compliance.

Our Recommendation

E-invoicing represents a significant shift in how clinics and businesses in Malaysia will manage their financial operations. By preparing for this transition now with the upcoming Kreloses e-invoice feature, you can ensure that your clinic is not only compliant with new regulations but also positioned to benefit from the efficiencies that digital invoicing offers.

Thank you for choosing Kreloses as your trusted partner in clinic management. We look forward to supporting you through this exciting evolution in your business operations.

Join other services businesses across Asia

Grow together with Kreloses.

Request a Demo
© 2024 Kreloses PLT | LLP0016271-LGN. All rights reserved.