NAVI MUMBAI, India, May 6, 2024
/PRNewswire/ -- IRIS Business Services (BSE: 540735), a leading
provider of innovative regulatory reporting software solutions,
proudly announces the launch of 'IRIS Myeinvois', a cutting-edge
Software as a Service (SaaS) platform designed to streamline
e-Invoice compliance for taxpayers in Malaysia.
As per the mandate set forth by Malaysia's tax regulator, Lembaga Hasil Dalam
Negeri (LHDN), businesses are required to adopt electronic
invoicing for tax compliance. In response to this regulatory
requirement, IRIS Myeinvois offers a comprehensive solution that
empowers businesses to achieve e-Invoice compliance
effortlessly.
The hallmark feature of IRIS Myeinvois is its capability to
seamlessly transform data from diverse source systems into the
prescribed format for e-Invoice generation. This functionality not
only simplifies the compliance process but also enhances efficiency
by eliminating manual data entry errors.
Furthermore, IRIS Myeinvois provides users with flexible
connectivity options, including API integration, file-based SFTP
integration, manual file uploads, and direct manual entries via the
intuitive portal interface. This versatility ensures that
businesses of all sizes and technological capabilities can easily
leverage the platform to meet their e-Invoice compliance
obligations.
In addition to its core functionality, IRIS Myeinvois offers a
range of value-added features to enhance user experience and
maximize productivity. Customizable invoice templates enable
businesses to tailor their invoices according to their branding and
specific requirements. Real-time alerts ensure timely notifications
for important events and deadlines, enabling proactive compliance
management. Moreover, robust analytics capabilities provide
valuable insights into invoicing trends and patterns, empowering
businesses to make data-driven decisions.
"We are thrilled to introduce IRIS Myeinvois to the Malaysian
market," said Gautam Mahanti, Business Head at IRIS
Business Services. "With its user-friendly interface, advanced
features, and seamless integration capabilities, IRIS Myeinvois is
poised to revolutionize e-Invoice compliance for businesses across
Malaysia."
About IRIS Business Services
IRIS Business Services is at the forefront of solutions
for regulatory reporting and compliance, trusted by over 30
regulators, 6000+ enterprises, in 52 countries.
The tax technology division of IRIS, IRIS Tax Tech, aids
businesses in fulfilling their GST compliance obligations and in
processing e-invoices by serving over 1500 companies in
India, generating over 3 mn
e-Invoices every month.
Additionally, it is appointed by the Indian government as an
Invoice Registration Portal (IRP) for companies to meet the
e-invoicing mandate.
For more information visit - www.irisbusiness.com.
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