Autocount Dotcom Bhd (ADB), through its wholly-owned subsidiary Auto Count Sdn Bhd, launched AutoCount OneSales PalmPOS on February 19, 2025. This innovative mobile point-of-sale (Mobile POS) solution is designed to simplify the adoption of e-invoicing for micro-SMEs.

Singapore is a major overseas market contributing significantly to ADB’s revenue. The industry expects substantial benefits as Singapore prepares to implement e-invoicing initiatives. The Inland Revenue Authority of Singapore (IRAS) announced the soft launch of e-invoicing in May 2025 under the GST InvoiceNow Requirement, which currently offers voluntary early adoption. Starting November 1, 2025, compliance with this e-invoicing mandate will become mandatory for newly incorporated companies that voluntarily register for GST. A phased implementation plan is in place to extend mandatory e-invoicing to all GST-registered businesses over time.

Malaysia is ahead of the region in implementing e-invoicing, beginning its phased rollout on August 1, 2024, starting with large corporations. This early adoption provides Malaysian businesses with a first-mover advantage, offering opportunities to gain valuable experience in software development, system integration, and implementation.

Industries in Malaysia can benefit in several ways:

1) Software Development Expertise: Local companies specializing in e-invoicing solutions will have more time to refine their platforms, positioning them for regional expansion.

2) Implementation Experience: Businesses will develop best practices for compliance, automation, and system integration, which can be shared with neighboring countries as they adopt e-invoicing.

3) Competitive Edge: Malaysian firms may establish themselves as regional leaders in e-invoicing solutions, offering consulting services and technological expertise to other Southeast Asian markets.

The industry’s potential remains vast — the night is still young...

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