KUALA LUMPUR: E-invoicing is more than just a compliance task – it drives digital transformation for small and medium enterprises and larger businesse...
Karjalainen says transitioning to e-invoicing can be challenging, especially for businesses accustomed to traditional methods.E-invoicing is more than just a compliance task – it drives digital transformation for small and medium enterprises and larger businesses in Malaysia, Valta Technology Group CEO Jussi Karjalainen said.
“Additionally, when e-invoicing is expanded into a fully optimised order-to-cash or procure-to-pay process, the business case benefits of saving costs and improving efficiency come to reality,” he toldKarjalainen said digital transformation is reshaping how businesses operate, turning tasks such as strategic sourcing, order management, and payables into key competitive advantages.
“With AI-driven invoice data extraction, businesses can make a significant leap in their digital transformation, opening up new opportunities for growth and efficiency,” Karjalainen said. “Our system ensures compliance with local and international regulations, enabling smooth cross-border operations. E-invoicing streamlines international procurement, boosts efficiency, cuts costs, improves cash flow, and accelerates payments, helping businesses build stronger relationships with key suppliers and become more competitive through early payment discounts,“ Karjalainen said.
Karjalainen said e-invoicing is a powerful tool for Malaysian businesses to expand their global footprint. “We want to emphasise that we are not just another e-invoicing provider. We are a partner in building an end-to-end ecosystem for business process automation,” Karjalainen said.
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