National E-Invoicing Initiative
A national digitalisation agenda to improve business efficiency and productivity.OBJECTIVE
The National E-Invoicing Initiative aims to drive interoperable E-Invoicing by digitalising how businesses send invoices to other businesses, allowing different accounting software and Enterprise Resource Planning (ERP) system to send and receive e-invoices in a system-to-system manner.
The Benefits
INCREASE BUSINESS
EFFICIENCY
Manual data entry and physical paper handling processes can be eliminated with the implementation of E-Invoicing and as a result helps businesses transact invoices more efficiently and seamlessly with accurate traceability.
IMPROVE
CASHFLOW
With E-Invoicing, billing and calculation errors can be reduced significantly, thus accelerate payments and minimise disputes in irregularities.
EFFICIENT TAX
COMPLIANCE
The implementation of a compliant interoperable E-Invoicing framework will ensure an organised work process and facilitate effective tax reporting.
INCREASE BUSINESS
EFFICIENCY
Manual data entry and physical paper handling processes can be eliminated with the implementation of E-Invoicing and as a result helps businesses transact invoices more efficiently and seamlessly with accurate traceability.
IMPROVE
CASHFLOW
With E-Invoicing, billing and calculation errors can be reduced significantly, thus accelerate payments and minimise disputes in irregularities.
EFFICIENT TAX
COMPLIANCE
The implementation of a compliant interoperable E-Invoicing framework will ensure an organised work process and facilitate effective tax reporting.
MDEC as Malaysia's Peppol Authority
As a Peppol Authority, MDEC plays the role of accrediting Malaysia's Peppol service providers and Peppol ready solution providers, specifying local requirements and technical standards, governing the overall Peppol framework compliance and promote the business adoption of E-Invoicing in Malaysia.
Read more about Peppol here.
Malaysia’s Peppol Solution and Service Providers:
Peppol Service Providers (SP)
Peppol Service Providers (or Access Point (AP) Providers) are responsible for creating and maintaining the gateways that connect businesses and software to the e-Invoicing network.
Learn about the requirements to become a Peppol SP in Malaysia.
Peppol-Ready Solution Providers (PRSP)
Peppol-Ready Solution Providers are accounting software, ERP or solutions that provide the functionality of sending and receiving e-Invoice without necessarily becoming an Access Point (AP).
Learn about the requirements to become a PRSP in Malaysia.
Malaysia PINT Specifications
Peppol International Invoice (PINT) is the specification that facilitates interoperable exchange of invoices across the Peppol Network at a global level.
Learn more information on Malaysia PINT specifications.
Peppol Service Providers (SP)
Peppol Service Providers (or Access Point (AP) Providers) are responsible for creating and maintaining the gateways that connect businesses and software to the e-Invoicing network.
Learn about the requirements to become a Peppol SP in Malaysia.Peppol-Ready Solution Providers (PRSP)
Peppol-Ready Solution Providers are accounting software, ERP or solutions that provide the functionality of sending and receiving e-Invoice without necessarily becoming an Access Point (AP).
Learn about the requirements to become a PRSP in Malaysia.Malaysia PINT Specifications
Peppol International Invoice (PINT) is the specification that facilitates interoperable exchange of invoices across the Peppol Network at a global level.
Learn more information on Malaysia PINT specifications.