Malaysia is trying something new: digital bills or e-invoices. It’s a big step into the future. Let’s dive in and see what it’s all about – What is it and How it Works ? Electronic Invoicing (E-invoicing) is like a regular bill, but online. Instead of paper bills, you get them on your computer or phone. It’s faster, cleaner, and you won’t lose them! Malaysia E-Invoice Malaysia is taking a...
In this modern age of burgeoning technologies, it has become imperative for organizations worldwide to embrace the latest innovations and digital trends. Staying ahead of the curve demands the adoption of digital tools such as ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) systems have become essential for nearly every business. Singapore, too, is keenly aware of the importance of keeping up with the latest digital trends to maintain...
Industry4WRD is a comprehensive policy launched by the Malaysian government to help industries transform and modernize in order to achieve Industry 4.0 standards. If you are a Malaysian SME in the manufacturing or related services sectors and looking to adopt Industry 4.0 technologies, here are the steps to apply for Industry4WRD Intervention Fund by MIDA. What is Industry4WRD Intervention Fund (IIF)? The Industry4WRD Intervention Fund (IIF)is open to Malaysian SMEs...
Sustainability today is a core imperative, and businesses are under tremendous pressure from customers, investors, employees and regulators to work towards a sustainable future. Many companies have already put forward ambitious goals to become more sustainable and started their journey. But now (more than ever) it is time to accelerate the sustainability transformation to reach those goals. With 77% of the world’s transactions touching SAP systems and more than 400,000...
If you are a business owner looking to get tools or software to automate the process in your business but couldn’t afford it then you can use our Productivity Solutions Grant (PSG) pre-approved ERP software to kick-start your digital transformation. Now, it’s the perfect time to apply for PSG because the grant covers up to 50% of the total cost (subjected to an overall grant cap of $30,000 per entity...
According to a McKinsey Global Survey, COVID-19 has accelerated years of digitalisation into a span of a few months and many of these changes could be here for the long haul. In many ways, AI seems to be leading many of the advances in technology and in this age where data or technology is the new gold, we have to stay updated. How COVID-19 has pushed companies over the technology tipping...
Being a trading nation, Malaysia continually seeks innovative ways to grow their market and deliver more improved products. The Southeast Asian country has radically improved its manufacturing sector over the past few years, making it the leading player in the global market. This is what made Malaysia into a major industrial nation. The country’s manufacturing industry has undergone rapid evolution in recent decades, starting from mass-scale production to the use...
You are a small and mid-size business owner, and your business is on lockdown to help stem the pandemic caused by the coronavirus. Your people are forced to work from home, and suddenly business comes to a grinding halt. But does it necessarily? In this blog, I wanted to share with you 5 essential software tools that we at Axxis Consulting use to create a resemblance of normalcy during MCO...
What are the salient points of the Singapore Budget 2020, what impact did the Coronavirus have on the budget 2020, and what’s in it for Singapore SMEs? In a nutshell, the government is strengthening its support for an economy that already been straining from the trade war in 2019. With that notion, 800 Million are set aside to fight and contain the coronavirus, and also will provide two economic support...
If you plan to roll out your existing SAP system to Asia, you have to consider both tax and local regulations as well as cultural differences that might impact your project success. This certainly brings a million questions to your curious mind! What are the fundamental differences to keep in mind for an SAP Rollout to Asia? What are the factors to consider for an SAP Rollout to Asia? Any...
In today’s world, digital transformation is bound to be a topic of discussion for any business, regardless of industry. It has become an ambiguous term that gets thrown around at conferences and board meetings. Nonetheless, the ramifications of digital transformation are real and significant. So, what exactly do we mean by digital transformation? “Digital transformation is the profound and accelerating transformation of business activities, processes, competencies and models to fully...
Singapore’s Budget 2018 “Singapore’s Budget 2018 is a strategic and integrated plan to position the country for the future. It supports our transformation into a vibrant and innovative economy, and a smart, green and liveable city. It also fosters a caring and cohesive society while ensuring a fiscally sustainable and secure future for Singapore.” Heng Swee Keat, finance minister. Singapore’s Budget 2018, has been establish according to new technologies and...
