Business

SMEs called on to accelerate digital transformation ahead of mandatory e-Invoicing

With full e-Invoice implementation approaching, over 1,000 entrepreneurs and finance professionals were told that digital readiness, AI adoption and stronger compliance frameworks are essential for business survival in 2026

Updated 6 months ago · Published on 14 Nov 2025 2:28PM

SMEs called on to accelerate digital transformation ahead of mandatory e-Invoicing
The conference highlighted significant changes to the business landscape as Budget 2026 measures and mandatory e-Invoicing reshape how organisations manage their obligations - November 14, 2025

AS Malaysia prepares for the full rollout of e-Invoicing and a shift towards a digitally driven economy, the Wezmart Tax Budget 2026 & Digital Conference has called on small and medium enterprises to rapidly strengthen their digital and compliance capabilities.

The conference, which gathered more than 1,000 entrepreneurs and finance professionals, highlighted significant changes to the business landscape as Budget 2026 measures and mandatory e-Invoicing reshape how organisations manage their obligations.

In a statement, Wezmart said that tasks once seen as purely administrative have now evolved into “strategic drivers of growth”.

Technologies such as automation, analytics and AI-based decision support were identified as essential foundations for financial accuracy, operational efficiency and market agility.

“The participants also emphasised the critical role of data-driven strategies, including the use of customer insights and real-time reporting to enhance companies’ ability to grow and build sustainable confidence at the regional level,” the statement said.

A central theme was that business continuity in 2026 will depend on proactive transformation rather than incremental improvements.

“Digital efficiency has now become a key competitive advantage, with AI-enhanced reporting and market intelligence reshaping how organisations operate in the post e-Invoice era,” it added.

Strengthening compliance through digital workflows, using AI to reinforce branding and deploying data-driven decision-making were deemed critical to sustainable expansion across ASEAN.

Wezmart Group Chief Executive Officer Yee Chee Mun underscored the message, saying SMEs must “start small, move fast and build the capacity to adapt”. - November 14, 2025

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Business

Ringgit holds firm against major currencies as markets await key US inflation data