13-06-2025
- Business
- New Straits Times
Intuit launches e-invoicing solution via QuickBooks platform
KUALA LUMPUR: Global financial technology firm Intuit Inc has launched a new e-invoicing solution in Malaysia via its QuickBooks platform to help businesses comply with government regulations and enhance operational efficiency.
Launched on June 12, the solution is designed to support businesses in meeting the government's e-invoicing requirements while reducing the complexity, cost and risks associated with manual processes.
Intuit vice-president for Asia Pacific Lars Leber said the initiative aligns with the government's broader digital economy agenda, especially as Malaysia prepares to assume the Asean chairmanship.
"Our e-invoicing solution not only helps Malaysian businesses meet compliance requirements, it also contributes to the broader goal of improving tax transparency and digital efficiency," he said in a statement today.
He said automation would help businesses minimise errors, improve cash flow visibility, and shorten payment turnaround times.
"We're helping businesses operate more efficiently while ensuring data accuracy for regulators. It's a win-win that strengthens the overall business ecosystem," he added.
Leber said Intuit remained committed to supporting Malaysia's growth, with the e-invoicing tool marking the first of many planned innovations.
"We're invested in driving the success of our customers in Malaysia, and e-invoicing is just the beginning. More innovation is on the way as we continue to strengthen our position as an AI leader, building a platform where everything is in one place to run and grow your business, from lead to cash, with a virtual team of AI-enabled agents and human experts."
The solution enables users to generate and send invoices with just a few clicks, track payment statuses in real time, and connect directly with the Inland Revenue Board (IRB).
It also offers full transparency throughout the invoicing process and reduces the risk of business disruptions, revenue loss, or supply chain issues associated with non-compliance.
With rising demand for digitalisation across Southeast Asia, Intuit said its tools are designed to help businesses keep pace with evolving regulations while remaining competitive in a rapidly changing economic landscape.
