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 11 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

Education

Fadhlina: Numerous factors considered before any decision made to close schools

Malaysia

Traffic congestion in Bandar Sunway persists into the afternoon

Malaysia

Two people allegedly stabbed in Kepong attack, student faces 20 years in jail

Malaysia

KLIA steps up K9 patrols at peak hours after security incidents

Malaysia

Customs seizes RM162m in drugs, including 460kg hidden in cemetery hut

Malaysia

Fourteen men charged over teenager’s death after alleged two-day ordeal

Malaysia

Instant billionaire? Bank customer finds RM1 billion mistakenly credited to account

Malaysia

Irene Sofiya murder: Accused’s family to take legal action over fake social media posts

World

Indonesia records 277,075 respiratory infections as forest fires fuel haze crisis

You may be interested

Business

Oil price surge threatens to raise Malaysia’s cost pressures as ringgit steadies

Business

Oil prices rise as Gulf attacks threaten supply recovery

Business

SC expands new co-investment fund in 2027 to unlock growth capital for Malaysian businesses